other material
confidence high
sentiment neutral
materiality 0.55
Fortress Private Lending Fund amends credit facility to $500M, declares $0.1834 September distribution
Fortress Private Lending Fund
- Credit facility increased from $400M to $500M; accordion raised to $1B; maturity extended to Sept 2031.
- NAV per share (Class I) $24.1947 as of Aug 31, 2026; aggregate NAV ~$1.1B.
- September distribution declared at $0.1834/share, payable Oct 22 to record holders Sept 30.
- Unregistered sale of 1,065,109 Class I shares for $25.8M, priced at Aug 31 NAV.
- Portfolio $2.0B fair value, 98.2% first lien, 99.9% floating rate; weighted avg yield 9.9%.