LGAM Private Credit LLC Reports Unit Sale, Distribution and NAV Update

What Happened
LGAM Private Credit LLC filed a Form 8-K on August 25, 2026. The Fund reported an unregistered sale of approximately 177,957 common units for an aggregate offering price of about $3.5 million (purchase price $19.53 per unit), with the sale effective August 1, 2026 and the final unit count determined on August 21, 2026. The units were issued under subscription agreements relying on Regulation S and related Securities Act exemptions. The Fund also declared a regular distribution of $0.1383 per unit on August 21, 2026, payable on or about September 3, 2026 to unitholders of record as of August 31, 2026. Finally, the Fund provided a portfolio and NAV update as of July 31, 2026.

Key Details

• Unregistered unit sale: ~177,957 Units for ~ $3.5 million total; $19.53 per unit (sale relied on Regulation S; purchasers represented they were not U.S. Persons).
• Distribution: $0.1383 per unit declared Aug 21, 2026; payable on/around Sep 3, 2026 to holders of record Aug 31, 2026.
• Portfolio snapshot (as of July 31, 2026): 144 portfolio companies across 32 industries; aggregate par value ~ $656.9 million; ~99.2% first-lien debt; ~99.9% of debt investments (by par) at floating rates.
• NAV and leverage: estimated NAV ≈ $243.4 million; approximately $305.7 million of debt outstanding (principal). Final NAV may change after financial close and quarter-end reporting.

Why It Matters
These disclosures affect holders and prospective investors by documenting a recent capital raise (unregistered unit sale), the next cash distribution amount and timing, and the Fund’s latest portfolio composition and estimated net asset value. The portfolio is heavily weighted to floating-rate, first-lien debt and concentrated in sectors such as software (19.1%), which are relevant to income generation and interest-rate sensitivity. The estimated NAV and the level of outstanding debt provide a snapshot of the Fund’s reported leverage and liquidity position, though the filing notes the NAV is preliminary and subject to change after closing procedures.