---
schema_version: "secwatch.filing_event.v1"
accession: "0002082559-26-000042"
form_type: "8-K"
ticker: null
cik: "0002082559"
company_name: "Golub Capital Private Income Fund I"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T02:25:45.162628+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Golub Capital Private Income Fund I NAV falls to $24.14; notes unrealized losses from credit spread widening

## Summary
- NAV per share declined from $25.00 (Dec 31, 2025) to $24.14 as of Mar 31, 2026 due to spread widening.
- Portfolio fair value $403M in 135 companies; 99% first lien senior secured, 100% floating rate.
- Debt-to-equity leverage 1.14x; aggregate NAV ~$198M, debt outstanding ~$223M.
- Unregistered sale of 119,439 common shares at $24.14/share for total $2.88M on April 1, 2026.
- April regular distribution declared at $0.1667/share, payable May 28, 2026 to record Apr 30.

## SEC filing metadata
- accession: 0002082559-26-000042
- form_type: 8-K
- cik: 0002082559
- company_name: Golub Capital Private Income Fund I
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2082559/000208255926000042/0002082559-26-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2082559/000208255926000042/gpifi-20260427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002082559-26-000042
- JSON: https://secwatch.observer/filing/0002082559-26-000042.json
- Plain text: https://secwatch.observer/filing/0002082559-26-000042.txt

## Key facts
- Equity Issuances
  Golub Capital Private Income Fund I issued 119,439 of common stock for $2,883,250.
  - Security: common stock
  - Shares: 119,439
  - Consideration: $2,883,250
  source text: of Common Shares sold and consideration therefore: Date of Unregistered Sale Amount of Common Shares NAV per Common Share Consideration (1) As of April 1, 2026 119,439 $ 24.14 $ 2,883,250 (1) No underwriting discounts or commissions have been or will be paid in connection with the sale of such Common Shares. Investors are not charged any sales load or commission in
  evidence_url: https://www.sec.gov/Archives/edgar/data/2082559/000208255926000042/0002082559-26-000042-index.htm

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