{"url_path":"/sec/cik-0001803498/8-k/2026-05-21/item-8-01","section_key":"item-8-01","section_title":"Item 8.01 Other Events.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-21","source_url":"https://www.sec.gov/Archives/edgar/data/1803498/0001803498-26-000033-index.html","accession_number":"0001803498-26-000033","cik":"0001803498","ticker":null,"issuer_name":"Blackstone Private Credit Fund","edgar_url":"https://www.sec.gov/Archives/edgar/data/1803498/0001803498-26-000033-index.html","primary_entity_key":"0001803498","primary_entity_name":"Blackstone Private Credit Fund"},"word_count":443,"has_tables":true,"body_markdown":"Item 8.01 - Other Events.\n\nNet Asset Value\n\nThe net asset value (“NAV”) per share of each class of the Fund as of April 30, 2026, as determined in accordance with the Fund’s valuation policy, is set forth below.\n\nNAV as of April 30, 2026\n\nClass I Common Shares\n\n$\n\n24.06 \n\nClass S Common Shares\n\n$\n\n24.06 \n\nClass D Common Shares\n\n$\n\n24.06 \n\nAs of April 30, 2026, the Fund’s aggregate NAV was approximately $45.2 billion, the fair value of its investment portfolio was approximately $79.0 billion, and it had approximately $37.1 billion of debt outstanding (at principal). The average debt-to-equity leverage ratio during April 2026 was approximately 0.77 times. As of April 30, 2026, the Fund had approximately $51.6 billion in committed debt capacity, with 90% in floating rate leverage, of which 65% is secured, and 10% in fixed rate leverage, of which 70% is unsecured, based on drawn amounts.1 The Fund’s leverage sources are in the form of a corporate revolver (7%), asset-based credit facilities (30%), unsecured bonds (39%), secured short term indebtedness (3%), and collateralized loan obligation (CLO) and other secured debt instruments (21%) based on drawn amounts.\n\n1 Certain Notes are classified for the purposes of this filing as floating rate as a result of the Fund entering into interest rate swaps to effectively swap fixed notes payments for floating rate payments.\n\nStatus of Offering\n\nThe Fund is currently publicly offering on a continuous basis up to $45.0 billion in Shares (the “Offering”). Additionally, the Fund has sold unregistered shares as part of the Private Offering. The following table lists the Shares issued and total consideration for both the Offering and the Private Offering as of the date of this filing, reflective of transfers between share classes. The table below does not include Shares sold through the Fund’s distribution reinvestment plan. The Fund intends to continue selling Shares in the Offering and the Private Offering on a monthly basis.\n\nCommon Shares Issued\n\nTotal Consideration\n\nOffering:\n\nClass I Common Shares\n\n691,072,632\n\n$\n\n17.5 \n\nbillion\n\nClass S Common Shares\n\n604,604,730\n\n$\n\n15.4 \n\nbillion\n\nClass D Common Shares\n\n26,894,852\n\n$\n\n0.7 \n\nbillion\n\nPrivate Offering:\n\nClass I Common Shares\n\n913,672,371\n\n$\n\n23.2 \n\nbillion\n\nClass S Common Shares\n\n—\n\n— \n\nClass D Common Shares\n\n—\n\n— \n\nTotal Offering and Private Offering*\n\n2,236,244,584\n\n$\n\n56.8 \n\nbillion\n\n*Amounts may not sum due to rounding\n\nSIGNATURE\n\nPursuant 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.\n\nBLACKSTONE PRIVATE CREDIT FUND\n\nDate:\n\nMay 21, 2026\n\nBy:\n\n/s/ Lucie Enns\n\nName:\n\nLucie Enns\n\nTitle:\n\nChief Legal Officer and Secretary"}