12/12/2025 | Press release | Distributed by Public on 12/12/2025 15:37
Item 1.01. Entry into a Material Definitive Agreement.
On December 8, 2025, PCIF Defender Funding LLC ("PCIF Defender"), a direct wholly-owned subsidiary of AGL Private Credit Income Fund (the "Company"), entered into that certain Amendment No. 1 to the Credit Agreement (the "Amendment"), among PCIF Defender, as borrower, Versailles Assets I LLC, as lender (the "Lender"), Natixis, New York Branch, as administrative agent (the "Administrative Agent") and Bleachers Finance 1 Limited, as proposed lender, amending that certain Credit Agreement, dated June 20, 2025 among PCIF Defender, the Lender, the Administrative Agent, U.S. Bank Trust Company, National Association, as Collateral Agent, as Collateral Administrator and as Information Agent and U.S. Bank National Association, as Collateral Custodian and as Custodian (the "Credit Agreement"). Capitalized terms used but not defined herein shall have the meanings set forth in the Credit Agreement.
The Amendment provides for, among other things, an increase in the aggregate commitments of the lenders under the Credit Agreement from $250.0 million to $350.0 million, and a revision of the margin applicable to borrowings in excess of the initial $250.0 million commitment under the Credit Agreement from 1.95% per annum to 1.90% per annum.
The description above is only a summary of the material provisions of the Amendment and is qualified in its entirety by reference to a copy of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-Kand incorporated by reference herein.
Item 2.03. Creation of Direct Financial Obligation
The information included under Item 1.01 above regarding the Credit Agreement and the Amendment is incorporated by reference into this Item 2.03.