{"schema_version":"secwatch.filing_event.v1","accession":"0001803498-25-000086","form_type":"8-K","ticker":null,"cik":"0001803498","company_name":"Blackstone Private Credit Fund","filed_at":"2025-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.511273+00:00","generated_at":"2026-05-16T12:37:27.304243+00:00","sec_items":["3.02","7.01","8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Blackstone Private Credit Fund Reports December 2025 Distributions, NAV Update, and Unregistered Share Sale","bullets":["Sold 12,674,689 unregistered Class I shares for $315,219,519 as of Dec 1, 2025 (finalized Dec 18).","Declared distributions: $0.2000 per Class I share, $0.1824 Class S, $0.1948 Class D, payable Jan 28, 2026.","NAV per share $24.87 for all classes as of Nov 30, 2025; aggregate NAV $49.1B, portfolio $79.0B, debt $32.9B.","Leverage ratio of 0.67x with 90% floating rate and 10% fixed rate; committed debt capacity $38.4B.","Total shares issued in Offering and Private Offering reached $55.1B in consideration as of filing date."],"urls":{"canonical":"https://secwatch.observer/filing/0001803498-25-000086","json":"https://secwatch.observer/filing/0001803498-25-000086.json","markdown":"https://secwatch.observer/filing/0001803498-25-000086.md","text":"https://secwatch.observer/filing/0001803498-25-000086.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1803498/000180349825000086/0001803498-25-000086-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1803498/000180349825000086/bcred-20251218.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-16T12:37:27.304243+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":"701b0da2873fb64f8848272457c2909c6322b47b","claim":"Blackstone Private Credit Fund issued 12,674,689 of common stock to multiple investors for $315,219,519.","evidence_excerpt":"As of December 1, 2025, Blackstone Private Credit Fund (the “ Fund ”) sold unregistered Class I common shares of beneficial interest (with the final number of shares being determined on December 18, 2025). The offer and sale of these Class I shares was exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) and/or Regulation S thereunder (the “ Private Offering ”). The following table details the shares sold: Date of Unregistered Sale Amount of Class I Common Shares Consideration As of December 1, 2025 (number of shares finalized on December 18, 2025) 12,674,689 $ 315,219,519","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1803498/000180349825000086/0001803498-25-000086-index.htm","confidence":0.95,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"12,674,689"},{"label":"Purchaser","value":"multiple investors"},{"label":"Consideration","value":"$315,219,519"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}