Tender Offer - Stepstone Private Credit Fund LLC

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Form Type: SC TO-I

Filing Date: 2025-02-03

Corporate Action: Tender-offer

Type: New

Accession Number: 000121390025009346

Filing Summary: StepStone Private Credit Fund LLC has announced a tender offer for its own limited liability company interests. The offer is set to commence on February 3, 2025, and will expire on March 3, 2025. The company plans to purchase up to 1,762,346 Shares, which represents 5% of the Shares outstanding as of the last NAV calculation date, provided they are properly tendered by shareholders and not withdrawn. The purchase price will be based on the net asset value per Share as of a specified Valuation Date. Payment for accepted tenders will occur in cash, finalized no later than 65 days after the expiration date. Shareholders will receive notifications upon the acceptance of their tenders. The offer will be executed under relevant SEC rules and guidelines, and there are no other significant contracts or agreements affecting the shares, beyond what is stipulated in the tender offer documents.

Document Link: View Document

Additional details:

Name Of Subject Company: StepStone Private Credit Fund LLC

Title Of Class Of Securities: Limited Liability Company Interests

Cusip Number: None

Prior Nav Calculation Date: 2024-12-31

Expiration Date: 2025-03-03

Back End Withdrawal Date: 2025-03-31

Valuation Date: 2025-03-31

Tender Offer Share Amount: 1,762,346 Shares

Form Type: SC TO-I/A

Filing Date: 2025-01-31

Corporate Action: Tender-offer

Type: Update

Accession Number: 000121390025008840

Filing Summary: This document is an Amendment No. 1 to the Tender Offer Statement on Schedule TO filed by StepStone Private Credit Fund LLC. The Schedule TO relates to the offer by the Company to purchase up to 1,315,366 shares of its outstanding limited liability company interests at a purchase price equal to the net asset value per Share as of December 31, 2024. The offer was initially filed on November 1, 2024, and expired at 11:59 p.m. on December 2, 2024. A total of 67,016.588 Shares were validly tendered and accepted for purchase by the Company, representing less than 1.0% of the total number of Shares outstanding as of September 30, 2024. The net asset value per Share was determined to be $26.00, leading to an aggregate purchase price of approximately $1,742,370.97 that the Company will pay in cash to the relevant persons.

Document Link: View Document

Additional details:

Tender Offer Expiration Date: 2024-12-02

Shares Tendered: 67016.588

Purchase Price Per Share: 26.00

Aggregate Purchase Price: 1742370.97

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