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): November 19, 2020

Blackstone Private Credit Fund

(Exact name of registrant as specified in its charter)

Registrant’s telephone number, including area code: (212) 503-2100

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:

Securities registered pursuant to Section 12(b) of the Act: None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b–2 of the Securities Exchange Act of 1934.

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.  ☐

As of November 19, 2020, the following investments were purchased or committed to by Goldman Sachs Bank USA (the “Financing Provider”) under the facility agreement between the Financing Provider and Blackstone Private Credit Fund (the “Fund”), dated November 2, 2020 (as amended or restated from time to time, the “Facility Agreement”), previously described in the Fund’s Quarterly Report on Form 10-Q filed on November 16, 2020. Such investments were purchased or committed net of an average fee or original issue discount of 3.04% of par and have a weighted average coupon of LIBOR + 5.78%. As of November 19, 2020, 91% of the investments at fair value had a base rate floor above zero, and the weighted average rate floor of such investments was 0.9%. There can be no assurance that any investments committed to by the Financing Provider will close on the terms of such commitments or at all or that such investments will be acquired by the Fund under the Facility Agreement.

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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.