T Series Middle Market Loan Fund LLC 8-K

What Happened T Series Middle Market Loan Fund LLC filed an 8‑K disclosing that it delivered a capital drawdown notice on March 12, 2026 and closed the sale of 1,652,893 common units on March 25, 2026 for an aggregate offering price of $30.0 million. The units were sold to existing unitholders under subscription agreements that require unitholders to fund drawdowns up to their capital commitments with at least eight business days' prior notice.

Key Details

• Sale closed on March 25, 2026: 1,652,893 common units issued for $30.0 million total.
• Capital drawdown notice issued to unitholders on March 12, 2026.
• Units sold pursuant to subscription agreements with existing unitholders (no public offering).
• Issuance exempt from registration under Section 4(a)(2) and Regulation D; company relied on unitholders’ representations that they are accredited investors.

Why It Matters This transaction increases the fund’s outstanding common units and raises $30.0 million of capital from existing unitholders under the fund’s subscription framework. For investors, that means changes to ownership percentages among unitholders and additional capital available to the fund for its lending or investment activities. The filing also confirms the offering was a private placement exempt from registration and limited to accredited investors.