Principal Credit Real Estate Income Trust 8-K

What Happened

• Principal Credit Real Estate Income Trust filed an 8-K reporting that, on March 2, 2026, it sold an aggregate of 73,814.24 common shares in its continuous private offering for aggregate consideration of approximately $1,506,250.00. The sales were to third‑party investors and were part of the company’s ongoing private offering.
• The offering and sales were exempt from registration under the Securities Act of 1933 pursuant to Section 4(a)(2) and Rule 506 of Regulation D.

Key Details

• Total shares sold: 73,814.24 common shares for aggregate consideration of ~$1,506,250.00 (March 2, 2026).
• Class breakdown:
  • Class I Common Shares: 16,761.98 shares — $340,000.00
  • Class F-S Common Shares: 34,272.56 shares — $700,000.00
  • Class F-I Common Shares: 21,848.76 shares — $446,250.00
  • Class E Common Shares: 930.94 shares — $20,000.00
• Sales occurred in the company’s continuous private offering; transactions included applicable upfront selling commissions and dealer manager fees (amounts not specified).

Why It Matters

• This filing documents a capital raise via a private (unregistered) offering that increased the company’s outstanding common shares and generated approximately $1.5 million in gross consideration.
• Because the sale was exempt under Regulation D, the shares are unregistered and subject to resale restrictions typical of private placements; upfront commissions and fees associated with the offering will affect net proceeds.
• Investors tracking dilution, share count changes, or company fundraising activity should note the timing, amounts, and class-level issuance reported here.