AB Private Lending Fund has declared regular distributions for their Class I shareholders at $1.37 per share, payable on or about October 23, 2024, to shareholders of record as of September 27, 2024. Shareholders can choose to receive these distributions in cash or reinvest them in shares. As of September 30, the Fund's net asset value was $25.10 per Class I share, and its aggregate net asset value reached approximately $111 million. The Fund's investment portfolio was valued at about $311 million against debt of approximately $168 million. The company is also in the process of a continuous public offering aiming to sell up to $1.0 billion in common shares and has already conducted a private offering of Class I shares, amounting to over 4.43 million shares for consideration of $110.9 million.
Names and positions for clarity: AB Private Lending Fund, Leon Hirth (Secretary).