{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-158197","form_type":"8-K","ticker":null,"cik":"0002033362","company_name":"Audax Private Credit Fund, LLC","filed_at":"2026-04-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.419275+00:00","generated_at":"2026-05-15T05:55:41.657621+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Audax Private Credit Fund enters $275M senior secured credit facility with accordion to $412.5M","bullets":["Initial principal $275M, expandable to $412.5M via accordion; maturity April 10, 2031.","USD loans bear interest at Adjusted Term SOFR Rate plus 1.75%-1.875% depending on borrowing base ratio.","Commitment fee 0.375% per annum on undrawn amounts; facility secured by substantially all portfolio investments.","Proceeds for general corporate purposes, including debt repayment, distributions, and portfolio investments.","Financial covenants include minimum shareholders' equity and asset coverage ratio maintenance."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-158197","json":"https://secwatch.observer/filing/0001193125-26-158197.json","markdown":"https://secwatch.observer/filing/0001193125-26-158197.md","text":"https://secwatch.observer/filing/0001193125-26-158197.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2033362/000119312526158197/0001193125-26-158197-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2033362/000119312526158197/ck0002033362-20260410.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T05:55:41.657621+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f7547df43dbd4994e9aad2b17f601282e60d22bd","claim":"Audax Private Credit Fund, LLC incurred credit facility of $275,000,000 with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, the lenders party thereto at 1.75% or 1.875% plus the Adjusted Term SOFR Rate maturing April 10, 2031.","evidence_excerpt":"On April 10, 2026, Audax Private Credit Fund, LLC (the “ Fund ”), as borrower, entered into a senior secured credit facility (the “ Facility ”) pursuant to a Senior Secured Credit Agreement (the “ Agreement ”; capitalized terms used but not defined herein shall have the meanings specified in the Agreement), with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, the lenders party thereto (the “ Lenders ”), and JPMorgan Chase Bank, N.A., PNC Bank, National Association and Pinnacle Bank, a Tennessee bank, d/b/a Synovus Bank, as lead arrangers and bookrunners.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2033362/000119312526158197/0001193125-26-158197-index.htm","confidence":0.9},{"claim_id":"c443cf55400caa5dc2b4dc7774f9e6260cfef1c7","claim":"Audax Private Credit Fund, LLC entered into Senior Secured Credit Agreement with JPMorgan Chase Bank, N.A., PNC Bank, National Association and Pinnacle Bank, a Tennessee bank, d/b/a Synovus Bank valued at $275,000,000 (effective 2026-04-10).","evidence_excerpt":"On April 10, 2026, Audax Private Credit Fund, LLC (the “ Fund ”), as borrower, entered into a senior secured credit facility (the “ Facility ”) pursuant to a Senior Secured Credit Agreement (the “ Agreement ”; capitalized terms used but not defined herein shall have the meanings specified in the Agreement), with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, the lenders party thereto (the “ Lenders ”), and JPMorgan Chase Bank, N.A., PNC Bank, National Association and Pinnacle Bank, a Tennessee bank, d/b/a Synovus Bank, as lead arrangers and bookrunners.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2033362/000119312526158197/0001193125-26-158197-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001140361-26-023577","ticker":"TCPC","company_name":"BlackRock TCP Capital Corp.","filed_at":"2026-06-01T20:50:02+00:00","headline":"BlackRock TCP Capital closes $535.8M CLO securitization, repays existing debt facilities","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-023577","json":"https://secwatch.observer/filing/0001140361-26-023577.json","markdown":"https://secwatch.observer/filing/0001140361-26-023577.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/ef20075169_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On April 10, 2026, Audax Private Credit Fund, LLC (the “ Fund ”), as borrower, entered into a senior secured credit facility (the “ Facility ”) pursuant to a Senior Secured Credit Agreement (the “ Agreement ”; capitalized terms used but not defined herein shall have the meanings specified in the Agreement), with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, the lenders party thereto (the “ Lenders ”), and JPMorgan Chase Bank, N.A., PNC Bank, National Association and Pinnacle Bank, a Tennessee bank, d/b/a Synovus Bank, as lead arrangers and bookrunners.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2033362/000119312526158197/0001193125-26-158197-index.htm","comparable_excerpt":"Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the \" Closing Date \"), BlackRock TCP Capital Corp. (the \" Company \"), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the \" CLO Transaction \"). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm"}},{"accession":"0001628280-26-039479","ticker":"VVX","company_name":"V2X, Inc.","filed_at":"2026-06-01T20:10:20+00:00","headline":"V2X refinances $868.5M term loans with new tranche maturing 2030; SOFR+2% margin","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-039479","json":"https://secwatch.observer/filing/0001628280-26-039479.json","markdown":"https://secwatch.observer/filing/0001628280-26-039479.