PGIM Private Credit Fund Files 8-K Report
Ticker: PGIM · Form: 8-K · Filed: Jan 30, 2025 · CIK: 1923622
| Field | Detail |
|---|---|
| Company | Pgim Private Credit Fund (PGIM) |
| Form Type | 8-K |
| Filed Date | Jan 30, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $121.6 m, $209.2 m, $94.2 million, $2.5 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: regulatory-filing, 8-K
TL;DR
PGIM Private Credit Fund filed an 8-K on Jan 27, 2025, mostly routine disclosures.
AI Summary
On January 27, 2025, PGIM Private Credit Fund filed an 8-K report. The filing primarily concerns regulatory disclosures and other events, with no specific financial transactions or material changes detailed in the provided excerpt. The report was filed on January 30, 2025.
Why It Matters
This 8-K filing indicates ongoing regulatory compliance and reporting for PGIM Private Credit Fund, providing transparency to investors.
Risk Assessment
Risk Level: low — The filing is a standard 8-K report with no indication of significant financial events or risks.
Key Players & Entities
- PGIM Private Credit Fund (company) — Registrant
- January 27, 2025 (date) — Date of earliest event reported
- January 30, 2025 (date) — Filing date
- New Jersey (location) — State of incorporation
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant is PGIM Private Credit Fund.
In which state was PGIM Private Credit Fund incorporated?
PGIM Private Credit Fund was incorporated in Delaware.
What is the Commission File Number for PGIM Private Credit Fund?
The Commission File Number for PGIM Private Credit Fund is 814-01582.
What is the address of the principal executive offices of PGIM Private Credit Fund?
The address of the principal executive offices is 655 Broad Street, Newark, New Jersey, 07102-4410.
What is the registrant's telephone number, including area code?
The registrant's telephone number is (973) 802-5032.
Filing Stats: 780 words · 3 min read · ~3 pages · Grade level 9.3 · Accepted 2025-01-30 15:21:10
Key Financial Figures
- $121.6 m — 31, 2024, the Fund's aggregate NAV was $121.6 million, the fair value of its investment
- $209.2 m — r value of its investment portfolio was $209.2 million, and it had $94.2 million of debt
- $94.2 million — ortfolio was $209.2 million, and it had $94.2 million of debt outstanding (at principal). St
- $2.5 billion — ly offering on a continuous basis up to $2.5 billion in Shares (the " Offering "). Additiona
Filing Documents
- tm254959d1_8k.htm (8-K) — 41KB
- 0001104659-25-007547.txt ( ) — 206KB
- none-20250127.xsd (EX-101.SCH) — 3KB
- none-20250127_lab.xml (EX-101.LAB) — 33KB
- none-20250127_pre.xml (EX-101.PRE) — 22KB
- tm254959d1_8k_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. January 2025 Distributions On January 28, 2025, PGIM Private Credit Fund (the " Fund ") declared regular and variable distributions for Class S shares, Class D shares and Class I shares of beneficial interest (the " Shares ") in the amounts per share set forth below: Regular Distribution Variable Distribution Total Distribution Class S Common Shares $ 0.22177 $ 0.05261 $ 0.27438 Class D Common Shares $ 0.23485 $ 0.05238 $ 0.28723 Class I Common Shares $ 0.24000 $ 0.05226 $ 0.29226 Both the regular and variable distributions for the Shares are payable to shareholders of record as of the open of business on January 31, 2025 and will be paid on or about February 27, 2025. These distributions will be paid in cash or reinvested in shares of the Fund's Shares for shareholders participating in the Fund's distribution reinvestment plan (" DRIP ").
01. Other Events
Item 8.01. Other Events. Net Asset Value The net asset value (" NAV ") per share of each class of the Fund as of December 31, 2024, as determined in accordance with the Fund's valuation policy, is set forth below. NAV as of December 31, 2024 Class S Common Shares $ 25.40 Class D Common Shares $ 25.38 Class I Common Shares $ 24.93 As of December 31, 2024, the Fund's aggregate NAV was $121.6 million, the fair value of its investment portfolio was $209.2 million, and it had $94.2 million of debt outstanding (at principal). Status of Offering The Fund is currently publicly offering on a continuous basis up to $2.5 billion in Shares (the " Offering "). Additionally, the Fund has sold shares that are exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) thereunder (the " Private Offering "). The following table lists the Shares issued and total consideration for both the Offering and the Private Offering as of the date of this filing, reflective of transfers between share classes. The table below does not include Shares sold through the Fund's DRIP. The Fund intends to continue selling Shares in the Offering and the Private Offering on a monthly basis. Common Shares Issued Total Consideration Offering: Class S Common Shares — $ — Class D Common Shares — $ — Class I Common Shares 48,659 $ 1,202,550 Private Offering: Class S Common Shares 382 $ 10,000 Class D Common Shares 382 $ 10,000 Class I Common Shares 4,285,940 $ 109,102,500 Total Offering and Private Offering * 4,335,363 $ 110,325,050 * Amounts may not sum due to rounding. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PGIM PRIVATE CREDIT FUND Date: January 30, 2025 By: /s/ Elyse M. McLaughlin Name: Elyse M. McLaughlin Title: Treasurer and Pri