Goldman Sachs Private Credit Corp. 8-K

What Happened
Goldman Sachs Private Credit Corp. filed an 8‑K on April 27, 2026 reporting (1) unregistered sales of equity, (2) the Board’s declaration of the March 2026 distribution, and (3) preliminary March 31, 2026 NAV and portfolio figures. The company sold unregistered shares (final share counts determined April 27, 2026) under exemptions to the Securities Act (Section 4(a)(2), Regulation D and/or Regulation S), relying on purchaser representations that they were accredited investors and/or Non‑U.S. persons.

Key Details

• Unregistered share sales (as of April 1, 2026; final on April 27, 2026): Class I — 4,280,186 shares for $105,382,000; Class S — 59,118 shares for $1,456,000; Class D — none. Sales made under subscription agreements.
• March 2026 distribution declared Feb 25, 2026, payable on or about May 6, 2026 (record date March 31, 2026): Gross distribution $0.1850 per share for Class I/S/D. Net distributions — Class I $0.1850 (annualized yield 9.0%), Class S $0.1665 (yield 8.1%), Class D $0.1798 (yield 8.8%).
• Preliminary financial metrics as of March 31, 2026: Net asset value (NAV) ≈ $9.2 billion; NAV per share $24.62 for all classes; fair value of investment portfolio ≈ $16.5 billion; fund leverage 0.8x (average daily borrowings ÷ average net assets).

Why It Matters
These disclosures give investors actionable, factual updates on capital activity, monthly income, and the fund’s size and leverage. The share sale increases invested capital (not registered publicly) and was limited to accredited/non‑U.S. investors under exemptions. The declared monthly distribution and reported yields show current income paid to holders, while the NAV, portfolio fair value and 0.8x leverage level provide context on the fund’s scale and financial positioning. Management notes these are preliminary figures and may differ in subsequent 10‑Q/10‑K filings; investors should watch those filings for finalized results.