LGAM Private Credit LLC has successfully completed its tender offer, repurchasing 623,185 of its outstanding Common Units for approximately $3.98 million. This strategic move reflects the company's commitment to managing its capital structure and optimizing shareholder value.

The tender offer, which expired on October 1, 2026, was initiated at a price equal to the net asset value per Unit as of September 30, 2026. The repurchase price was set at $19.35 per Unit, indicating the company's valuation of its assets.

Background

LGAM Private Credit LLC is an emerging growth company based in New York, incorporated in Delaware. The company focuses on private credit investments, providing financing solutions to various sectors. It has been actively filing with the SEC, including recent filings such as 8-Ks and SC TO-I forms, reflecting its ongoing business activities.

What the Filing Says

The recent SEC filing, identified by accession number 0001193125-26-434346, details the completion of the tender offer and the total amount paid to unitholders. The filing states, "The Company paid on or about October 27, 2026 to the tendering unitholders a total of approximately $3,977,393 representing the net asset value as of September 30, 2026 of the total amount of the Units tendered by unitholders." This final amendment marks the conclusion of the tender offer process.

Impact

This tender offer impacts unitholders who participated in the offer, providing them with liquidity and a return on their investment. It also positions LGAM Private Credit favorably within the private credit industry, which may prompt competitors to evaluate their own capital management strategies in response to this activity.

What's Next

The filing does not say what happens next.