secwatch.observer — SEC 8-K summary
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Issuer:     Blackstone Private Credit Fund (—)
CIK:        0001803498
Form:       8-K
Filed at:   2026-04-21T23:59:59+00:00
Accession:  0001803498-26-000021
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 3.02, 7.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

BCRED Q1 2026 NAV $24.19; non-accruals 2.4%; 9.4% annualized return
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- Unregistered sale of 4,280,725 Class I shares for $103.6M finalized April 20, 2026.
- April distributions: Class I $0.2000 net, Class S $0.1829, Class D $0.1950; payable May 28.
- Q1 NAV $24.19/share for all classes; aggregate NAV $45B; debt $35.3B; leverage 0.76x.
- Portfolio $80.5B fair value; 97% senior secured; non-accruals at cost 2.4%, at fair value 1.4% (Medallia & Affordable Care).
- Q1 total return flat; outperformed leveraged loans by 52bps; annualized return since inception 9.4% (Class I).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803498/000180349826000021/0001803498-26-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803498/000180349826000021/bcred-20260420.htm
  HTML page:      https://secwatch.observer/filing/0001803498-26-000021

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