UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

~~Washington~~WASHINGTON, ~~D.C.~~DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

~~of the~~ Securities Exchange Act of 1934

Date of report (Date of earliest event reported): ~~October~~November 3020, 2025

LGAM Private Credit LLC

(Exact name of ~~registrant~~Registrant as ~~specified~~Specified in ~~its~~Its ~~charter~~Charter)

Delaware		814-01674		93-4633111
(State or other jurisdictionof incorporation)		(~~CommissionFile~~Commission File Number)		(IRS EmployerIdentification Number)

     1585 Broadway
New York, NY

     10036

     (Address of principal executive offices)

     (Zip Code)

1 (212) 761-4000

(Registrant’s telephone number, including area code)

Not Applicable

(Former Name or Former Address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class ~~TradingSymbol~~Trading Symbol(s) Name of each ~~exchangeon~~exchange on which registered Common Units N/A N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ~~(§230.405 of this chapter)~~ or Rule 12b- 2 of the Securities Exchange Act of 1934 ~~(§240~~.~~12b-2 of this chapter).~~

Emerging growth company ☒x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒x

Item 1 3.0102. ~~Entry~~Unregistered ~~into~~Sales aof ~~Material~~Equity ~~Definitive Agreement~~Securities.

OnAs ~~October 30~~of November 1, 2025, LGAM ~~Financing SPV LLC (“LGAM SPV”), a wholly owned subsidiary of LGAM~~ Private Credit LLC (~~the “Company”)~~"we", ~~entered into a third amendment (~~the ~~“Third~~"Company" ~~Amendment”) to that certain Credit and Security Agreement, dated as of December 4, 2023 (as amended, restated~~ or ~~otherwise modified from time to time,~~ the ~~“Citibank Funding Facility”~~"Fund"), bysold ~~and~~approximately ~~among LGAM SPV~~515,804 asof ~~Borrower,~~ the Company,’s asCommon ~~Collateral~~Units ~~Manager and Equityholder,~~ (the ~~Lenders~~“Units”) ~~party~~for ~~thereto,~~an ~~Citibank,~~aggregate ~~N.A.,~~offering asprice ~~Administrative~~of ~~Agent,~~approximately U$10.S.3 ~~Bank Trust Company~~million, ~~National~~reflecting ~~Association,~~a aspurchase ~~Collateral~~price ~~Administrator~~of ~~and as Collateral Agent, and U~~$20.S.03 ~~Bank~~per ~~National~~unit ~~Association, as Document Custodian. The Third Amendment, among other things,~~ (~~i) increased~~with the ~~Facility~~final ~~Amount~~number ~~from~~of ~~$250,000,000~~Units tobeing ~~$400,000,000,~~determined ~~(ii)~~on ~~extended~~November ~~the Reinvestment Period from December 6~~20, ~~2027 to October 30, 2028, (iii~~2025) ~~extended the Final Maturity Date from December 7, 2029 to October 31, 2030, and (iv) decreased the Applicable Margin from 2~~.~~25% to 1.90% through the end of the Reinvestment Period.~~

The sale of Units was made pursuant to subscription agreements entered into by the Company and its unitholders. The issuance of the Units is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Regulation S under the Securities Act and other ~~material~~exemptions ~~terms~~from the registration requirements of the ~~Citibank~~Securities ~~Funding~~Act. ~~Facility~~The ~~remain~~Company ~~unchanged~~relied, in part, upon representations from the unitholders in the subscription agreements that each unitholder was not in the United States (as defined in Rule 902(l) under Regulation S under the Securities Act) and was not, and was not acting for the account or benefit of, U.S. Persons (as defined in Rule 902(k) under Regulation S under the Securities Act).

~~Capitalized terms used but not defined in this~~ Item 17.01. ~~shall~~Regulation ~~have~~FD ~~the meanings given to them in the Citibank Funding Facility~~Disclosure.

