BlackRock Private Credit Fund 8-K

What Happened

• BlackRock Private Credit Fund filed an 8-K (May 26, 2026) reporting an unregistered private offering and a distribution declaration. The Fund sold 376,795.093 Institutional Class common shares (sale date May 1, 2026; number finalized May 20, 2026) for $8,911,166.26 to feeder vehicles in a private offering exempt under Section 4(a)(2) and/or Regulation S.
• On May 21, 2026 the Fund declared a regular distribution of $0.1931 per share for each class; payable June 26, 2026 to holders of record as of May 28, 2026. Shareholders may receive the payment in cash or via the Fund’s distribution reinvestment plan.

Key Details

• Unregistered sale: 376,795.093 Institutional Class shares for $8,911,166.26 (offer to feeder vehicles; private offering under Section 4(a)(2)/Regulation S).
• Distribution declared (May 21, 2026): $0.1931 per share for Institutional, Class S, and Class D (net impacts: Class S net $0.1763 after $0.0168 fee; Class D net $0.1882 after $0.0049 fee).
• Record and payment dates: record date May 28, 2026; payment date June 26, 2026.
• NAV as of April 30, 2026: $23.65 per share for all classes. The declared $0.1931 distribution represents about 0.82% of that NAV.

Why It Matters

• The filing informs investors about recent capital flows into the Fund via feeder vehicles (unregistered institutional share issuance) and confirms the Fund’s current cash distribution to shareholders.
• The declared distribution amount and NAV give investors a clear, concrete payout figure and allow simple yield comparisons; shareholders can choose cash or reinvestment.
• These are operational matters (capital raising and regular distribution) rather than changes to management or portfolio strategy, so they mainly affect share count, short-term cash flows, and income for holders.