{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-221986","form_type":"8-K","ticker":"CCAP","cik":"0001633336","company_name":"Crescent Capital BDC, Inc.","filed_at":"2026-05-13T21:24:33+00:00","discovered_at":"2026-05-13T21:26:00.366174+00:00","generated_at":"2026-05-13T21:28:32.052262+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Crescent BDC reports Q1 2026 NII $0.42, net loss ($0.42) per share; NAV $18.27; fees reduced; $0.43 total dividend","bullets":["Net investment income of $15.5M ($0.42/share) vs $16.5M ($0.45) prior quarter; net loss of ($15.5M) or ($0.42)/share.","NAV per share fell to $18.27 from $19.10 at Dec 31, 2025, driven by net realized/unrealized losses.","Base management fee cut from 1.25% to 1.00% and incentive fee from 17.5% to 15.0% effective April 1.","Declared Q2 2026 base dividend $0.34/share + three special dividends totaling $0.09/share, payable through Dec 2026.","Total investment income $37.9M, down from $40.8M; interest income declined due to lower benchmark rates and restructurings."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-221986","json":"https://secwatch.observer/filing/0001193125-26-221986.json","markdown":"https://secwatch.observer/filing/0001193125-26-221986.md","text":"https://secwatch.observer/filing/0001193125-26-221986.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1633336/000119312526221986/0001193125-26-221986-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1633336/000119312526221986/ccap-20260513.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-13T21:28:32.052262+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}