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/0001628280-26-039479-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/vec-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On April 10, 2026, Audax Private Credit Fund, LLC (the “ Fund ”), as borrower, entered into a senior secured credit facility (the “ Facility ”) pursuant to a Senior Secured Credit Agreement (the “ Agreement ”; capitalized terms used but not defined herein shall have the meanings specified in the Agreement), with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, the lenders party thereto (the “ Lenders ”), and JPMorgan Chase Bank, N.A., PNC Bank, National Association and Pinnacle Bank, a Tennessee bank, d/b/a Synovus Bank, as lead arrangers and bookrunners.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2033362/000119312526158197/0001193125-26-158197-index.htm","comparable_excerpt":"The Amendment provides for, among other things, a new tranche of term loans under the Credit Agreement in an aggregate original principal amount of $868,522,978.38 (the “New Term Loans”), which New Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Amendment), as further set forth in the Amendment. The New Term Loans mature on December 6, 2030.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/0001628280-26-039479-index.htm"}},{"accession":"0001213900-26-054183","ticker":"EMAT","company_name":"Evolution Metals & Technologies Corp.","filed_at":"2026-05-11T23:59:59+00:00","headline":"EMAT secures $100M convertible debenture facility from Yorkville; first $20M tranche issued","event_type":"debt","sec_items":["1.01","2.03","3.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-054183","json":"https://secwatch.observer/filing/0001213900-26-054183.json","markdown":"https://secwatch.observer/filing/0001213900-26-054183.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/ea0290073-8k_evolution.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On April 10, 2026, Audax Private Credit Fund, LLC (the “ Fund ”), as borrower, entered into a senior secured credit facility (the “ Facility ”) pursuant to a Senior Secured Credit Agreement (the “ Agreement ”; capitalized terms used but not defined herein shall have the meanings specified in the Agreement), with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, the lenders party thereto (the “ Lenders ”), and JPMorgan Chase Bank, N.A., PNC Bank, National Association and Pinnacle Bank, a Tennessee bank, d/b/a Synovus Bank, as lead arrangers and bookrunners.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2033362/000119312526158197/0001193125-26-158197-index.htm","comparable_excerpt":"The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm"}},{"accession":"0000008947-26-000108","ticker":"AZZ","company_name":"AZZ INC","filed_at":"2026-05-08T23:59:59+00:00","headline":"AZZ refinances revolver; maturity extended to 2029, margins cut 50 bps","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000008947-26-000108","json":"https://secwatch.observer/filing/0000008947-26-000108.json","markdown":"https://secwatch.observer/filing/0000008947-26-000108.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/0000008947-26-000108-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/azz-20260507.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On April 10, 2026, Audax Private Credit Fund, LLC (the “ Fund ”), as borrower, entered into a senior secured credit facility (the “ Facility ”) pursuant to a Senior Secured Credit Agreement (the “ Agreement ”; capitalized terms used but not defined herein shall have the meanings specified in the Agreement), with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, the lenders party thereto (the “ Lenders ”), and JPMorgan Chase Bank, N.A., PNC Bank, National Association and Pinnacle Bank, a Tennessee bank, d/b/a Synovus Bank, as lead arrangers and bookrunners.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2033362/000119312526158197/0001193125-26-158197-index.htm","comparable_excerpt":"The Seventh Amendment (i) terminated the Initial Revolving Credit Commitments and simultaneously replaced them in their entirety with Extended Revolving Credit Commitments having a Maturity Date of May 7, 2029, (ii) decreased the interest rate margin applicable to the Revolving Credit Loans from margins ranging from 175 basis points to 275 basis points (subject to leverage ratio step-downs) to margins ranging from 125 basis points to 225 basis points (subject to leverage ratio step-downs)","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/0000008947-26-000108-index.htm"}},{"accession":"0001104659-26-057953","ticker":"ILPT","company_name":"Industrial Logistics Properties Trust","filed_at":"2026-05-08T23:59:59+00:00","headline":"ILPT Mountain JV closes $1.62B loan at 5.71% fixed, repays $1.6B existing debt","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-057953","json":"https://secwatch.observer/filing/0001104659-26-057953.json","markdown":"https://secwatch.observer/filing/0001104659-26-057953.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/0001104659-26-057953-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/tm2613865d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On April 10, 2026, Audax Private Credit Fund, LLC (the “ Fund ”), as borrower, entered into a senior secured credit facility (the “ Facility ”) pursuant to a Senior Secured Credit Agreement (the “ Agreement ”; capitalized terms used but not defined herein shall have the meanings specified in the Agreement), with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, the lenders party thereto (the “ Lenders ”), and JPMorgan Chase Bank, N.A., PNC Bank, National Association and Pinnacle Bank, a Tennessee bank, d/b/a Synovus Bank, as lead arrangers and bookrunners.