Principal Credit REIT issues 1.4M Class A shares at $21.17 for $30M; also sells 7,077 Class F-I shares for $143,800

Principal Credit Real Estate Income Trust

Issued 1,417,039.43 Class A shares to Anchor Investors (Principal Life and unaffiliated insurance company) at $21.1709/share for $30M aggregate.
Sale is part of previously disclosed Anchor Investment commitment of at least $150M; unregistered under Section 4(a)(2).
Also sold 7,077.19 Class F-I common shares for $143,800 in a private placement exempt under Rule 506 of Regulation D.
Both transactions occurred on July 1, 2025; total new equity raised approximately $30.14M.

item 3.02

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