PGIM Private Credit Fund — fact timeline

PGIM Private Credit Fund incurred credit facility of $100 million with Deutsche Bank AG, New York Branch, as facility agent, and State Street Bank and Trust Company, as collateral agent and collateral custodian at an applicable margin plus a benchmark rate for the applicable currency (for Doll maturing three years after the Closing Date.

“Repo Rate Average; and for Australian‐dollar advances, Bank Bill Swap Rate), in each case subject to a 0.25% floor. The initial facility amount of the Credit Facility is $100 million, with an accordion feature that permits increases, with the consent of the facility agent and the lenders, up to an aggregate commitment of $500 million. The Credit Facility has”

PGIM Private Credit Fund entered into Credit Facility with Deutsche Bank AG, New York Branch, as facility agent, and State Street Bank and Trust Company, as collateral agent and collateral custodian, the Fund, as equityholder and servicer, the SPV, as borrower, and the lenders from time to time party thereto valued at $100 million (effective 2026-05-05).

“On May 5, 2026 (the "Closing Date"), PGIM Private Credit Fund ABL LLC (the "SPV"), a wholly owned subsidiary of PGIM Private Credit Fund (the "Fund"), entered into a loan financing and servicing agreement (the "Credit Facility") with Deutsche Bank AG, New York Branch, as facility agent, and State Street Bank and Trust Company, as collateral agent and collateral custodian, the Fund, as equityholder and servicer, the SPV, as borrower, and the lenders from time to time party thereto”

PGIM Private Credit Fund: Amendments to the Fund's Declaration of Trust clarifying appraisal, assignment, and shareholder direct action provisions (effective 2026-04-01).

“On March 26, 2026, the Board of Trustees (the members thereof, the "Trustees") of PGIM Private Credit Fund (the “Fund”) approved the Fifth Amended and Restated Agreement and Declaration of Trust of the Fund (the “Declaration of Trust”), effective as of April 1, 2026.”

PGIM Private Credit Fund issued 220 unregistered Class S and Class D common shares of unit to 110 separate accredited investors for $25,571 aggregate offering price; $25.35 per Class S and $25.29 per Class D common share; $1,000 per Note.

“As of December 1, 2025, PGIM Private Credit Fund (the “ Fund ”) issued and sold 220 of its unregistered Class S and Class D common shares of beneficial interest, $0.001 par value per share, for an aggregate offering price of approximately $25,571, reflecting a purchase price of $25.35 per Class S common share and $25.29 per Class D common share (with the final number of Class S and Class D common shares being determined on December 23, 2025).”

PGIM Private Credit Fund: Increased quorum requirements for Board and shareholder meetings and eliminated trustees' ability to retain position until next annual meeting if not elected in a contested election (effective 2025-06-27).

“The amendments included in the Bylaws, among other things, (i) increase the Board and shareholder meeting quorum requirements to a majority for Board meetings and to fifty percent for shareholder meetings, and (ii) eliminate the ability for trustees to retain their position until the next annual meeting of shareholders if the number of votes received in a contested election is not sufficient to elect a trustee.”

PGIM Private Credit Fund: Removed qualifying clauses from certain shareholder voting rights clauses in the Declaration of Trust (effective 2025-06-27).

“The amendments included in the Declaration of Trust, among other things, remove qualifying clauses from certain shareholder voting rights clauses.”

PGIM Private Credit Fund incurred revolving credit of $150 million with Sumitomo Mitsui Banking Corporation at Term SOFR plus a 10 basis point credit spread adjustment and an applicable margi maturing five years after the Closing Date.

“per annum or 1.25% per annum in respect of USD borrowings and comparable rates in respect of non-USD borrowings. The initial principal amount of the Revolving Credit Facility is $150 million. The Revolving Credit Facility has an accordion feature, subject to the satisfaction of various conditions, which could bring total commitments under the Revolving Credit”

PGIM Private Credit Fund entered into a credit facility with Sumitomo Mitsui Banking Corporation valued at $150 million (effective 2023-10-30).

“On October 30, 2023 (the "Closing Date"), PGIM Private Credit Fund (the "Fund"), entered into a senior secured revolving credit facility (the "Revolving Credit Facility") with Sumitomo Mitsui Banking Corporation ("SMBC").”