secwatch.observer — SEC 8-K summary
======================================

Issuer:     Audax Private Credit Fund, LLC (—)
CIK:        0002033362
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001193125-26-158197
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Audax Private Credit Fund enters $275M senior secured credit facility with accordion to $412.5M
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2033362/000119312526158197/0001193125-26-158197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2033362/000119312526158197/ck0002033362-20260410.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-158197

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer