Nuveen Churchill Private Capital Income Fund: M&A transaction — Nuveen Churchill Private Capital Income Fund completes acquisition of Nuveen Churchill Private Credit Fund for $221M

Nuveen Churchill Private Capital Income Fund

Purchase price $220,977,302 equal to NCPCF NAV as of Dec 9, 2024; funded with $217.6M borrowing under Fund's credit facility.
NCPCF's unaudited financials as of Oct 31, 2024: net assets $218.8M, net investment income $8.9M for period June 29 to Oct 31.
The Fund assumed $281.5M of NCPCF's outstanding credit facility debt as part of the transaction.
Shareholders of NCPCF approved the deal on Dec 5, 2024; boards of both funds also approved.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Nuveen Churchill Private Capital Income Fund completed an acquisition involving Nuveen Churchill Private Credit Fund for $220,977,302 (closed 2024-12-11).

Action: acquisition
Counterparty: Nuveen Churchill Private Credit Fund
Consideration: $220,977,302
Closing: 2024-12-11

Exact text from the filing

on NCPCF’s Board. Pursuant to the Purchase Agreement, at the Effective Time (as defined in the Purchase Agreement), the Fund delivered to NCPCF an aggregate purchase price of $220,977,302 (the “Purchase Price”), equal to the net asset value of NCPCF as of December 9, 2024, at which time NCPCF sold, transferred, assigned and conveyed to the Fund substantially all of

View on SEC.gov

Browse all m&a transactions →

Source: SEC EDGAR

accession 0001628280-24-052041

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.