secwatch.observer — SEC 8-K summary
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Issuer:     Nuveen Churchill Direct Lending Corp. (NCDL)
CIK:        0001737924
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001628280-25-023453
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuveen Churchill Q1 NII $0.53/sh; NAV declines to $17.96; declares $0.45/sh distribution
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- Net investment income of $0.53 per share; net realized and unrealized loss of $(0.24) per share.
- NAV per share fell to $17.96 from $18.18 at Dec 31, 2024; net increase from operations $0.29/sh.
- Declared Q2 regular distribution of $0.45/sh, payable July 28, 2025 to holders of record June 30, 2025.
- Portfolio fair value $2.08B across 210 companies; non-accrual at 0.4% of fair value (two companies).
- Issued $300M unsecured notes; refinanced CLO to lower borrowing costs; debt/equity ratio 1.31x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1737924/000162828025023453/0001628280-25-023453-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1737924/000162828025023453/ncdlc-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-023453

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