Material Agreement, Financial Obligation (Form 8-K)

On October 21, 2025, ABPCI Direct Lending Fund CLO XIII Ltd (the "Issuer"), ABPCI Direct Lending Fund CLO XIII LLC (the "Co-Issuer"), ABPCI Direct Lending Fund CLO XIII First Static Subsidiary Ltd (the "First Static Subsidiary") and ABPCI Direct Lending Fund CLO XIII Second Static Subsidiary Ltd (the "Second Static Subsidiary" and together with the Issuer, the Co-Issuerand the First Static Subsidiary, the "Issuer Entities"), each a special purpose vehicle, executed that certain first supplemental indenture by and among the Issuer Entities and U.S. Bank Trust Company, National Association (the "Supplemental Indenture"). The Supplemental Indenture amends that certain indenture entered into by the Issuer Entities and U.S. Bank Trust Company, National Association, on May 3, 2023, pursuant to which the Issuer Entities issued notes (the "Notes"). The Secured Notes (defined below) secured by a diversified portfolio of the Issuer Entities consisting primarily of middle market loans and participation interests in middle market loans and may also include some broadly syndicated loans. The Notes were privately placed on May 3, 2023 and consist of: i) $228,000,000 of Class A Senior Secured Floating Rate Notes (the "Class A Notes"); (ii) $36,000,000 of Class B Senior Secured Floating Rate Notes (the "Class B Notes"); (iii) $36,000,000 of Class C Secured Deferrable Floating Rate Notes (the "Class C Notes"); (iv) $28,000,000 of Class D Secured Deferrable Floating Rate Notes (the "Class D Notes" and, together with the Class A Notes, the Class B Notes and the Class C Notes, the "Secured Notes"); and (v) $67,000,000 of unsecured subordinated notes.

The Supplemental Indenture: i) extended the period during which the Notes may not be optionally redeemed from the period ending October 27, 2025 to the period ending October 27, 2027; ii) extended the period during which the Issuer Entities can reinvest in underlying loans from the period ending April 27, 2027 to the period ending October 27, 2029; and iii) extended the stated maturity of the Notes from April 27, 2035 to October 27, 2037, in each case effective as of October 21, 2025.

The Secured Notes bear interest at the Reference Rate (as defined in the Indenture) plus a spread. The Supplemental Indenture also reduced the spread on the Secured Notes, effective as of October 27, 2025, as follows: i) the spread on the Class A Notes was reduced from 2.60% to 1.45%; ii) the spread on the Class B Notes was reduced from 3.65% to 1.80%; iii) the spread on the Class C Notes was reduced from 4.55% to 2.20%; and iv) the spread on the Class D Notes was reduced from 6.90% to 3.25%.

AB Private Credit Investors LLC (the "Adviser") serves as collateral manager to the Issuer, the First Static Subsidiary and the Second Static Subsidiary pursuant to a collateral management agreement among the Adviser and the Issuer, the First Static Subsidiary and the Second Static Subsidiary (the "Collateral Management Agreement"). For so long as the Adviser serves as collateral manager to the Issuer, the First Static Subsidiary and the Second Static Subsidiary, the Adviser will elect to receive $0 as any base management fee or subordinated interest to which it may be entitled under the Collateral Management Agreement.

The descriptions of the Supplemental Indenture and related documentation are only summaries of the material provisions of such documents and are qualified in their entirety by reference to the underlying agreements, including Exhibit 10.1 attached to this Current Report on Form 8-K.

The information set forth under Item 1.01 above is incorporated by reference into this Item 2.03.