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): February 19, 2021

 

 

Blackstone Private Credit Fund

(Exact name of Registrant as specified in its charter)

 

 

 

Delaware   814-01358   84-7071531

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

345 Park Avenue, 31st Floor

New York, New York

  10154
(Address of principal executive offices)   (Zip Code)

(Registrant’s telephone number, including area code): (212) 503-2100

Not Applicable

(Former name or former address, if changed since last report)

 

 

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 (see General Instruction A.2. below):

 

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

                                          
                                          

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 any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


Item 3.02.

Unregistered Sale of Equity Securities

As of February 1, 2021, the Fund sold unregistered Class I common shares of beneficial interest (with the final number of shares being determined on February 19, 2021) to feeder vehicles primarily created to hold the Fund’s Class I shares. The offer and sale of these Class I shares was exempt from the registration provisions of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) and/or Regulation S thereunder. The following table details the shares sold:

 

Date of Unregistered Sale   

Amount of Class I
Common

Shares

     Consideration  

As of February 1, 2021 (number of shares finalized on February 19, 2021)

     20,194,786      $ 509,918,352  

 

Item 7.01.

Regulation FD Disclosure.

February 2021 Distributions

On February 24, 2021, the Fund declared distributions for each class of its common shares of beneficial interest (the “Shares”) in the amount per share set forth below:

 

     Gross Distribution      Shareholder
Servicing and/or
Distribution Fee
     Net Distribution  

Class I Common Shares

   $ 0.1427      $ 0.0000      $ 0.1427  

Class S Common Shares

   $ 0.1427      $ 0.0177      $ 0.1250  

The net distributions for each class of Shares (which represents the gross distributions less shareholder servicing and/or distribution fees for the applicable class of Shares) are payable to shareholders of record as of the open of business on February 28, 2021 and will be paid on or about March 29, 2021. These distributions will be paid in cash or reinvested in shares of the Fund’s Shares for shareholders participating in the Fund’s distribution reinvestment plan.

 

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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.

 

    BLACKSTONE PRIVATE CREDIT FUND
Date: February 25, 2021     By:   /s/ Marisa J. Beeney
    Name:   Marisa J. Beeney
    Title:   Chief Compliance Officer, Chief Legal Officer and Secretary

 

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