Fidelity Private Credit Enters Material Agreement
| Field | Detail |
|---|---|
| Company | Fidelity Private Credit Co LLC |
| Form Type | 8-K |
| Filed Date | Aug 12, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1,500,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
Fidelity Private Credit just signed a big deal, creating new financial obligations.
AI Summary
On August 6, 2025, Fidelity Private Credit Company LLC entered into a material definitive agreement. This agreement also created a direct financial obligation for the registrant. The filing includes financial statements and exhibits related to this event.
Why It Matters
This filing indicates a significant new financial commitment or contract for Fidelity Private Credit Company LLC, which could impact its financial obligations and operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to the terms of the agreement and the company's ability to meet them.
Key Players & Entities
- Fidelity Private Credit Company LLC (company) — Registrant
- August 6, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 245 Summer Street Boston, Massachusetts 02210 (address) — Address of Principal Executive Offices
- 617-563-7000 (phone_number) — Registrant's Telephone Number
FAQ
What type of material definitive agreement did Fidelity Private Credit Company LLC enter into?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on August 6, 2025.
What is the nature of the direct financial obligation created by this agreement?
The filing states that a direct financial obligation was created but does not provide specific details about its terms or amount.
When was this material definitive agreement reported?
The earliest event reported in this 8-K filing occurred on August 6, 2025.
Where is Fidelity Private Credit Company LLC's principal executive office located?
Fidelity Private Credit Company LLC's principal executive office is located at 245 Summer Street, Boston, Massachusetts 02210.
What is the SEC file number for Fidelity Private Credit Company LLC?
The SEC file number for Fidelity Private Credit Company LLC is 814-01645.
Filing Stats: 667 words · 3 min read · ~2 pages · Grade level 14.1 · Accepted 2025-08-12 10:28:57
Key Financial Figures
- $1,500,000,000 — itted under the accordion thereunder to $1,500,000,000. The description above is only a summ
Filing Documents
- ck0001899996-20250806.htm (8-K) — 59KB
- ck0001899996-ex10_1.htm (EX-10.1) — 1366KB
- img182983773_0.jpg (GRAPHIC) — 6KB
- 0000950170-25-106999.txt ( ) — 1714KB
- ck0001899996-20250806.xsd (EX-101.SCH) — 28KB
- ck0001899996-20250806_htm.xml (XML) — 4KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement On August 6, 2025, Fidelity Direct Lending Fund I JSPV LLC ("JSPV"), a wholly-owned subsidiary of Fidelity Private Credit Company LLC (f/k/a Fidelity Private Credit Central Fund LLC, the "Fund"), as borrower, and the Fund, as portfolio manager, entered into a Fourth Amendment to Loan and Security Agreement (the "Amendment"), amending the Loan and Security Agreement, dated as of August 25, 2022 (as amended from time to time prior to the date hereof, including by the Amendment, the "Agreement"), among JSPV, as borrower, the Fund, as portfolio manager, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, Virtus Group, LP, as collateral administrator, and State Street Bank and Trust Company, as collateral agent. The Amendment provides for, among other things, an increase in the maximum facility amount permitted under the accordion thereunder to $1,500,000,000. The description above is only a summary of material provisions of the Amendment and is qualified in its entirety by reference to a copy of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.
03 Creation of a Direct Financial Obligation
Item 2.03 Creation of a Direct Financial Obligation The information included under Item 1.01 above regarding the Agreement is incorporated by reference into this Item 2.03.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 10.1 (1) Fourth Amendment to Loan and Security Agreement, dated as of August 6, 2025, by and among Fidelity Direct Lending Fund I JSPV LLC, as borrower, Fidelity Private Credit Company LLC (f/k/a Fidelity Private Credit Central Fund LLC), as portfolio manager, JPMorgan Chase Bank, N.A., as administrative agent, Virtus Group, LP, as collateral administrator, State Street Bank and Trust Company, as collateral agent, and the lenders party thereto. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) (1) Certain schedules and exhibits to this Exhibit have been omitted in accordance with Item 601 of Regulation S-K.
SIGNATURES
SIGNATURES 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. Fidelity Private Credit Company LLC Date: August 12, 2025 By: /s/ Heather Bonner Name: Heather Bonner Title: President and Treasurer