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2033362/000119312526158197/0001193125-26-158197-index.htm","comparable_excerpt":"Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch, or collectively,\nthe lenders, pursuant to which Mountain JV obtained, in aggregate, a $1.62 billion loan secured\nby 90 of its properties, or the Loan . Also on May 8, 2026, we entered into a guaranty in favor of the lenders, pursuant to which\nwe guaranteed certain limited","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/0001104659-26-057953-index.htm"}},{"accession":"0001193125-26-214205","ticker":"PGIM","company_name":"PGIM Private Credit Fund","filed_at":"2026-05-08T23:59:59+00:00","headline":"PGIM Private Credit Fund enters $100M credit facility with $500M accordion option","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-214205","json":"https://secwatch.observer/filing/0001193125-26-214205.json","markdown":"https://secwatch.observer/filing/0001193125-26-214205.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/0001193125-26-214205-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/ck0001923622-20260505.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On April 10, 2026, Audax Private Credit Fund, LLC (the “ Fund ”), as borrower, entered into a senior secured credit facility (the “ Facility ”) pursuant to a Senior Secured Credit Agreement (the “ Agreement ”; capitalized terms used but not defined herein shall have the meanings specified in the Agreement), with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, the lenders party thereto (the “ Lenders ”), and JPMorgan Chase Bank, N.A., PNC Bank, National Association and Pinnacle Bank, a Tennessee bank, d/b/a Synovus Bank, as lead arrangers and bookrunners.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2033362/000119312526158197/0001193125-26-158197-index.htm","comparable_excerpt":"Repo Rate Average; and for Australian‐dollar advances, Bank Bill Swap Rate), in each case subject to a 0.25% floor. The initial facility amount of the Credit Facility is $100 million, with an accordion feature that permits increases, with the consent of the facility agent and the lenders, up to an aggregate commitment of $500 million. The Credit Facility has","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/0001193125-26-214205-index.htm"}},{"accession":"0001213900-26-053894","ticker":"TBH","company_name":"Brag House Holdings, Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Brag House issues $2.5M convertible notes at 25% OID; proceeds for House of Doge merger","event_type":"debt","sec_items":["1.01","2.03","3.02","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-053894","json":"https://secwatch.observer/filing/0001213900-26-053894.json","markdown":"https://secwatch.observer/filing/0001213900-26-053894.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1903595/000121390026053894/0001213900-26-053894-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1903595/000121390026053894/ea0289773-8k_braghouse.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On April 10, 2026, Audax Private Credit Fund, LLC (the “ Fund ”), as borrower, entered into a senior secured credit facility (the “ Facility ”) pursuant to a Senior Secured Credit Agreement (the “ Agreement ”; capitalized terms used but not defined herein shall have the meanings specified in the Agreement), with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, the lenders party thereto (the “ Lenders ”), and JPMorgan Chase Bank, N.A., PNC Bank, National Association and Pinnacle Bank, a Tennessee bank, d/b/a Synovus Bank, as lead arrangers and bookrunners.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2033362/000119312526158197/0001193125-26-158197-index.htm","comparable_excerpt":"The issuance of the Notes in the aggregate original principal amount of $2,500,000 constitutes the creation of a direct financial obligation of the Company. The Notes bear interest at 12.0% per annum, mature on February 4, 2027","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1903595/000121390026053894/0001213900-26-053894-index.htm"}},{"accession":"0001335258-26-000023","ticker":"LYV","company_name":"Live Nation Entertainment, Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Live Nation VenueCo closes €610M secured notes issuance backed by 4 venues","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001335258-26-000023","json":"https://secwatch.observer/filing/0001335258-26-000023.json","markdown":"https://secwatch.observer/filing/0001335258-26-000023.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1335258/000133525826000023/0001335258-26-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1335258/000133525826000023/lyv-20260508.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"On April 10, 2026, Audax Private Credit Fund, LLC (the “ Fund ”), as borrower, entered into a senior secured credit facility (the “ Facility ”) pursuant to a Senior Secured Credit Agreement (the “ Agreement ”; capitalized terms used but not defined herein shall have the meanings specified in the Agreement), with JPMorgan Chase Bank, N.A., as administrative agent and as collateral agent, the lenders party thereto (the “ Lenders ”), and JPMorgan Chase Bank, N.A., PNC Bank, National Association and Pinnacle Bank, a Tennessee bank, d/b/a Synovus Bank, as lead arrangers and bookrunners.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2033362/000119312526158197/0001193125-26-158197-index.htm","comparable_excerpt":"On May 8, 2026, Live Nation VenueCo, LLC (“VenueCo”), a bankruptcy-remote, special purpose vehicle owned by certain bankruptcy-remote, special purpose entities (the “Participants”), which are indirect subsidiaries of Live Nation Entertainment, Inc. (the “Company”), closed its previously announced issuance of €610 million aggregate principal amount of fixed rate senior secured notes (the “Notes”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1335258/000133525826000023/0001335258-26-000023-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}