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T. ROWE PRICE OHA SELECT PRIVATE CREDIT FUND ANNOUNCES DECEMBER 31, 2025 FINANCIAL RESULTS AND DECLARED TOTAL DISTRIBUTIONS OF $0.69 PER SHARE IN Q4 2025
NEW YORK, March 12, 2026 /PRNewswire/ -- T. Rowe Price OHA Select Private Credit Fund (the "Company" or "OCREDIT") today reported financial results and total
About this update from T. Rowe Price Group, Inc.
[{"type":"text","content":"NEW YORK, March 12, 2026 /PRNewswire/ -- T. Rowe Price OHA Select Private Credit Fund (the \"Company\" or \"OCREDIT\") today reported financial results and total distributions of $0.69 per share for the quarter ended December 31, 2025.\n \n \n \n \n \n \n \nAs private credit remains a key driver of financing solutions within credit markets, OCREDIT closed the fourth quarter with the addition of 16 new portfolio companies across a diverse range of industries, representing portfolio net growth of nearly $210.1 million. OCREDIT's $2.9 billion investment portfolio is now comprised of exposure to 135 portfolio companies across 22 unique sectors, and a weighted average portfolio yield of 10.0%. \"OCREDIT remains focused on disciplined underwriting, portfolio quality, and risk management amid a volatile and dynamic market environment,\" said Eric Muller, OCREDIT'S Chief Executive Officer. \"Private credit continues to play an important role for investors, supported by fundamental credit selection, structural protections, and direct engagement with borrowers. We believe these characteristics position the asset class well to navigate periods of uncertainty.\"QUARTERLY HIGHLIGHTSInception-to-date1 annualized total return of 11.87%2;Net investment income per share was $0.65 with weighted average yield on debt and income producing investments, at amortized cost of 10.0%3, and earnings per share were $0.63;Distributions declared were $0.69 with a dividend yield of 10.3%;Net asset value per share as of December 31, 2025 was $26.89;Gross investment fundings were $464.6 million;Debt-to-equity as of December 31, 2025 was 0.90x, as compared to 0.80x as of September 30, 2025;The Company had total net debt outstanding of $1,441.9 million with a weighted average interest rate of debt of 6.5%. In the fourth quarter, TRP OHA SPV Funding I, LLC, a wholly owned subsidiary of OCREDIT, entered into the Third Amendment (the \"Third Amendment\") to the BNP Credit Agreement. The Third Amendment, among other things, (i) increased the maximum facility amount from $400.0 million to $500.0 million, (ii) reduced the applicable margin for advances to 1.85% per annum prior to the end of the reinvestment period, and (iii) updated the unused fee structure.During the fourth quarter of 2025, the Company issued 1,641,708 of Class I common shares for proceeds of $44.1 mi...