{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-066479","form_type":"8-K","ticker":"CCAP","cik":"0001633336","company_name":"Crescent Capital BDC, Inc.","filed_at":"2023-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.934932+00:00","generated_at":"2026-06-18T05:31:46.029314+00:00","sec_items":["1.01","2.03","2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Crescent Capital BDC completes merger with First Eagle BDC; combined assets >$1.6B","bullets":["FCRD stockholders received $0.29 cash, 0.20635 CCAP shares, and $1.17 transaction support per share.","CCAP issued ~6.17M shares; legacy CCAP holders own ~83%, former FCRD holders ~17% of combined company.","Sun Life committed to purchase up to $20M of CCAP shares via share purchase program for secondary-market support.","Combined company >$1.6B assets based on Dec 31, 2022 info; expected to be accretive to core earnings.","Merger increases market presence and asset diversification while maintaining senior secured, first lien-focused portfolio."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-066479","json":"https://secwatch.observer/filing/0001193125-23-066479.json","markdown":"https://secwatch.observer/filing/0001193125-23-066479.md","text":"https://secwatch.observer/filing/0001193125-23-066479.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1633336/000119312523066479/0001193125-23-066479-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1633336/000119312523066479/d456056d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T05:31:46.029314+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"45691d0adff498ea4f22e863379c8bc257094920","claim":"Crescent Capital BDC, Inc. incurred senior notes of $111.6 million with U.S. Bank National Association at 5.00% per year maturing May 25, 2026.","evidence_excerpt":"On March 9, 2023, CCAP entered into a fifth supplemental indenture (the \"Fifth Supplemental Indenture\") by and between CCAP and U.S. Bank National Association, as trustee (the \"Trustee\"), effective as of the closing of the Third Merger. The Fifth Supplemental Indenture relates to CCAP's assumption of $111.6 million in aggregate principal amount of FCRD's 5.00% Notes due 2026 (the \"Notes\").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633336/000119312523066479/0001193125-23-066479-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$111.6 million"},{"label":"Counterparty","value":"U.S. Bank National Association"},{"label":"Rate","value":"5.00% per year"},{"label":"Maturity","value":"May 25, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"1b22cc59417bb331ba2904bc83a6ad5bec1f8c3e","claim":"Crescent Capital BDC, Inc. completed an acquisition involving First Eagle Alternative Capital BDC, Inc. for cash and shares of CCAP common stock (closed 2023-03-09).","evidence_excerpt":"On March 9, 2023, Crescent Capital BDC, Inc, a Maryland corporation (“CCAP”) completed its previously announced acquisition of First Eagle Alternative Capital BDC, Inc., a Delaware corporation (“FCRD”), pursuant to the Agreement and Plan of Merger","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633336/000119312523066479/0001193125-23-066479-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"First Eagle Alternative Capital BDC, Inc."},{"label":"Consideration","value":"cash and shares of CCAP common stock"},{"label":"Closing","value":"2023-03-09"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}