UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Current Report
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
(Address of principal executive offices) |
(Zip Code) |
Registrant’s telephone number, including area code:
Check the appropriate box below if the Form 8-K 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:
Title of each class |
Trading |
Name of each exchange | ||
— | — | — |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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.
On September 3, 2024, AB Private Lending Fund (the “Fund”) sold unregistered Class I common shares of beneficial interest 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 “Private Offering”). The following table details the shares sold:
Date of Unregistered Sale | Amount of Class I shares |
Consideration | ||||||
As of September 3, 2024 |
34,393.021 | $ | 900,000.00 |
Item 8.01 – Other Events.
Net Asset Value
The net asset value (“NAV”) per share of each class of the Fund as of August 31, 2024, as determined in accordance with the Fund’s valuation policy, is set forth below.
NAV per Share as of August 31, 2024 | ||||
Class I shares |
$ | 26.17 | ||
Class S shares |
— | |||
Class D shares |
— |
As of August 31, 2024, the Fund’s aggregate NAV was approximately $116.0 million, the fair value of its investment portfolio was approximately $307.3 million, and it had approximately $168.5 million of debt outstanding (at principal).
Status of Offering
The Fund is currently publicly offering on a continuous basis up to $1.0 billion in common shares of beneficial interest (such shares, the “Shares” and such offering, the “Offering”). Additionally, the Fund has sold unregistered shares as part of the Private Offering. The following table lists the Shares issued and total consideration for both the Offering and the Private Offering as of the date of this filing, reflective of transfers between share classes. The table below does not include Shares sold through the Fund’s distribution reinvestment plan. The Fund intends to continue selling Shares in the Offering and the Private Offering on a monthly basis.
Common Shares Issued |
Total Consideration | |||||||
Offering: |
||||||||
Class I shares |
— | — | ||||||
Class S shares |
— | — | ||||||
Class D shares |
— | — | ||||||
Private Offering: |
||||||||
Class I shares |
4,434,393.021 | $ | 110,900,000.00 | |||||
Class S shares |
— | — | ||||||
Class D shares |
— | — | ||||||
Total Offering and Private Offering* |
$ | 110,900,000.00 |
* | Amounts may not sum due to rounding |
SIGNATURES
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.
Date: October 21, 2024 | AB PRIVATE CREDIT INVESTORS CORPORATION | |||||
By: | /s/ Leon Hirth | |||||
Leon Hirth | ||||||
Secretary |
Document and Entity Information |
Sep. 03, 2024 |
---|---|
Cover [Abstract] | |
Amendment Flag | false |
Entity Central Index Key | 0001982701 |
Document Type | 8-K |
Document Period End Date | Sep. 03, 2024 |
Entity Registrant Name | AB PRIVATE LENDING FUND |
Entity Incorporation State Country Code | DE |
Entity File Number | 814-01744 |
Entity Tax Identification Number | 93-6555027 |
Entity Address, Address Line One | 405 Colorado Street |
Entity Address, Address Line Two | Suite 1500 |
Entity Address, City or Town | Austin |
Entity Address, State or Province | TX |
Entity Address, Postal Zip Code | 78701 |
City Area Code | (512) |
Local Phone Number | 721-2900 |
Written Communications | false |
Soliciting Material | false |
Pre Commencement Tender Offer | false |
Pre Commencement Issuer Tender Offer | false |
Entity Emerging Growth Company | true |
Entity Ex Transition Period | false |
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