Tender Offer - PGIM Private Credit Fund
Form Type: SC TO-I
Filing Date: 2025-03-27
Corporate Action: Tender-offer
Type: New
Accession Number: 000168386325002709
Filing Summary: PGIM Private Credit Fund, a closed-end management investment company, is initiating a tender offer to purchase up to 243,895 shares of its Class I, Class D, and Class S shares, representing approximately 5% of its outstanding shares as of December 31, 2024. The offer is available to shareholders, who can tender their shares subject to the conditions defined in the Offer to Purchase. The filing states that the Fund does not know of any officers or affiliates intending to tender shares and that any shares acquired from these parties will be on the same terms as the general offer. The Fund may seek to borrow funds to finance the purchase of shares depending on economic conditions. The auction is part of an ongoing effort to provide liquidity to shareholders, as the shares do not trade on an established market.
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Additional details:
Issuer Name: PGIM Private Credit Fund
Shareholder Interest: 4,876,977
Offer Amount: 243,895
Percentage Of Shares Outstanding: 5%
Counsel: Simpson Thacher & Bartlett LLP
Address Manager: 655 Broad Street, Newark, NJ 07102-4410
Telephone Manager: 973-802-5032
Email: not provided
Form Type: SC TO-I/A
Filing Date: 2025-02-03
Corporate Action: Tender-offer
Type: Update
Accession Number: 000168386325000595
Filing Summary: This document is a Final Amendment to the Issuer Tender Offer Statement on Schedule TO, originally filed on December 30, 2024, by PGIM Private Credit Fund. The Fund made an offer to purchase up to 234,584 of its outstanding shares of beneficial interest, specifically Class I, Class S, and Class D shares, at a price equal to the net asset value per Share as of December 31, 2024. The Offer expired on January 28, 2025, at 11:59 p.m. Eastern Time, with no shares of the Fund being validly tendered and not withdrawn prior to the expiration. This filing serves to report the results of the Offer and confirms that the information originally contained has not been modified, except where stated.
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Additional details:
Offer Expiration Date: 2025-01-28
Number Of Shares Offered: 234584
Valuation Date: 2024-12-31
Form Type: SC TO-I
Filing Date: 2024-12-30
Corporate Action: Tender-offer
Type: New
Accession Number: 000168386324009541
Filing Summary: PGIM Private Credit Fund has filed a Tender Offer Statement as per Rule 13e-4 of the Securities Exchange Act of 1934. The offer is for the purchase of its Class I, Class D, and Class S Shares of Beneficial Interest, with a total of up to 234,584 Shares available for purchase from current Shareholders. This represents approximately 5% of the total shares outstanding as of September 30, 2024. The Fund is regulated as a business development company and intends to periodically recommend to its Board the purchase of Shares from Shareholders. The filing also discloses the Fund's non-diversified status and clarifies that there is no established trading market for its Shares. GEorge Hoyt signed the filing on December 30, 2024, confirming all the provided information is accurate.
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Additional details:
Issuer Name: PGIM Private Credit Fund
Offer Amount: 234584
Total Outstanding Shares: 4691686
Percentage Of Shares Offered: 5
Cusip Class I: 71710E309
Cusip Class D: 71710E200
Cusip Class S: 71710E101
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