AB Private Credit Investors Corporation

10/22/2024 | Press release | Distributed by Public on 10/22/2024 07:15

Material Agreement Form 8 K

Item 1.01- Entry into a Material Definitive Agreement.

On October 17, 2024, ABPCIC Funding IV LLC (the "Borrower"), a wholly-owned subsidiary of AB Private Credit Investors Corporation (the "Fund"), entered into the second amendment (the "Amendment") to that certain credit agreement (the "Credit Agreement") establishing its warehouse credit facility (the "Natixis Credit Facility") among the Borrower, the lenders referred to therein, Natixis, New York Branch, as administrative agent, and U.S. Bank Trust Company, National Association, as collateral agent and collateral administrator. After giving effect to the Amendment, borrowings under the Credit Agreement bear interest at a rate equal to 2.25% per annum plus the Term SOFR for the applicable interest period.

The Amendment also, among other things, (1) extended the expiration date for the period during which the Borrower may borrow under the Natixis Credit Facility from October 21, 2024 to April 21, 2025 and (ii) added certain collateral reporting obligations for the Borrower.

The information set forth above with respect to the Amendment does not purport to be complete in scope and is qualified in its entirety by the full text of the Amendment, which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.