UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Securities Exchange Act of 1934
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| Item 1.01. | Entry into a Material Definitive Agreement. |
On November 4, 2024, BNP Paribas and Morgan Stanley Bank, N.A. (each an “Assuming Lender”), entered into a joinder agreement (“Joinder Agreement”) in favor of BlackRock Private Credit Fund (the “Company”) and Sumitomo Mitsui Banking Corporation (“SMBC”), as administrative agent (in such capacity, the “Administrative Agent”), pursuant to which each Assuming Lender agreed to become a lender under the Senior Secured Revolving Credit Agreement (the “SMBC Facility”). Following the effectiveness of the Joinder Agreement, the aggregate amount of outstanding total revolving commitments under the SMBC Facility is $150,000,000. The other material terms of the SMBC Facility remain unchanged. Borrowings under the SMBC Facility are subject to various covenants under the related agreements as well as the leverage restrictions contained in the Investment Company Act of 1940, as amended.
The description above is only a summary of the material provisions of the Joinder Agreement and is qualified in its entirety by reference to the Joinder Agreement, a copy of which is filed as Exhibit 10.1, to this current report on Form 8-K and by this reference incorporated herein.
| Item 2.03. | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
The information required by Item 2.03 contained in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits |
(1) Schedules to Exhibit 10.1 have been omitted in accordance with Item 601 of Regulation S-K. The registrant agrees to furnish supplementally a copy of all omitted exhibits and schedules to the SEC upon its request.
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.
| BlackRock Private Credit Fund | ||
| Date: November 8, 2024 | By: | /s/ Erik Cuellar |
| Name: | Erik Cuellar | |
| Title: | Chief Financial Officer | |