---
schema_version: "secwatch.filing_event.v1"
accession: "0001851322-23-000021"
form_type: "8-K"
ticker: null
cik: "0001851322"
company_name: "North Haven Private Income Fund LLC"
filed_at: "2023-03-17T23:59:59+00:00"
generated_at: "2026-06-17T23:50:19.317880+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# North Haven Private Income Fund issues $350M in senior notes (8.10% and 8.13%) due 2026/2028

## Summary
- $204M Tranche A notes at 8.10% due March 2026; $146M Tranche B at 8.13% due March 2028.
- Notes are senior unsecured, pari passu with existing unsecured debt.
- Proceeds for general corporate purposes including investments, debt repayment, distributions.
- Interest rate steps up if below-investment-grade rating or secured debt ratio >0.60:1.00.
- Contains financial covenants: minimum shareholders' equity and minimum asset coverage ratio per 1940 Act.

## SEC filing metadata
- accession: 0001851322-23-000021
- form_type: 8-K
- cik: 0001851322
- company_name: North Haven Private Income Fund LLC
- filed_at: 2023-03-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1851322/000185132223000021/0001851322-23-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1851322/000185132223000021/pif-20230316.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001851322-23-000021
- JSON: https://secwatch.observer/filing/0001851322-23-000021.json
- Plain text: https://secwatch.observer/filing/0001851322-23-000021.txt

## Key facts
- Debt Financings
  North Haven Private Income Fund LLC incurred senior notes of $146.0 million in aggregate principal amount of Series A Senior Notes, Tranche B at 8.13% per year maturing March 16, 2028.
  - Instrument: senior notes
  - Principal: $146.0 million in aggregate principal amount of Series A Senior Notes, Tranche B
  - Rate: 8.13% per year
  - Maturity: March 16, 2028
  - Event: incurrence
  source text: the issuance of $146.0 million in aggregate principal amount of Series A Senior Notes, Tranche B, due March 16, 2028
  evidence_url: https://www.sec.gov/Archives/edgar/data/1851322/000185132223000021/0001851322-23-000021-index.htm
- Debt Financings
  North Haven Private Income Fund LLC incurred senior notes of $204.0 million in aggregate principal amount of Series A Senior Notes, Tranche A at 8.10% per year maturing March 16, 2026.
  - Instrument: senior notes
  - Principal: $204.0 million in aggregate principal amount of Series A Senior Notes, Tranche A
  - Rate: 8.10% per year
  - Maturity: March 16, 2026
  - Event: incurrence
  source text: On March 16, 2023, North Haven Private Income Fund LLC (the “Company”) entered into a Master Note Purchase Agreement (the “March 2023 NPA”) governing the issuance of $204.0 million in aggregate principal amount of Series A Senior Notes, Tranche A, due March 16, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1851322/000185132223000021/0001851322-23-000021-index.htm
- Material Agreements
  North Haven Private Income Fund LLC entered into Master Note Purchase Agreement with certain qualified institutional investors valued at $204.0 million in aggregate principal amount of Series A Senior Notes, Tranche A, due March 16, 2026 (effective 2023-03-16).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: certain qualified institutional investors
  - Value: $204.0 million in aggregate principal amount of Series A Senior Notes, Tranche A, due March 16, 2026
  - Effective: 2023-03-16
  source text: On March 16, 2023, North Haven Private Income Fund LLC (the “Company”) entered into a Master Note Purchase Agreement (the “March 2023 NPA”) governing the issuance of $204.0 million in aggregate principal amount of Series A Senior Notes, Tranche A, due March 16, 2026 (the “Tranche A Notes”) and the issuance of $146.0 million in aggregate principal amount of Series A Senior Notes, Tranche B, due March 16, 2028 (the “Tranche B Notes” and, together with the Tranche A Notes, collectively, the “Series A Notes”) to certain qualified institutional investors in a private placement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1851322/000185132223000021/0001851322-23-000021-index.htm

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