Jefferies Credit Partners BDC Inc. 8-K
Research Summary
AI-generated summary
Jefferies Credit Partners BDC Inc. Sells $117.23M of Unregistered Shares
What Happened
Jefferies Credit Partners BDC Inc. filed an 8-K (April 24, 2026) disclosing that it sold unregistered shares of its Class I common stock in late March and early April 2026. The company issued a total of 8,162,781.250 shares based on its net asset value (NAV) measured on March 26 and March 31, 2026; the aggregate consideration received was $117,229,735. The sales were completed to third‑party investors, with the final share counts determined on April 21 and April 23, 2026.
Key Details
- Sale 1: 7,312,125.384 shares at NAV $14.35971 (NAV date March 26, 2026); proceeds $105,000,000 (shares finalized April 21, 2026).
- Sale 2: 850,655.866 shares at NAV $14.37683 (NAV date March 31, 2026); proceeds $12,229,735 (shares finalized April 23, 2026).
- Total shares issued: 8,162,781.250; total proceeds: $117,229,735.
- The offers and sales were made in reliance on exemptions from registration under the Securities Act (Section 4(a)(2), Regulation D and/or Regulation S). Filing signed by CFO Ryan Schindele on April 24, 2026.
Why It Matters
These transactions increase the company’s outstanding Class I common stock and provide Jefferies Credit Partners BDC with approximately $117.2 million in additional capital. For investors, the filing is a formal disclosure of dilution and capital-raising activity, showing how new shares were priced (by NAV) and the exemptions used for the offering.
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