StepStone Private Credit Fund reports preliminary Q1 2026 NAV $25.92, NII $0.57, $253M equity raise

Stepstone Private Credit Fund LLC

Sold 9,773,649 unregistered shares for $253.4 million in continuous private offering.
Preliminary NAV per share $25.92; aggregate NAV $2.09B; portfolio $3.31B; debt $1.29B.
Q1 2026 NII per share $0.57; distribution of $0.59 per share declared payable April 30.
Aggregate private offering: 86.6M shares for $2.26B; total offering size up to $10B.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

Stepstone Private Credit Fund LLC issued 9,773,649 unregistered shares of common stock to participating investors for aggregate consideration of $253.4 million.

Security: common stock
Shares: 9,773,649 unregistered shares
Purchaser: participating investors
Consideration: aggregate consideration of $253.4 million

Exact text from the filing

As of April 1, 2026, Stepstone Private Credit Fund LLC (the “Company”) sold 9,773,649 unregistered shares (the “Sold Shares”) of the Company’s limited liability company interests (the “Shares”) (with the final number of Sold Shares issued being determined on April 28, 2026) pursuant to subscription agreements entered into with the participating investors for aggregate consideration of $253.4 million.

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Source: SEC EDGAR

accession 0001193125-26-186640

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