UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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): April 28, 2025

 

 

Antares Private Credit Fund

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware			814-01793	93-2791194
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
320 South Canal Street Suite 4200
Chicago, Illinois				60606
(Address of Principal Executive Offices)				(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 312 638-4000

 

N/A

(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:

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
N/A		N/A		N/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 ☒

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 7.01 Regulation FD Disclosure.

On April 30, 2025, Antares Private Credit Fund (the “Company”) declared a regular distribution in the amount of $0.1858 per share and a special distribution in the amount of $0.0258 per share for its common shares of beneficial interest (the “Shares”), which are payable to shareholders of record as of April 30, 2025, and will be paid on or about May 29, 2025. These distributions will be paid in cash or reinvested in additional Shares for shareholders participating in the Company’s distribution reinvestment plan.

Item 8.01 Other Events.

Net Asset Value and Portfolio Update

The net asset value (“NAV”) per share for the Class I common shares of beneficial interest (the “Class I Shares”) of the Company, the sole class of Shares outstanding during that period, as of March 31, 2025, as determined in accordance with the Company’s valuation policy, is $25.11.

 

As of March 31, 2025, the Company’s aggregate NAV was approximately $638.8 million, with loan commitments of approximately $1,418.7 million. Additionally, the Company had principal debt outstanding of approximately $456.1 million, resulting in a debt-to-equity (NAV) ratio of approximately 0.71 times.

Status of Offering

 

On May 1, 2025, the Company received approximately $4.0 million of subscriptions for its Class I Shares from unaffiliated investors.

 

The Company is currently publicly offering on a continuous basis up to $2.0 billion in Shares (the “Offering”). The Company intends to continue selling Shares in the Offering on a monthly basis at a price generally equal to the net asset value per share. The following table lists the Shares issued and total consideration for the Offering through the April 1, 2025 subscription date, and does not include Shares sold through the Company’s distribution reinvestment plan.

 

		Shares Issued					Total Consideration
Class I Shares				25,720,625			$	643.8 million
Total Offering				25,720,625			$	643.8 million

 

 

 

 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

			ANTARES PRIVATE CREDIT FUND
Date:	May 2, 2025	By:	/s/ Monica Kelsey
			Name: Monica Kelsey Title: Chief Financial Officer