Silver Point Private Credit Fund Sells Unregistered Shares, Declares Dividend

What Happened Silver Point Private Credit Fund announced the issuance and sale of 902,356 unregistered common shares of beneficial interest (par value $0.01) for an aggregate $24,309,468, reflecting a purchase price of $26.94 per share (issuance effective as of September 1, 2026; final share count determined September 21, 2026). The shares were sold under subscription agreements and the offering was exempt from registration under Section 4(a)(2) of the Securities Act and/or Rules 502/Regulation D and Regulation S.

The Fund’s Board of Trustees also declared a regular monthly dividend of $0.1575 per share to holders of record as of September 30, 2026, payable on or before October 30, 2026. Shareholders who tendered shares in the tender offer that expired August 31, 2026 and whose shares were accepted for repurchase were issued non-interest-bearing, non-transferable promissory notes; those shareholders remain holders of record until the Fund’s net asset value is determined on the September 30, 2026 valuation date and are entitled to receive the declared dividend.

Key Details

• 902,356 unregistered common shares sold for a total of $24,309,468 (purchase price $26.94/share).
• Sale effective as of September 1, 2026; final share count determined September 21, 2026.
• Dividend: $0.1575 per share, record date September 30, 2026, payable on or before October 30, 2026.
• Tender-offer repurchases accepted by August 31, 2026 received non-interest-bearing, non-transferable promissory notes; those holders remain shareholders through the September 30, 2026 valuation date and will receive the dividend.

Why It Matters These actions affect the Fund’s capital structure and near-term cash flows. The unregistered share sale raises capital for the Fund without a registered public offering, which can impact share count and investor ownership percentages. The declared monthly dividend and the treatment of tender-offer participants clarify who receives the payout and when, important details for shareholders tracking income and timing of repurchase proceeds.