{"schema_version":"secwatch.filing_event.v1","accession":"0001851322-23-000074","form_type":"8-K","ticker":null,"cik":"0001851322","company_name":"North Haven Private Income Fund LLC","filed_at":"2023-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.767831+00:00","generated_at":"2026-06-11T15:27:08.276001+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"North Haven Private Income Fund issues $235M in senior notes; Tranche A due 2026, Tranche B due 2028","bullets":["Issued $107M of 8.84% Series B Senior Notes (Tranche A) due Aug 10, 2026 and $128M of 8.88% Series B Notes (Tranche B) due Aug 10, 2028.","Notes sold to qualified institutional investors in a private placement; net proceeds for general corporate purposes including investments and repaying debt.","Interest payable semiannually in March and September, starting March 2024; optional redemption at par plus accrued interest and make-whole premium if redeemed before May 10, 2026/2028.","Financial covenants require minimum shareholders' equity and asset coverage ratio at or above the statutory minimum under the Investment Company Act of 1940.","Change-in-control triggers offer to repurchase at par; interest steps up by 1.00% (Below Investment Grade) or 1.50% (Secured Debt Ratio >0.60:1.00)."],"urls":{"canonical":"https://secwatch.observer/filing/0001851322-23-000074","json":"https://secwatch.observer/filing/0001851322-23-000074.json","markdown":"https://secwatch.observer/filing/0001851322-23-000074.md","text":"https://secwatch.observer/filing/0001851322-23-000074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1851322/000185132223000074/0001851322-23-000074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1851322/000185132223000074/pif-20230810.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T15:27:08.276001+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":"9472d6845902cede02fea700c70a462b8beb3d68","claim":"North Haven Private Income Fund LLC incurred senior notes of $128.0 million in aggregate principal amount of Series B Senior Notes, Tranche B, due August 10, 2028 with certain qualified institutional investors at 8.88% per year maturing August 10, 2028.","evidence_excerpt":"the issuance of $128.0 million in aggregate principal amount of Series B Senior Notes, Tranche B, due August 10, 2028 (the “Tranche B Notes” and, together with the Tranche A Notes, collectively, the “Series B Notes”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1851322/000185132223000074/0001851322-23-000074-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$128.0 million in aggregate principal amount of Series B Senior Notes, Tranche B, due August 10, 2028"},{"label":"Counterparty","value":"certain qualified institutional investors"},{"label":"Rate","value":"8.88% per year"},{"label":"Maturity","value":"August 10, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"c0edc7890be27fc4ad50c63c21591beadaf5f7f9","claim":"North Haven Private Income Fund LLC incurred senior notes of $107.0 million in aggregate principal amount of Series B Senior Notes, Tranche A, due August 10, 2026 with certain qualified institutional investors at 8.84% per year maturing August 10, 2026.","evidence_excerpt":"On August 10, 2023, North Haven Private Income Fund LLC (the “Company”) entered into a Master Note Purchase Agreement (the “August 2023 NPA”) governing the issuance of $107.0 million in aggregate principal amount of Series B Senior Notes, Tranche A, due August 10, 2026 (the “Tranche A Notes”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1851322/000185132223000074/0001851322-23-000074-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$107.0 million in aggregate principal amount of Series B Senior Notes, Tranche A, due August 10, 2026"},{"label":"Counterparty","value":"certain qualified institutional investors"},{"label":"Rate","value":"8.84% per year"},{"label":"Maturity","value":"August 10, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"e8a07799eec572fe4a9d61e14287abc88c1240c7","claim":"North Haven Private Income Fund LLC entered into Master Note Purchase Agreement with certain qualified institutional investors valued at $107.0 million in aggregate principal amount of Series B Senior Notes, Tranche A, due August 10, 202 (effective 2023-08-10).","evidence_excerpt":"On August 10, 2023, North Haven Private Income Fund LLC (the “Company”) entered into a Master Note Purchase Agreement (the “August 2023 NPA”) governing the issuance of $107.0 million in aggregate principal amount of Series B Senior Notes, Tranche A, due August 10, 2026 (the “Tranche A Notes”) and the issuance of $128.0 million in aggregate principal amount of Series B Senior Notes, Tranche B, due August 10, 2028","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1851322/000185132223000074/0001851322-23-000074-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"certain qualified institutional investors"},{"label":"Value","value":"$107.0 million in aggregate principal amount of Series B Senior Notes, Tranche A, due August 10, 202"},{"label":"Effective","value":"2023-08-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}