other material
confidence high
sentiment positive
materiality 0.60
Crescent Capital BDC reports no direct exposure to SVB or Signature; limited portfolio company deposits at SVB
Crescent Capital BDC, Inc.
- Crescent BDC has no cash accounts, deposits, or credit facilities with Silicon Valley Bank or Signature Bank.
- Portfolio companies with SVB deposit accounts represent immaterial balance; depositor protection provided by Treasury/FDIC.
- No portfolio companies have SVB or Signature as participants in their credit facilities; no liquidity impact expected.
- Crescent Capital Group, the adviser, also has no direct exposure to SVB or Signature.