secwatch.observer — SEC 8-K summary
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Issuer:     Nuveen Churchill Direct Lending Corp. (NCDL)
CIK:        0001737924
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001628280-25-008425
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuveen Churchill Direct Lending Q4 2024 NII $0.56, NAV $18.18, declares $0.45 quarterly distribution
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- Q4 2024 net investment income $0.56/share; NAV per share $18.18, up from $18.15 in Q3.
- Declared Q1 2025 regular distribution $0.45/share payable April 28; also final special distribution $0.10 in April.
- Portfolio fair value $2.08B across 210 companies; 90.6% first-lien debt; one non-accrual (0.4% at cost).
- FY 2024 investment income $224M vs $161.8M in 2023; weighted average yield decreased to 10.33% from 11.72%.
- Issued $300M unsecured notes in Jan 2025; incentive fee on income waived through Q1 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1737924/000162828025008425/0001628280-25-008425-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1737924/000162828025008425/ncdlc-20250227.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-008425

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