T. Rowe Price Private Credit Fund Enters Material Agreement
| Field | Detail |
|---|---|
| Company | T. Rowe Price Oha Select Private Credit Fund |
| Form Type | 8-K |
| Filed Date | Aug 26, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $955,000,000, $1,030,000,000, $1,432,500,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, private-credit
TL;DR
TRP Private Credit Fund just signed a big deal, creating new financial obligations. Details in the 8-K.
AI Summary
On August 20, 2025, T. Rowe Price OHA Select Private Credit Fund entered into a material definitive agreement. This agreement involves the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The filing also includes financial statements and exhibits related to this event.
Why It Matters
This filing indicates a significant new financial commitment or arrangement for the T. Rowe Price OHA Select Private Credit Fund, which could impact its future 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 fund's ability to meet those obligations.
Key Players & Entities
- T. Rowe Price OHA Select Private Credit Fund (company) — Registrant
- August 20, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 1 Vanderbilt Avenue, 16th Floor New York, NY (address) — Business address
FAQ
What type of material definitive agreement was entered into by T. Rowe Price OHA Select Private Credit Fund?
The filing states that the agreement involves the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant.
On what date was the earliest event reported in this 8-K filing?
The earliest event reported was on August 20, 2025.
What is the state of incorporation for T. Rowe Price OHA Select Private Credit Fund?
The fund is incorporated in Delaware.
What is the business address of T. Rowe Price OHA Select Private Credit Fund?
The business address is 1 Vanderbilt Avenue, 16th Floor, New York, NY.
What other information is included with this 8-K filing besides the material agreement?
The filing also includes financial statements and exhibits.
Filing Stats: 667 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2025-08-26 16:16:52
Key Financial Figures
- $955,000,000 — y governed by the Credit Agreement from $955,000,000 to $1,030,000,000. Pursuant to the acco
- $1,030,000,000 — e Credit Agreement from $955,000,000 to $1,030,000,000. Pursuant to the accordion feature in t
- $1,432,500,000 — ereunder may be further increased up to $1,432,500,000. The description above is only a summa
Filing Documents
- ef20054415_8k.htm (8-K) — 28KB
- ef20054415_ex10-1.htm (EX-10.1) — 28KB
- 0001140361-25-032724.txt ( ) — 181KB
- none-20250820.xsd (EX-101.SCH) — 4KB
- none-20250820_lab.xml (EX-101.LAB) — 20KB
- none-20250820_pre.xml (EX-101.PRE) — 15KB
- ef20054415_8k_htm.xml (XML) — 4KB
01
Item 1.01. Entry into a Material Definitive Agreement. On August 20, 2025, T. Rowe Price OHA Select Private Credit Fund (the "Company") entered into the Commitment Increase Agreement (the "Commitment Increase Agreement") among the Company, JPMorgan Chase Bank, N.A. ("JPM"), as administrative agent, and U.S. Bank National Association, as an increasing lender, pursuant to Section 2.08(e) of the Amended and Restated Senior Secured Revolving Credit Agreement, dated as of May 2, 2025 (as amended, restated, supplemented and/or otherwise modified from time to time, the "Credit Agreement"), among the Company, as borrower, the lenders party thereto, and JPM, as administrative agent for the lenders. Capitalized terms used but not otherwise defined herein have the meanings ascribed to such terms in the Credit Agreement. The Commitment Increase Agreement provides for, among other things, an increase in the total aggregate commitments from lenders under the revolving credit facility governed by the Credit Agreement from $955,000,000 to $1,030,000,000. Pursuant to the accordion feature in the Credit Agreement, the aggregate amount of all Commitments thereunder may be further increased up to $1,432,500,000. The description above is only a summary of the material provisions of the Commitment Increase Agreement and is qualified in its entirety by reference to a copy of the Commitment Increase Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.
03
Item 2.03. Creation of Direct Financial Obligation. The information included under Item 1.01 above regarding the Commitment Increase Agreement is incorporated by reference into this Item 2.03.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 10.1 Commitment Increase Agreement, dated as of August 20, 2025, by and among T. Rowe Price OHA Select Private Credit Fund, as Borrower, the lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. 104 Cover page interactive data file (formatted as Inline XBRL)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, T. Rowe Price OHA Select Private Credit Fund has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. T. Rowe Price OHA Select Private Credit Fund Date: August 26, 2025 By: /s/ Thomas Hansen Name: Thomas Hansen Title: Chief Financial Officer