secwatch.observer — SEC 8-K summary
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Issuer:     Stepstone Private Credit Fund LLC (—)
CIK:        0001950803
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0001213900-25-018596
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1950803/000121390025018596/0001213900-25-018596-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1950803/000121390025018596/ea0232517-8k_stepstone.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-018596

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer