Crescent Capital BDC ups credit facility to $500M, issues $50M notes, repays $111.6M

Crescent Capital BDC, Inc.

Ninth Amendment increases borrowing facility from $400M to $500M; spread rises from 1.95% to 2.00%.
Reinvestment period extended to May 21, 2029; maturity to May 21, 2031; non-usage fee reduced to 0.35%.
Issued $50M Tranche C senior unsecured notes at 5.97%, due May 22, 2029.
Repaid $111.6M of FCRX 5.00% unsecured notes in full on May 22, 2026.
Overall debt capacity increased; new notes carry higher coupon than retired notes.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Crescent Capital BDC, Inc. amended Ninth Amendment to Loan and Security Agreement with Wells Fargo Bank, National Association valued at $500.0 million (effective 2026-05-21).

Action: amendment
Agreement: credit facility
Counterparty: Wells Fargo Bank, National Association
Value: $500.0 million
Effective: 2026-05-21

Exact text from the filing

On May 21, 2026, Crescent Capital BDC Funding, LLC, a wholly owned subsidiary of Crescent Capital BDC, Inc. (the “Company”), entered into the Ninth Amendment to Loan and Security Agreement (the “Amendment”), which amends the Loan and Security Agreement, dated as of March 28, 2016, by and among the Company, as collateral manager, Crescent Capital BDC Funding, LLC, as borrower, and Wells Fargo Bank, National Association, as administrative agent, collateral agent, and lender.

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Crescent Capital BDC, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-241887

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