debt
confidence high
sentiment positive
materiality 0.60
Nuveen Churchill Direct Lending increases credit facility from $150M to $225M
Nuveen Churchill Direct Lending Corp.
- Increased total committed facility under Wells Fargo Financing Facility from $150M to $225M.
- Amendment dated August 27, 2024; Wells Fargo Bank, N.A. serves as lender and administrative agent.
- Facility maturity remains March 31, 2027; facility amount can be increased up to $250M with lender consent.
- Borrower is Nuveen Churchill BDC SPV V LLC; collateral manager and equity investor is Nuveen Churchill Direct Lending.