---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-197715"
form_type: "8-K"
ticker: "CCAP"
cik: "0001633336"
company_name: "Crescent Capital BDC, Inc."
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T23:04:28.269104+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Crescent Capital BDC issues $50M 7.54% senior notes due 2026, repays $51.5M in 5.95% notes

## Summary
- Issued $50M aggregate principal of 7.54% senior unsecured notes due July 28, 2026.
- Repaid ~$51.5M to retire all outstanding $50M 5.95% Series 2020A Notes with accrued interest.
- Interest rate may increase up to 1.00% if notes lack BBB- rating; change-in-control put exists.
- Notes rank pari passu with unsecured unsubordinated debt; net proceeds for debt repayment and general purposes.

## SEC filing metadata
- accession: 0001193125-23-197715
- form_type: 8-K
- ticker: CCAP
- cik: 0001633336
- company_name: Crescent Capital BDC, Inc.
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1633336/000119312523197715/0001193125-23-197715-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1633336/000119312523197715/d510826d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-197715
- JSON: https://secwatch.observer/filing/0001193125-23-197715.json
- Plain text: https://secwatch.observer/filing/0001193125-23-197715.txt

## Key facts
- Debt Financings
  Crescent Capital BDC, Inc. incurred senior notes of $50 million with Qualified Institutional Investors at 7.54% maturing July 28, 2026.
  - Instrument: senior notes
  - Principal: $50 million
  - Counterparty: Qualified Institutional Investors
  - Rate: 7.54%
  - Maturity: July 28, 2026
  - Event: incurrence
  source text: On July 28, 2023, Crescent Capital BDC, Inc., a Maryland corporation (the “ Company ”) issued approximately $50 million in aggregate principal amount of 7.54% senior unsecured notes due July 28, 2026 (the “ Series 2023A Notes ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633336/000119312523197715/0001193125-23-197715-index.htm
- Material Agreements
  Crescent Capital BDC, Inc. entered into Second Supplement to the Note Purchase Agreement with qualified institutional investors named therein valued at approximately $50 million (effective 2023-05-08).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: qualified institutional investors named therein
  - Value: approximately $50 million
  - Effective: 2023-05-08
  source text: the Company, entered into a Second Supplement to the Note Purchase Agreement (the “ Second Supplement ”) by and among the Company, the qualified institutional investors named therein (the “ Series 2023A Additional Purchasers ”) governing the issuance of the 2023A Notes
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633336/000119312523197715/0001193125-23-197715-index.htm
- Material Agreements
  Crescent Capital BDC, Inc. terminated Series 2020A Notes valued at $50 million (effective 2023-07-28).
  - Action: termination
  - Agreement: notes offering
  - Value: $50 million
  - Effective: 2023-07-28
  source text: The Company also repaid all outstanding indebtedness and interest on $50 million in aggregate principal amount of its 5.95% senior unsecured notes due July 30, 2023 (the “ Series 2020A Notes ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1633336/000119312523197715/0001193125-23-197715-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.