UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 11, 2023 (September 8, 2023)

BLACKROCK PRIVATE CREDIT FUND
(Exact name of registrant as specified in its charter)

Delaware
814-01485
87-4655020
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification Number)

50 Hudson Yards
New York, New York
  
10001
(Address of Principal Executive Offices)
  
(Zip Code)

Registrant’s telephone number, including area code (212) 810-5800

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:  None

Title of each class
Trading Symbol(s)
Name of each exchange on
which registered
None
Not applicable
Not applicable

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☒   Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 1.01.
Entry into a Material Definitive Agreement.

On September 8, 2023, BlackRock Private Credit Fund Leverage I, LLC (the “Borrower”), a wholly-owned subsidiary of BlackRock Private Credit Fund (the “Fund”), entered into Amendment No. 1 to Credit and Security Agreement (the “Amendment”) with PNC Bank, National Association, as revolving lender, term lender, facility agent and calculation agent, which amended the Credit and Security Agreement (the “Credit Facility”), dated as of June 3, 2022, among the Borrower, PNC Bank, National Association, as facility agent, State Street Bank and Trust Company, as collateral agent and custodian, and the lenders from time to time parties thereto. The Amendment extended the Term Commitment Termination Date with respect to Term Commitments entered into on the Closing Date to December 8, 2023.

The description of the Amendment above is only a summary of the material provisions of the Amendment and is qualified in its entirety by reference to the Amendment, a copy of which is filed as Exhibit 10.1 to this current report on Form 8-K and incorporated by reference herein.

Item 9.01.
Financial Statements and Exhibits.

(d)
Exhibits

  10.1
Amendment No. 1 to Credit and Security Agreement among BlackRock Private Credit Fund Leverage I, LLC and PNC Bank, National Association as revolving lender, term lender, facility agent and calculation agent

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
BlackRock Private Credit Fund
   
Date:  September 11, 2023
By:
/s/ Erik L. Cuellar
 
Name:
 Erik L. Cuellar
 
Title:
 Chief Financial Officer and Treasurer