---
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"
generated_at: "2026-05-26T00:08:23.397657+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# StepStone Private Credit Fund upsizes Wells Fargo credit facility to $650M, sells $77.4M in shares

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-018596
- form_type: 8-K
- cik: 0001950803
- company_name: Stepstone Private Credit Fund LLC
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-018596
- JSON: https://secwatch.observer/filing/0001213900-25-018596.json
- Plain text: https://secwatch.observer/filing/0001213900-25-018596.txt

## Key facts
- Debt Financings
  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.
  - Instrument: revolving credit
  - Principal: $650.0 million
  - Counterparty: Wells Fargo Bank, National Association
  - Rate: Daily Simple SOFR plus a margin of 2.15%
  - Maturity: February 27, 2030
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1950803/000121390025018596/0001213900-25-018596-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.