secwatch.observer — SEC 8-K summary
======================================

Issuer:     Nuveen Churchill Direct Lending Corp. (NCDL)
CIK:        0001737924
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001628280-24-005053
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuveen Churchill prices $297M CLO with four tranches of notes
-------------------------------------------------------------

- Priced $2M Class X (SOFR+1.40%), $175.5M Class A (SOFR+2.00%), $37.5M Class B (SOFR+2.65%), and $81.97M Subordinated Notes (retained).
- Securitization backed by diversified senior secured and second lien loans; maturity April 20, 2036.
- Closing expected on or around March 14, 2024; subject to ratings from S&P and customary conditions.
- Company will serve as collateral manager and waive management fees for the 2024 Issuer.
- All principal collections may be reinvested through April 20, 2028 under company direction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1737924/000162828024005053/0001628280-24-005053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1737924/000162828024005053/ncdlc-20240209.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-005053

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer