Fidelity Private Credit Trust
09/29/2025 | Press release | Distributed by Public on 09/29/2025 12:54
Regulation FD Disclosure (Form 8-K)
Item 7.01 Regulation FD Disclosure
September 2025 Distributions
On September 29, 2025, the Fund declared distributions for each class of its common shares of beneficial interest (the "Shares") in the amount per share set forth below:
|
Gross Distribution |
Stockholder Servicing Fee |
Net Distributions |
||||||||||
|
Class I Common Shares |
$ |
0.1750 |
$ |
- |
$ |
0.1750 |
||||||
|
Class S Common Shares |
$ |
0.1750 |
$ |
0.0180 |
$ |
0.1570 |
||||||
|
Class D Common Shares |
$ |
0.1750 |
$ |
0.0053 |
$ |
0.1697 |
||||||
The distributions for each class of Shares are payable to shareholders of record as of the open of business on September 30, 2025, and will be paid on or about October 31, 2025.
Additionally, on September 29, 2025, the Fund declared variable supplemental distributions for each class of its Shares in the amount of $0.0160 per share. The variable supplemental distributions are payable to shareholders of record as of the open of business on September 30, 2025, and will be paid on or about October 31, 2025.
These distributions will be paid in cash or reinvested in shares of the Fund for shareholders participating in the Fund's distribution reinvestment plan.
Item 8.01 Other Events
Net Asset Value
The net asset value ("NAV") per share of each class of the Fund as of August 31, 2025, as determined in accordance with the Fund's valuation policy, is set forth below.
|
NAV as of August 31, 2025 |
||||
|
Class I Common Shares |
$ |
25.38 |
||
|
Class S Common Shares |
$ |
25.36 |
||
|
Class D Common Shares |
$ |
25.38 |
||
As of August 31, 2025, the Fund's aggregate NAV was $1.1 billion, the fair value of its investment portfolio was $1.9 billion and it had principal debt outstanding of $873.8 million, resulting in a debt-to-equity ratio of approximately 0.77 times.
Status of Offering
The Fund is currently publicly offering on a continuous basis up to $4.0 billion in Shares (the "Offering"). The following table lists the Shares and total consideration for the Offering and the Private Offering as of the date of this filing (through the September 1, 2025 subscription date). The Fund intends to continue selling Shares in the Offering and the Private Offering on a monthly basis.
|
Common Shares Issued |
Total Consideration (1) |
||||||
|
Offering: |
|||||||
|
Class I Common Shares |
46,123,754 |
$ |
1,178.2 million |
||||
|
Class S Common Shares |
103,736 |
$ |
2.7 million |
||||
|
Class D Common Shares |
471 |
$ |
- million |
||||
|
Private Offering: |
|||||||
|
Class I Common Shares |
126,899 |
$ |
3.2 million |
||||
|
Class S Common Shares |
- |
$ |
- million |
||||
|
Class D Common Shares |
- |
$ |
- million |
||||
|
Total Offering and Private Offering* |
46,354,860 |
$ |
1,184.1 million |
||||
* Amounts may not sum due to rounding.
(1) Total consideration for Class D Common Shares as of September 1, 2025 was approximately $12.1 thousand.
Fidelity Private Credit Trust published this content on September 29, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 29, 2025 at 18:54 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]