Item 3.02. Unregistered Sales of Equity Securities. As of April 1, 2026, Lord Abbett Private Credit Fund (“we”, the “Company” or the “Fund”) issued and sold approximately 1,752,181 of the Company’s common shares of beneficial interest (the “Common Shares”) for an aggregate offering price of approximately $43.4 million, reflecting a purchase price of $24.79 per Common Share (with the final number of Common Shares being determined on April 17, 2026). The offer and sale of Common Shares was made pursuant to subscription agreements entered into by the Company and its shareholders. The issuance of the Common Shares is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), provided by Section 4(a)(2) of the Securities Act and/or Regulation D promulgated thereunder. The Company relied, in part, upon representations from the shareholders in the subscription agreements that each shareholder was an accredited investor as defined in Regulation D under the Securities Act.
N/A Lord Abbett Private Credit Fund - 8-K
Accession
0000930413-26-0011903.027.018.01
Item 3.02 - Unregistered Sales of Equity Securities
157 words
Item 7.01 - Regulation FD Disclosure
603 words
Item 7.01. Regulation FD Disclosure. Company’s Portfolio: As of March 31, 2026, the Company had made loans to 51 portfolio companies, held an equity position in one portfolio company, and held one investment in a joint venture, with an aggregate loan commitment amount of approximately $1,767 million and par value of approximately $1,328 million. The portfolio consists of 95% senior secured debt investments and 5% investment in a joint venture, based on par value or in the case of investments in a joint venture, cost. As of March 31, 2026, 100% of the debt investments, based on par value, in the Company’s portfolio were at floating rates. As of March 31, 2026, 99% of the Company’s total loan commitments were in private senior secured loans. The following table presents information concerning portfolio companies to which the Company has made loans. Portfolio Company Metrics (1) : Median 12-month EBITDA: $84 million (2) Weighted average net leverage: 4.9x (2)(3) Weighted average loan to value: 43% (2)(4) Weighted average interest coverage: 2.3x (2)(5) Weighted average yield on debt investments, at cost: 9.4% (6) (1) Amounts were derived from the most recently available financial statements provided by portfolio companies which have not been independently verified by us and may reflect a normalized or adjusted amount. Such amounts have not been independently estimated by us, and accordingly, we take no responsibility for such numbers and make no representation or warranty in respect of this information. (2) Metrics exclude one liquid loan. Metrics also exclude one recurring revenue investment, which are investments in portfolio companies in which the Company lends based on a multiple of recurring revenue generated by the portfolio company and not based on a multiple of EBITDA. Weighted average metrics are calculated as a percentage of funded par value of debt investments. (3) Net leverage is the ratio of total senior debt minus cash divided by EBITDA and taking into account leverage through the tranche to which the Company is a lender. (4) Calculated using total senior debt minus cash divided by total enterprise value estimated by the private equity sponsor or market comparables and taking into account leverage through the tranche to which the Company is a lender. (5) Interest coverage for a particular portfolio company is calculated by taking EBITDA and dividing by annualized latest reported interest expense. (6) Computed as (a) the annual stated spread, plus reference rate, as applicable, plus the annual accretion of discounts, plus the annual unused fees, as applicable on debt securities divided by (b) total debt investments at cost included in such securities. Actual yields earned over the life of each investment could differ materially from the yields presented herein. The table below shows the Company’s loan investment activity during the period March 1, 2026, through March 31, 2026. Amounts shown for commitment amount and par value are as of March 31, 2026: Issuer Commitment Amount ($ in millions) Par Amount ($ in millions) AMP Purchaser LLC $24.2 $21.5 Databricks Inc $10.8 $2.2 LR Purchaser LLC $26.7 $21.8 NDT Global Holding Inc $17.6 $0.0 Total $79.3 $45.5 The table below describes investments by industry composition based on par value or, in the case of equity investments, cost as of March 31, 2026: Industry Par or Cost ($ in millions) % of Total Health Care Providers & Services $134.5 10.1% Electrical Equipment 131.9 9.9 Air Freight & Logistics 122.2 9.2 Commercial Services & Supplies 118.5 8.9 Software 107.2 8.1 Aerospace & Defense 99.3 7.5 IT Services 96.1 7.2 Professional Services 91.1 6.9 Machinery 90.4 6.8 Real Estate Management & Development 64.8 4.9 Others 271.7 20.5 Total $1,327.7 100.0 %
Item 8.01 - Other Events
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Item 8.01. Other Events. Distribution: On April 20, 2026, the Company declared a distribution of approximately $0.22 per share to shareholders of record as of April 30, 2026 to be paid on or about May 29, 2026. Net Asset Value As of March 31, 2026, the Company’s aggregate net asset value (“NAV”) was approximately $672 million. The NAV per share of Common Shares as of March 31, 2026, as determined in accordance with the Company’s valuation policy, was $24.79 per Common Share. Final results related to all of the above information and other information may differ materially as a result of the completion of the Company’s financial closing procedures, which will occur between the date hereof and the completion of the financial statements and the filing of the Company’s quarterly report on Form 10-Q for the quarter ending March 31, 2026.