0001983514FALSETRUE00019835142024-01-292024-01-29


   
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): July 2, 2024

     
 LGAM Private Credit LLC

(Exact name of Registrant as Specified in Its Charter)

Delaware
814-01674
93-4633111
(State or other jurisdiction
of incorporation)

(Commission
File Number)
(IRS Employer
Identification Number)

1585 Broadway
New York, NY
10036
(Address of principal executive offices)
(Zip Code)

1 (212) 761-4000
(Registrant’s telephone number, including area code)

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:
 
¨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 classTrading Symbol(s)Name of each exchange on which registered
Common UnitsN/AN/A
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 x
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. x

















































Item 1.01. Entry into a Material Definitive Agreement.

On July 2, 2024, LGAM Financing SPV LLC (“LGAM SPV”), a wholly owned subsidiary of LGAM Private Credit LLC (the “Company”), entered into a first amendment (the “First Amendment”) to that certain Credit and Security Agreement, dated as of December 4, 2023 (as amended, restated or otherwise modified from time to time, the “Citibank Funding Facility”), by and among LGAM SPV, as Borrower; the Company, as Collateral Manager and Equityholder; the Lenders party thereto; Citibank, N.A., as Administrative Agent; U.S. Bank Trust Company, National Association, as Collateral Administrator and Collateral Agent; and U.S. Bank National Association, as Document Custodian. The First Amendment amended the Citibank Funding Facility to, among other things, extend the ramp-up period and adjust certain terms related to advance rates and restricted payments.

The other material terms of the Citibank Funding Facility remain unchanged.

Capitalized terms used but not defined in this Item 1.01 shall have the meanings given to them in the Citibank Funding Facility.

The description above is only a summary of the material provisions of the First Amendment and is qualified in its entirety by reference to the copy of the First Amendment, which is filed as Exhibit 10.1 to this current report on Form 8-K and incorporated by reference herein.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 is incorporated by reference into this Item 2.03.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number
Description
10.1*
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
*Schedules to this Exhibit have been omitted in accordance with Item 601 of Regulation S-K. The registrant agrees to furnish supplementally a copy of all omitted schedules to the SEC upon its request.











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.
       
Date: July 8, 2024
  LGAM Private Credit LLC
    
   By: /s/ David Pessah
      David Pessah
      Chief Financial Officer