T. Rowe Price OHA Private Credit Fund

03/27/2026 | Press release | Distributed by Public on 03/27/2026 15:06

Regulation FD Disclosure (Form 8-K)

Item 7.01.
Regulation FD Disclosure.

March 2026 Distributions

On March 23, 2026, T. Rowe Price OHA Select Private Credit Fund (the "Company") declared regular and variable supplemental distributions per share for each class of its common shares of beneficial interest (the "Shares") outstanding in the amounts per share set forth below:

Gross
Distribution
- Regular
Shareholder
Servicing
and/or
Distribution
Fee
Net
Distribution
- Regular
Variable
Supplemental
Distribution
Net
Distribution
- Total
Class I Common Shares
$
0.2000

-

$
0.2000

$
0.0300

$
0.2300

Class S Common Shares
$
0.2000

$
0.0186

$
0.1814

$
0.0300

$
0.2114

Class D Common Shares
$
0.2000

$
0.0055

$
0.1945

$
0.0300

$
0.2245


The regular and variable supplemental distributions for each class of Shares outstanding are payable on or about April 30, 2026 to Class I, Class S and Class D common shareholders of record as of March 31, 2026. The Company has adopted a distribution reinvestment plan that provides for the reinvestment of cash distributions. These distributions will be paid in cash or reinvested in Class I, Class S and Class D Shares of the Company for shareholders participating in the Company's distribution reinvestment plan.

Item 8.01.
Other Events.

Net Asset Value

The net asset value ("NAV") per share for each class of Shares of the Company as of February 28, 2026, as determined in accordance with the Company's valuation policy, is $26.33.

As of February 28, 2026, the Company's aggregate NAV was $1,622.4 million, the fair value of its investment portfolio was $3,008.6 million, and it had principal debt outstanding of $1,413.6 million, resulting in a debt-to-equity ratio of approximately 0.87 times.

Status of Offering

The Company is currently publicly offering on a continuous basis up to $2.5 billion in Shares (the "Offering"). The following table lists the approximate Shares issued and total consideration for the Offering and in connection with private placements of Shares as of the date of this filing (through the March 2, 2026 subscription date). The Company intends to continue selling Shares in the Offering on a monthly basis. The table below does not include Shares sold through the Company's distribution reinvestment plan.

Common Shares Issued
Total
Consideration
(in $ millions)
Class I Shares
49,452,883

$
1,351.7

Class S Shares
4,729,552

$
129.4

Class D Shares
6,959,516

$
187.4


Credit Ratings

On February 27, 2026, Fitch, Inc. ("Fitch") published a long-term issuer default rating of 'BBB-' to the Company with a rating outlook of stable.1, 2 Fitch cited the Company's affiliations with Oak Hill Advisors, L.P. and T. Rowe Price Group, Inc., its focus on senior debt investments, its appropriate leverage, and its experienced management as factors that contributed to the rating.
On March 13, 2026, Investor Services, Inc. ("Moody's") assigned a long-term issuer rating of 'Baa3' to the Company with a rating outlook of stable.1, 3
1 Credit ratings are statements of opinion, are not statements of fact, and may be subject to revision or withdrawal at any time. Credit ratings are not investment advice and do not constitute recommendations to purchase, hold, or sell securities. The underlying private credit loans within the Company are not rated. The Company has provided compensation directly to Fitch and Moody's for assessment of its credit rating.

2 The Company's rating from Fitch was provided on February 27, 2026. Fitch provides issuer default ratings from a range of AAA (highest) to D (lowest). A BBB- rating is considered good credit quality, and reflects Fitch's opinion that an issuer has low expectations of default risk. Please refer to https://www.fitchratings.com/products/rating-definitionsfor more information.
3 The Company's rating from Moody's was provided on March 13, 2026. Moody's provides issuer default ratings from a range of Aaa (highest) to C (lowest). A Baa3 rating is considered medium-grade, and reflects Moody's judgement that an issuer is subject to moderate credit risk with an acceptable ability to repay short-term obligations. Please refer to https://ratings.moodys.com/rating-definitionsfor more information.

T. Rowe Price OHA Private Credit Fund published this content on March 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 27, 2026 at 21:06 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]