LGAM Private Credit issues $7.7M in units, declares $0.1389/unit distribution, NAV $242.3M

LGAM Private Credit LLC

Sold 394,562 common units at $19.61 each for aggregate proceeds of ~$7.7M; exempt under Regulation S.
Declared regular distribution of $0.1389 per unit, payable June 3, 2026 to holders of record May 31, 2026.
Portfolio of 145 companies ($664.1M par) is 99.4% first-lien debt; ~99.9% floating rate as of April 30, 2026.
New investment commitments of $35.4M in April 2026, all first-lien debt.
Estimated net asset value of $242.3M and debt outstanding of $307.7M as of April 30, 2026.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

LGAM Private Credit LLC issued 394,562 of the Company’s Common Units of common stock to existing unitholders for $7.7 million aggregate, $19.61 per unit.

Security: common stock
Shares: 394,562 of the Company’s Common Units
Purchaser: existing unitholders
Consideration: $7.7 million aggregate, $19.61 per unit

Exact text from the filing

As of May 1, 2026, LGAM Private Credit LLC ("we", the "Company" or the "Fund"), sold approximately 394,562 of the Company’s Common Units (the “Units”) for an aggregate offering price of approximately $7.7 million, reflecting a purchase price of $19.61 per unit

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Source: SEC EDGAR

accession 0001193125-26-241955

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