debt
confidence high
sentiment neutral
materiality 0.50
Nuveen Churchill Private Capital Income Fund: debt financing — Nuveen Churchill amends revolving credit facility; reduces rate component, extends Make-Whole Fee
Nuveen Churchill Private Capital Income Fund
- Amendment reduces the applicable rate for qualifying syndicated loans from 1.75% to 1.60%.
- Make-Whole Fee schedule: 2.0% before Dec 19, 2025; 0.5% through Dec 18, 2026; 0.0% thereafter.
- Amendment entered on Feb 6, 2025, by subsidiary NCPCIF SPV II LLC as borrower.
- Fund is servicer; Bank of America remains administrative agent.