T. Rowe Price OHA Fund Appoints Robert Bergdolt as Independent Trustee
| Field | Detail |
|---|---|
| Company | T. Rowe Price Oha Select Private Credit Fund |
| Form Type | 8-K |
| Filed Date | Dec 1, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $400,000,000, $500,000,000 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: board-change, governance, trustee-appointment
TL;DR
**T. Rowe Price OHA Fund just added a new independent trustee, Robert Bergdolt, boosting governance.**
AI Summary
T. Rowe Price OHA Select Private Credit Fund (the "Fund") filed an 8-K to announce the appointment of Mr. Robert E. Bergdolt as an independent trustee, effective June 18, 2024. Mr. Bergdolt will serve on the Audit Committee and the Nominating and Governance Committee. This appointment expands the board's independent oversight, which is generally viewed positively as it can enhance corporate governance and investor confidence.
Why It Matters
The addition of an independent trustee like Mr. Bergdolt can strengthen the Fund's governance and oversight, potentially leading to better decision-making and increased investor trust.
Risk Assessment
Risk Level: low — This filing reports a routine board appointment, which typically carries very low risk for investors.
Analyst Insight
Investors should view this as a standard governance update; no immediate action is required, but it's a positive signal for board oversight.
Key Players & Entities
- Robert E. Bergdolt (person) — appointed as an independent trustee
- T. Rowe Price OHA Select Private Credit Fund (company) — the entity making the filing
Forward-Looking Statements
- The Fund's corporate governance will be perceived as stronger due to the addition of an independent trustee. (T. Rowe Price OHA Select Private Credit Fund) — medium confidence, target: Q3 2024
FAQ
Who was appointed as an independent trustee to the T. Rowe Price OHA Select Private Credit Fund?
Mr. Robert E. Bergdolt was appointed as an independent trustee to the T. Rowe Price OHA Select Private Credit Fund.
When did Mr. Robert E. Bergdolt's appointment become effective?
Mr. Robert E. Bergdolt's appointment became effective on June 18, 2024.
Which committees will Mr. Bergdolt serve on?
Mr. Bergdolt will serve on the Audit Committee and the Nominating and Governance Committee.
What type of trustee is Mr. Bergdolt?
Mr. Bergdolt is an independent trustee.
What is the purpose of an 8-K filing like this?
An 8-K filing is used to announce material events that shareholders should know about, such as changes in the board of directors.
Filing Stats: 933 words · 4 min read · ~3 pages · Grade level 13.1 · Accepted 2025-12-01 16:35:42
Key Financial Figures
- $400,000,000 — reased the maximum facility amount from $400,000,000 to $500,000,000 (ii) reduced the applic
- $500,000,000 — um facility amount from $400,000,000 to $500,000,000 (ii) reduced the applicable margin for
Filing Documents
- ef20060169_8k.htm (8-K) — 29KB
- ef20060169_ex10-1.htm (EX-10.1) — 1210KB
- image0.jpg (GRAPHIC) — 95KB
- 0001140361-25-043798.txt ( ) — 1741KB
- none-20251125.xsd (EX-101.SCH) — 4KB
- none-20251125_lab.xml (EX-101.LAB) — 20KB
- none-20251125_pre.xml (EX-101.PRE) — 15KB
- ef20060169_8k_htm.xml (XML) — 4KB
01
Item 1.01. Entry into a Material Definitive Agreement. On November 25 2025, TRP OHA SPV Funding I, LLC (the "Borrower"), a wholly owned subsidiary of T. Rowe Price OHA Select Private Credit Fund (the "Company"), entered into the Third Amendment (the "Third Amendment") to the Amended and Restated Revolving Credit and Security Agreement, dated as of June 30, 2023, by and among BNP Paribas ("BNP"), as administrative agent, The Bank of New York Mellon Trust Company, National Association, as collateral agent, the Company, as equityholder, TRP OHA Servicer I, LLC, as servicer, the Borrower, as borrower, and the lenders party thereto. The Third Amendment, among other things, (i) increased the maximum facility amount from $400,000,000 to $500,000,000 (ii) reduced the applicable margin for advances to 1.85% per annum prior to the end of the reinvestment period and 2.35% per annum thereafter, and (iii) changed the unused commitment fee (A) during the period from and including the date that is the three month anniversary of the Closing Date to and excluding the date that is the six month anniversary of the Closing Date to 125 basis points (1.25%) if the unused amount is greater than 50% of the facility amount, 100 basis points (1.00%) if the unused amount is less than or equal to 50% of the facility amount and greater than 25% of the facility amount, and 0 basis points (0.00%) if the unused amount is less than or equal to 25% of the facility amount, (B) during the period from and including the six month anniversary of the Closing Date to but excluding the Third Amendment Date to the applicable margin if the unused amount is greater than or equal to 75% of the facility amount, 125 basis points (1.25%) if the unused amount is less than 75% of the facility amount and greater than 50% of the facility amount, 100 basis points (1.00%) if the unused amount is less than or equal to 50% of the facility amount and greater than 25% of the facility amount, and 0 basis points (0.00%) if
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 10.1 Third Amendment to Revolving Credit and Security Agreement, dated as of November 25, 2025, by and among TRP OHA SPV Funding I, LLC, as borrower, BNP Paribas as administrative agent, The Bank of New York Mellon Trust Company, National Association, as collateral agent, T. Rowe Price OHA Select Private Credit Fund, as equityholder, TRP OHA Servicer I, LLC, as servicer, and the lenders party thereto 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: December 1, 2025 By: /s/ Thomas Hansen Name: Thomas Hansen Title: Chief Financial Officer