PGIM Private Credit Fund doubles ABL facility with Deutsche Bank to $200M from $100M

PGIM Private Credit Fund

ABL facility increased from $100M to $200M under Amendment No. 1 to Loan Financing and Servicing Agreement, dated Sept. 18, 2026.
Amendment also revises applicable margin, plus certain concentration and reporting requirements under the facility.
New concentration limits include 20% cap on software loans and 20% cap on non-US obligor exposure (ex-US, Canada, UK, Germany).
Borrower is PGIM Private Credit Fund ABL LLC; Deutsche Bank AG NY Branch acts as facility agent, agent and committed lender.

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