Tender Offer - Principal Private Credit Fund I

Form Type: N-23C3A

Filing Date: 2025-03-31

Corporate Action: Tender-offer

Type: New

Accession Number: 000201690025000007

Filing Summary: Principal Private Credit Fund I announces a quarterly repurchase offer for its shares, allowing shareholders to sell up to 5% of the fund's issued and outstanding common shares. The offer aims to provide liquidity since there is no secondary market for the shares. The repurchase period begins on March 31, 2025, and ends on April 28, 2025. Shareholders interested in tendering their shares should either contact their financial professional or complete the attached repurchase request form and submit it by the specified deadline. The net asset values (NAV) for the fund's shares were reported as $10.37, $10.40, and $10.41 for Class A, Class I, and Class Y shares, respectively, on March 20, 2025. Payment for repurchased shares is expected within seven days following the pricing date, and shareholders may withdraw or modify their tender requests prior to the deadline. The fund reserves the right to suspend or postpone the offer only under certain conditions and will notify shareholders if such actions occur.

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