~~The~~On ~~description~~November ~~above~~25, is2025, ~~only a summary of~~ the ~~material~~Company ~~provisions~~disclosed of the ~~Third~~below ~~Amendment and is qualified in its entirety by reference to the copy of the Third Amendment, which is filed as Exhibit 10~~information.~~1 to this current report on Form 8-K and incorporated by reference herein.~~

~~Item 2.03.~~Distribution: ~~Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.~~

~~The~~On ~~information~~November ~~set~~20, ~~forth~~2025, the Fund declared a regular distribution to unitholders of record in ~~Item~~the 1amount of $0.011377 isper ~~incorporated~~unit. byThe ~~reference~~distribution ~~into~~will ~~this~~be ~~Item~~payable 2on or around December 3, 2025 to unitholders of record as of November 30, 2025.~~03.~~

~~Item 9.01.~~Company's ~~Financial Statements and Exhibits.~~Portfolio:

As of October 31, 2025, the Company had investments in 121 portfolio companies across 32 industries with an aggregate par value of approximately $492.1 million, which consisted of approximately 99.2% first lien debt investments, 0.3% second lien debt investments, and 0.5% other investments based on par value or in the case of equity investments, cost. As of October 31, 2025, approximately 99.9% of the debt investments, based on par value, in the Company's portfolio were at floating rates. During the period from October 1, 2025 through October 31, 2025, the Company had new investment commitments of approximately $55.3 million, approximately 100.0% of which were first lien debt investments. As of October 31, 2025, approximately 1.9%, based on par value (dincluding cash), ~~Exhibits~~were in broadly syndicated loans, which the Company primarily uses for cash management purposes.

ExhibitNumber		Description
10.1*		Amendment No. 3 to Credit and Security Agreement, dated as of October 30, 2025, among LGAM Financing SPV LLC, as Borrower, LGAM Private Credit LLC, as Collateral Manager and Equityholder, the Lenders party thereto, Citibank, N.A., as Administrative Agent, U.S. Bank Trust Company, National Association, as Collateral Agent and Collateral Administrator, and U.S. Bank National Association, as Document Custodian.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

The table below describes investments by industry composition based on par value as of October 31, 2025:

* Exhibits and schedules to this Exhibit have been omitted in accordance with Item 601 of Regulation S-K. The registrant agrees to furnish supplementally a copy of all omitted exhibits and schedules to the SEC upon its request.


Industry	% of Total
Software		20.0	%
Professional Services		11.7
Commercial Services & Supplies		7.9
Health Care Providers & Services		7.4
Insurance Services		6.4
Diversified Consumer Services		5.9
Financial Services		5.7
IT Services		5.3
Ground Transportation		2.9
Real Estate Management & Development		2.8
Other		24.0
Total		100.0	%

The table below shows the Company's ten largest portfolio company investments based on par value as of October 31, 2025:


Issuer	% of Total
Banyan Software Holdings, LLC		3.0	%
SV Newco 2 Inc		2.9
Diligent Corporation		2.6
MRI Software LLC		2.4
JNPR Aero,LLC		2.1
Deerfield Dakota Holding, LLC		2.0
Gc Waves Holdings Inc		1.8
Merative LP		1.5
Bullhorn, Inc.		1.5
DCA Investment Holdings, LLC		1.5
Other		78.7
Total		100.0	%

Net Asset Value:

As of October 31, 2025, the Company's aggregate net asset value is estimated to be approximately $201.5 million. As of October 31, 2025, the Company had approximately $192.7 million of debt outstanding (at principal). Final results may differ materially from the estimated net asset value as a result of the completion of the Company’s financial closing procedures, as well as any subsequent events, including the discovery of information affecting fair values of portfolio investments as of October 31, 2025, arising between the date hereof and the completion of the financial statements and the filing of the Company’s quarterly report on Form 10-K for the year ended December 31, 2025.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 4, 2025

LGAM Private Credit LLC

Date: November 25, 2025

LGAM Private Credit LLC

/s/ David Pessah

David Pessah

Chief Financial Officer

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