PGIM Private Credit Fund filed a Form 8-K on November 13, 2026, disclosing that its wholly owned subsidiary entered into Amendment No. 2 to its Loan Financing and Servicing Agreement on November 12, 2026, increasing the facility amount from $200 million to $300 million.

Key Highlights

  • Facility increase: The credit facility was increased from $200 million to $300 million under Amendment No. 2.
  • Borrowing entity: PGIM Private Credit Fund ABL LLC, a wholly owned subsidiary of PGIM Private Credit Fund, is the borrower under the agreement.
  • Key counterparties: Deutsche Bank AG, New York Branch serves as facility agent; State Street Bank and Trust Company serves as collateral agent and collateral custodian.
  • Margin change: The Amendment also amended the applicable margin, according to the filing.
  • Original agreement date: The underlying Loan Financing and Servicing Agreement was originally dated May 5, 2026, and was previously amended by Amendment No. 1 on September 18, 2026.
  • Emerging growth company: The registrant indicated it qualifies as an emerging growth company under applicable SEC rules.

PGIM Private Credit Fund ABL LLC Expands Borrowing Capacity Under Amended Loan Agreement

According to the filing, PGIM Private Credit Fund ABL LLC, a wholly owned subsidiary of PGIM Private Credit Fund, entered into Amendment No. 2 to the Loan Financing and Servicing Agreement on November 12, 2026. The amendment modifies an agreement originally dated May 5, 2026, which had already been amended once by Amendment No. 1 dated September 18, 2026. The filing was submitted by PGIM Private Credit Fund, organized under Delaware law, with principal executive offices located at 655 Broad Street, Newark, New Jersey 07102-4410.

The filing disclosed that the Amendment made two principal changes: it increased the facility amount from $200 million to $300 million, and it amended the applicable margin. The filing noted that its description of the Amendment "is only a summary of the material provisions" and is qualified in its entirety by reference to the full text of Amendment No. 2, filed as Exhibit 10.1 to the Current Report. The Fund serves as both equityholder and servicer under the agreement, with Deutsche Bank AG, New York Branch acting as facility agent and committed lender, and State Street Bank and Trust Company as collateral agent and collateral custodian.

The filing was signed on November 13, 2026, by Elyse M. McLaughlin, Treasurer and Principal Accounting Officer of PGIM Private Credit Fund. The registrant noted no securities are registered pursuant to Section 12(b) of the Act, with the trading symbol listed as N/A. The filing covers both Item 1.01, Entry into a Material Definitive Agreement, and Item 2.03, Creation of a Direct Financial Obligation, with the Item 2.03 disclosure incorporated by reference from Item 1.01.

What Was Disclosed

PGIM Private Credit Fund disclosed that its subsidiary amended a credit facility on November 12, 2026, raising the borrowing limit from $200 million to $300 million and amending the applicable margin, with Deutsche Bank AG, New York Branch as facility agent.