secwatch.observer — SEC 8-K summary
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Issuer:     Nuveen Churchill Direct Lending Corp. (NCDL)
CIK:        0001737924
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001628280-23-037234
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuveen Churchill Direct Lending prices $298M CLO and issues $100M equity in November 2023
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- Priced a term debt securitization on Nov 2, 2023, with notes and loans totaling approximately $298M.
- Notes include $2M AAA X (SOFR+2%), $100.5M AAA A-1 (SOFR+2.35%), $37.5M AA B (SOFR+3.2%), and $83M Subordinated (retained by company).
- Entered into $25M Class A-L-A and $50M Class A-L-B credit agreements, both at SOFR+2.35%, maturing Jan 2036.
- Issued 5,497,609 shares of common stock on Nov 3, 2023, raising approximately $100M from existing investors.
- Provided an investor presentation for Q3 2023, but specific financial performance figures were not detailed in this filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1737924/000162828023037234/0001628280-23-037234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1737924/000162828023037234/ncdlc-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-037234

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