Fidelity Private Credit Company to merge into Fidelity Private Credit Company II LLC

Fidelity Private Credit Co LLC

Fund I will merge into Fund II, with Fund II as the surviving company; no unitholder vote required.
Each Fund I unit converts into Fund II units at an exchange ratio based on closing NAV per unit.
Board unanimously approved; conditions include Form 10 effectiveness and amendment to credit facility.
Merger must close by September 4, 2026; credit agreement amendment consents and provides for assumption by Fund II.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Fidelity Private Credit Co LLC amended Limited Consent and First Amendment to Senior Secured Revolving Credit Agreement with Truist Bank (effective 2026-03-24).

Action: amendment
Agreement: credit facility
Counterparty: Truist Bank
Effective: 2026-03-24

Exact text from the filing

On March 24, 2026, the Fund, as borrower, entered into that certain Limited Consent and First Amendment to Senior Secured Revolving Credit Agreement (the “ Limited Consent and Amendment ”) with Truist Bank, as administrative agent, the lenders and issuing banks party thereto, and the subsidiary guarantors party thereto, with respect to that certain Senior Secured Revolving Credit Agreement, dated as of June 16, 2025, among the Fund, as borrower, Truist Bank, ING Capital LLC, as valuation agent, the lenders and issuing banks party thereto, and Truist Securities, Inc., ING Capital LLC, and Sumitomo Mitsui Banking Corporation, as joint book runners and joint lead arrangers (as amended by the Limited Consent and Amendment, the “ Credit Agreement ”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Fidelity Private Credit Co LLC entered into Agreement and Plan of Merger with Fidelity Private Credit Company II LLC (effective 2026-03-25).

Action: entry
Agreement: merger
Counterparty: Fidelity Private Credit Company II LLC
Effective: 2026-03-25

Exact text from the filing

On March 25, 2026, Fidelity Private Credit Company LLC, a Delaware limited liability company (the “ Fund ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Fidelity Private Credit Company II LLC, a Delaware limited liability company (the “ Fund II ”), and Fidelity Diversifying Solutions LLC.

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Source: SEC EDGAR

accession 0001193125-26-128128

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