Bain Capital Private Credit Reports July NAV, Declares Aug 2026 Distribution

What Happened
Bain Capital Private Credit filed an 8‑K (Items 3.02, 7.01, 8.01) on August 25, 2026 announcing its NAV and portfolio metrics as of July 31, 2026, a declared regular distribution for August 2026, and the sale of unregistered Class I common shares to feeder vehicles. The Fund reported a Class I NAV of $25.94 per share and aggregate NAV of $1,141.0 million as of July 31, 2026. It declared a gross distribution of $0.1875 per Class I share (no shareholder servicing fee), payable to holders of record August 31, 2026 and payable on or about September 30, 2026. The Fund sold 389,036 Class I shares on August 3, 2026 for $10.1 million in offerings exempt from registration.

Key Details

• NAV and leverage (as of July 31, 2026): NAV/share $25.94; aggregate NAV $1,141.0M; portfolio fair value $2,413.1M; principal debt outstanding $1,372.8M; debt-to-equity ≈ 1.20x; net debt-to-equity ≈ 1.13x.
• Portfolio composition (by fair value): 86% first‑lien senior secured debt, 1% second‑lien, 5% subordinated debt, 2% preferred equity, 2% common equity, 4% investment vehicle; 93% of debt investments are floating rate; 189 portfolio companies across 29 industries.
• Distribution (Item 7.01): Class I gross distribution $0.1875/share; record date Aug 31, 2026; pay date on/about Sep 30, 2026; option to reinvest via the Fund’s DRIP.
• Share issuance and outstanding (Items 3.02 & 8.01): 389,036 Class I shares sold (Aug 3, 2026) for $10.1M (priced at July 31 NAV); total Class I shares outstanding 45,455,110 with total consideration $1,165.3M (through the Aug 3 subscription date).

Why It Matters
These disclosures give investors updated fund-level metrics — NAV per share, portfolio size and composition, and leverage — which affect valuation and risk profile. The declared distribution provides expected cash (or reinvestment) for shareholders with an Aug 31 record date. The unregistered share sale and updated shares outstanding reflect recent capital activity and marginally increase the Fund’s invested capital. All figures are historical as of July 31, 2026; investors should consider these alongside ongoing performance reports.