Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
PGIM Private Credit Fund incurred credit facility of $100 million with Deutsche Bank AG, New York Branch, as facility agent, and State Street Bank and Trust Company, as collateral agent and collateral custodian at an applicable margin plus a benchmark rate for the applicable currency (for Doll maturing three years after the Closing Date.
- Instrument
- credit facility
- Principal
- $100 million
- Counterparty
- Deutsche Bank AG, New York Branch, as facility agent, and State Street Bank and Trust Company, as collateral agent and collateral custodian
- Rate
- an applicable margin plus a benchmark rate for the applicable currency (for Doll
- Maturity
- three years after the Closing Date
- Event
- incurrence
Exact text from the filing
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
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
PGIM Private Credit Fund entered into Credit Facility with Deutsche Bank AG, New York Branch, as facility agent, and State Street Bank and Trust Company, as collateral agent and collateral custodian, the Fund, as equityholder and servicer, the SPV, as borrower, and the lenders from time to time party thereto valued at $100 million (effective 2026-05-05).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Deutsche Bank AG, New York Branch, as facility agent, and State Street Bank and Trust Company, as collateral agent and collateral custodian, the Fund, as equityholder and servicer, the SPV, as borrower, and the lenders from time to time party thereto
- Value
- $100 million
- Effective
- 2026-05-05
Exact text from the filing
On May 5, 2026 (the "Closing Date"), PGIM Private Credit Fund ABL LLC (the "SPV"), a wholly owned subsidiary of PGIM Private Credit Fund (the "Fund"), entered into a loan financing and servicing agreement (the "Credit Facility") with Deutsche Bank AG, New York Branch, as facility agent, and State Street Bank and Trust Company, as collateral agent and collateral custodian, the Fund, as equityholder and servicer, the SPV, as borrower, and the lenders from time to time party thereto
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