First Eagle Private Credit Fund: enters 4th amendment to loan agreement

What happened The filing says that on Oct 1, 2026, First Eagle Private Credit Fund SPV, LLC, a wholly-owned financing subsidiary of First Eagle Private Credit Fund, entered into the 4th amendment to the loan and servicing agreement among the Subsidiary, the Fund, FEPC Fund Servicer LLC, certain lenders, Morgan Stanley Senior Funding, Inc. as administrative agent, U.S. Bank Trust Company, National Association as collateral agent, and U.S. Bank National Association as account bank and collateral custodian. The filing says the 4th amendment amends the Loan Agreement to change pricing, extend certain dates, adjust advance and fee rates, narrow eligible currencies and borrowers, add an event of default if the Fund ceases to be a business development company, add a concentration limitation for certain industries, and expand voting protections for minority lenders.

Key details

• Margin on outstanding advances reduced from 2.55% per annum to 2.25% per annum during the revolving period and from 3.05% per annum to 2.75% per annum during the amortization period.
• Commitment termination date extended to Oct 1, 2027 and stated maturity extended to Oct 1, 2029.
• Advance rate for recurring revenue loans reduced from 60.0% to 50.0%; unused fee rate reduced from 0.60% to 0.50% per annum.
• A 1.0% prepayment premium applies to a termination or reduction of commitments prior to Apr 1, 2027; eligible currencies narrowed to Dollars and Canadian Dollars and underlying borrowers must be organized in the United States or Canada; new default and concentration provisions and expanded lender voting protections were added.

Why it may matter This is Item 1.01: entry into a material definitive agreement, which covers the 4th amendment to the loan and servicing agreement and the specific changes to pricing, term, eligibility and lender protections described above. This filing does not show why the insider traded or why the company acted.