secwatch / observer
8-K filed November 27, 2023, 6:59 PM ET ticker NCDL CIK 0001737924
debt confidence high sentiment neutral materiality 0.65

Nuveen Churchill Direct Lending Corp. (NCDL): debt financing — Nuveen Churchill Direct Lending amends $300M credit facility; rate up, maturity extended to 2026

Nuveen Churchill Direct Lending Corp.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Nuveen Churchill Direct Lending Corp. amended credit facility with Sumitomo Mitsui Banking Corporation at Base Rate plus 1.65% or Term SOFR plus 2.65% maturing November 24, 2026.

Instrument
credit facility
Counterparty
Sumitomo Mitsui Banking Corporation
Rate
Base Rate plus 1.65% or Term SOFR plus 2.65%
Maturity
November 24, 2026
Event
amendment
Exact text from the filing
On November 21, 2023, Nuveen Churchill BDC SPV II, LLC (“SPV II”) and Nuveen Churchill BDC SPV IV, LLC (“SPV IV”), each a wholly owned subsidiary of Nuveen Churchill Direct Lending Corp. (the “Company”), entered into the First Amendment (the “Amendment”) to the Amended and Restated Loan and Servicing Agreement
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Nuveen Churchill Direct Lending Corp. amended First Amendment with Sumitomo Mitsui Banking Corporation (effective 2023-11-21).

Action
amendment
Agreement
credit facility
Counterparty
Sumitomo Mitsui Banking Corporation
Effective
2023-11-21
Exact text from the filing
On November 21, 2023, Nuveen Churchill BDC SPV II, LLC (“SPV II”) and Nuveen Churchill BDC SPV IV, LLC (“SPV IV”), each a wholly owned subsidiary of Nuveen Churchill Direct Lending Corp. (the “Company”), entered into the First Amendment (the “Amendment”) to the Amended and Restated Loan and Servicing Agreement (the “Loan Agreement”) by and among SPV II and SPV IV, as the borrowers (collectively, the “Borrowers”), the Company, as the servicer, Sumitomo Mitsui Banking Corporation, as the administrative agent and the lender, U.S. Bank Trust Company, National Association, as the collateral administrator, and U.S. Bank National Association, as the account bank and the collateral custodian.
View on SEC.gov

7 debt financings filed in the last 30 days. Browse all debt financings →

Nuveen Churchill Direct Lending Corp. filing history →

Source: SEC EDGAR
accession 0001628280-23-040035
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