BlackRock Private Credit Fund 8-K

What Happened

• BlackRock Private Credit Fund filed an 8-K reporting that it sold 1,614,727.297 Institutional Class common shares in a private offering to feeder vehicles (sale date March 2, 2026; number of shares finalized March 20, 2026) for total consideration of $38,000,507.80. The offer and sale were exempt from registration under Section 4(a)(2) and/or Regulation S.
• The Fund also declared a regular distribution on March 25, 2026. Gross distribution per share for all classes is $0.1922; net amounts differ by class due to shareholder servicing/distribution fees. The distribution is payable April 28, 2026 to holders of record at the close of business on March 30, 2026, and may be taken in cash or reinvested under the Fund’s reinvestment plan. The Fund’s NAV per share was $23.53 for all classes as of February 28, 2026.

Key Details

• Unregistered sale: 1,614,727.297 Institutional Class shares sold for $38,000,507.80 (private offering; feeder vehicles).
• Distribution declared (per share): Gross $0.1922 for Institutional, Class S, and Class D.
  • Institutional net: $0.1922 (no servicing fee)
  • Class S net: $0.1755 (service fee $0.0167)
  • Class D net: $0.1873 (service fee $0.0049)
• Record date: March 30, 2026; Payable date: April 28, 2026.
• NAV as of Feb 28, 2026: $23.53 per share for Institutional, Class S, and Class D.

Why It Matters

• The private sale added roughly $38.0 million of capital to the Fund via feeder vehicles, which can affect the Fund’s asset base and portfolio deployment but was completed under exemptions from public registration.
• The declared distribution and the differing servicing fees affect the cash payout investors will receive (or reinvest), and the record/payable dates are important for shareholders planning to receive the distribution.
• The reported NAV of $23.53 (as of Feb 28, 2026) provides a recent valuation reference for investors when comparing the announced distribution and new share issuance.