secwatch.observer — SEC 8-K summary
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Issuer:     North Haven Private Income Fund LLC (—)
CIK:        0001851322
Form:       8-K
Filed at:   2023-03-17T23:59:59+00:00
Accession:  0001851322-23-000021
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851322/000185132223000021/0001851322-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851322/000185132223000021/pif-20230316.htm
  HTML page:      https://secwatch.observer/filing/0001851322-23-000021

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