Home/Filings/8-K/0001193125-26-017895
8-K//Current report

LGAM Private Credit LLC 8-K

Accession 0001193125-26-017895

CIK 0001983514operating

Filed

Jan 20, 7:00 PM ET

Accepted

Jan 21, 3:55 PM ET

Size

142.2 KB

Accession

0001193125-26-017895

Research Summary

AI-generated summary of this filing

Updated

LGAM Private Credit LLC Upsizes Citibank Funding Facility to $500M

What Happened

  • On January 15, 2026, LGAM Financing SPV LLC (a wholly owned subsidiary of LGAM Private Credit LLC) agreed in writing with Citibank, N.A., as Administrative Agent to upsize the Citibank Funding Facility. The facility, governed by the Credit and Security Agreement dated December 4, 2023, was increased from $400,000,000 to $500,000,000. The filing states the other material terms of the funding facility remain unchanged.
  • The 8-K also reports the creation of a direct financial obligation associated with the upsized facility (Item 2.03).

Key Details

  • Effective date of agreement: January 15, 2026.
  • Facility amount increased by $100,000,000: from $400,000,000 to $500,000,000.
  • Administrative Agent: Citibank, N.A.; Borrower: LGAM Financing SPV LLC (subsidiary of LGAM Private Credit LLC).
  • Underlying agreement originally dated: December 4, 2023 (Credit and Security Agreement).

Why It Matters

  • The upsized Citibank funding facility increases the SPV’s available credit capacity by $100 million, which affects the company’s borrowing capacity and funding options.
  • Investors should note this change increases the direct financial obligation of the borrower under the facility, while the filing indicates no other material changes to the facility terms.