{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-018596","form_type":"8-K","ticker":null,"cik":"0001950803","company_name":"Stepstone Private Credit Fund LLC","filed_at":"2025-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.634267+00:00","generated_at":"2026-05-26T00:08:23.397657+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"StepStone Private Credit Fund upsizes Wells Fargo credit facility to $650M, sells $77.4M in shares","bullets":["Amended credit facility increased to $650M aggregate commitments, accordion to $900M; bears Daily Simple SOFR + 2.15%.","New lender Raymond James Bank added; maturity Feb 27, 2030, reinvestment period ends Feb 27, 2028.","Sold 2,949,038.56 unregistered shares for $77.4M in private offering; total issued shares 37.77M for $981.7M.","Net asset value per share as of Jan 31, 2025: $26.23; aggregate NAV $955.8M, portfolio $1.6988B, debt $791.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-018596","json":"https://secwatch.observer/filing/0001213900-25-018596.json","markdown":"https://secwatch.observer/filing/0001213900-25-018596.md","text":"https://secwatch.observer/filing/0001213900-25-018596.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1950803/000121390025018596/0001213900-25-018596-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1950803/000121390025018596/ea0232517-8k_stepstone.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T00:08:23.397657+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9e9224ddd7262ae396d61c3fb7253e87acb927d9","claim":"Stepstone Private Credit Fund LLC amended revolving credit of $650.0 million with Wells Fargo Bank, National Association at Daily Simple SOFR plus a margin of 2.15% maturing February 27, 2030.","evidence_excerpt":"Credit Facility”). The Company serves as collateral manager and equityholder under the Wells Fargo Loan and Security Agreement. The lenders have made aggregate commitments of $650.0 million under the Wells Fargo SPV III Credit Facility. In addition, the Wells Fargo SPV III Credit Facility includes an accordion feature providing the Borrower with the right to request","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1950803/000121390025018596/0001213900-25-018596-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$650.0 million"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Rate","value":"Daily Simple SOFR plus a margin of 2.15%"},{"label":"Maturity","value":"February 27, 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}