Fidelity Private Credit Fund 8-K

What Happened
Fidelity Private Credit Fund filed an 8-K (Item 1.01) disclosing Amendment No. 1 to the Credit and Security Agreement dated January 7, 2026, which amends the original Citi Credit Facility (dated December 12, 2024). The amendment was made by Fidelity Private Credit Fund CSPV LLC (borrower) with the Fund as equityholder and collateral manager, Citibank, N.A. as administrative agent, and others.

Key Details

• Amendment date: January 7, 2026 (filed on Form 8-K dated January 12, 2026).
• Reinvestment period extended from December 2027 to December 2028.
• Facility maturity date extended from December 2029 to December 2030.
• Applicable margin reduced: prior to commitment termination date from 2.30% p.a. to 1.95% p.a.; on and after commitment termination date from 2.80% p.a. to 2.45% p.a.
• Parties include Citibank, N.A. (administrative agent), State Street Bank & Trust Company (collateral agent/custodian), and Virtus Group, LP (collateral administrator). Exhibit 10.1 (the First Amendment) is filed with the report.

Why It Matters
The amendment delays the facility’s repayment timeline and gives the Fund more time to reinvest or manage portfolio cash flows (one extra year for reinvestment and one extra year to maturity). The reduced margins lower the interest cost on borrowed amounts, which can reduce financing expenses for the CSPV and may modestly affect net returns. Investors should note these are contractual changes to the Fund’s financing arrangement; no other financial results or management changes were reported in this filing.