Antares Private Credit Fund 8-K

What Happened Antares Private Credit Fund announced regular and special cash distributions and provided a February 28, 2026 net asset value (NAV) and portfolio update in an 8‑K filed April 1, 2026. The Company declared a regular distribution of $0.1886 per share and a special distribution of $0.0052 per share for its common shares of beneficial interest, payable to shareholders of record as of March 30, 2026 and payable on or about April 30, 2026. Distributions may be paid in cash or reinvested under the Company’s distribution reinvestment plan. The filing was signed by Thomas Sweeney, Chief Financial Officer.

Key Details

• Declared distributions: $0.1886 (regular) + $0.0052 (special) per share; record date March 30, 2026; payment ~April 30, 2026; cash or DRIP.
• NAV and portfolio (as of Feb 28, 2026): Class I NAV per share = $24.67; aggregate NAV ≈ $778.5 million; loan commitments ≈ $2,114.9 million.
• Leverage and debt: principal debt outstanding ≈ $1,013.3 million, resulting in a debt-to-equity (NAV) ratio ≈ 1.30x.
• Offering status: continuous public offering up to $2.0 billion; Company intends monthly sales at prices generally equal to NAV. Through the March 1, 2026 subscription date, issued 32,287,567 Class I Shares for total consideration $808,649,198 (does not include DRIP issuances).

Why It Matters

• Income: The declared distributions are the immediate cash return to shareholders and signal the Company’s current payout plan (cash or reinvestment option).
• Financial position: The NAV, loan commitments and ~1.30x debt-to-equity ratio give investors a snapshot of the fund’s size, leverage and exposure to credit investments as of Feb 28, 2026.
• Capital raising: The ongoing $2.0 billion offering and the ~$808.6 million of shares issued through March 1, 2026 show the fund is continuing to raise capital, which can support lending activity but may affect share count and dilution if investors choose reinvestment.