Nuveen Churchill Direct Lending Corp. Amends Revolving Credit Facility, Extends Maturity and Switches to SOFR

Nuveen Churchill Direct Lending Corp.

First Amendment to Revolving Credit Agreement entered on September 1, 2022 with Sumitomo Mitsui Banking Corporation as agent and lender.
Benchmark changed from LIBOR to Secured Overnight Financing Rate (SOFR) for computing interest on the credit facility.
Maturity date extended from September 9, 2022 to September 8, 2023.
Facility extension fee of $125,000 paid to the administrative agent.
Amendment also updated loan documents to reflect new benchmark and remove LIBOR provisions.

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