PGIM Private Credit Fund 8-K

What Happened
PGIM Private Credit Fund (filed 8-K dated April 28, 2026; Items 7.01 and 8.01) announced regular distributions declared April 27, 2026 and reported its net asset value (NAV) and offering activity as of March 31, 2026. Distributions per share were declared for Class S, D and I; payable to shareholders of record as of April 30, 2026 and payable on or about May 27, 2026. Distributions may be received in cash or reinvested through the Fund’s distribution reinvestment plan (DRIP).

Key Details

• Distribution amounts declared (per share): Class S $0.19506; Class D $0.20732; Class I $0.21243. Record date April 30, 2026; payment on/about May 27, 2026.
• NAV per share (as of March 31, 2026): Class S $25.39; Class D $25.31; Class I $24.82. Aggregate NAV: $266.7 million.
• Portfolio and leverage (as of March 31, 2026): investment portfolio fair value $397.6 million; debt outstanding (principal) $144.6 million.
• Offering status and sales to date: Fund is continuously offering up to $2.5 billion. Shares sold (Offering + Private Offering) total 9,336,646 with total consideration of $234,644,182 (examples: Offering — Class S 101,373 shares / $2,576,821; Class I 4,948,350 shares / $122,939,291; Private Offering — Class I 4,285,940 shares / $109,102,500). Sales exclude DRIP activity; Fund intends ongoing monthly sales.

Why It Matters
The filing gives investors concrete recent cash distribution levels and the Fund’s per-share NAVs, which help assess current income paid and the Fund’s per-share value. The portfolio fair value versus debt shows the fund’s asset base and leverage level. Ongoing public and private share sales indicate continued capital raising, which can affect future asset growth and dilution depending on how proceeds are used.