Goldman Sachs Private Credit Corp. 8-K

What Happened
Goldman Sachs Private Credit Corp. filed an 8‑K (Apr 3, 2026) reporting three items: the company sold unregistered Class I, Class S and Class D shares (as of Mar 1, 2026; final counts determined Apr 2, 2026) under exemptions to the Securities Act (Reg. D/Reg. S/Section 4(a)(2)); the Board declared a February 2026 distribution payable on or about Apr 13, 2026; and the company reported Feb 28, 2026 net asset value and portfolio/leverage metrics. The company relied on purchaser representations that buyers were accredited investors and/or non‑U.S. persons.

Key Details

• Share sale (unregistered): Class I 6,553,873 shares for $161,982,000; Class S 80,881 shares for $1,999,000; Class D 12,138 shares for $300,000 — total proceeds approximately $164,281,000.
• February distribution (declared Feb 25, 2026; record date Feb 27, 2026; payable ~Apr 13, 2026): Class I gross/net $0.1850 per share (annualized yield 9.0%); Class S gross $0.1850, net $0.1708 after $0.0142 servicing/fee (annualized yield 8.3%).
• NAV and portfolio (as of Feb 28, 2026): total NAV ≈ $9.5 billion; NAV per Class I/Class S share $24.72; fair value of investment portfolio ≈ $16.6 billion.
• Fund leverage (Feb 2026): 0.8x (average daily borrowings ÷ average net assets for the month).

Why It Matters
These items affect shareholders’ claims and income: the share issuance raised about $164.3 million, which increases capital but can dilute per‑share metrics depending on use of proceeds. The declared monthly distribution shows the company’s current cash return to investors (9.0% annualized on Class I based on the February distribution and month‑end NAV). The NAV, portfolio size and 0.8x leverage level give investors a snapshot of the fund’s scale, asset base and borrowing use as of Feb 28, 2026.