Nuveen Churchill Direct Lending Corp. — fact timeline
Source-grounded facts extracted from Nuveen Churchill Direct Lending Corp.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Nuveen Churchill Direct Lending Corp. shareholders approved Election of Class III Directors at the 2026-05-21 meeting.
“Proposal 1 – Election of Class III Directors The following individuals, constituting all the director nominees named in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 7, 2026, were elected to serve as Class III directors of the Company until the 2029 annual meeting of shareholders or until their respective successor is duly elected and qualified. The following votes were taken in connection with this proposal: Director Votes For Votes Withheld Kenneth Kencel 25,473,474 258,553 Stephen Potter 23,945,683 1,786,344”
Earnings Releases
Nuveen Churchill Direct Lending Corp. reported financial results for first quarter ended March 31, 2026.
“NEW YORK, May 7, 2026 - Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) (“NCDL” or the “Company”), a business development company externally managed by its investment adviser, Churchill DLC Advisor LLC (the “Adviser”), and by its sub-adviser, Churchill Asset Management LLC (“Churchill”), today reported financial results for the first quarter ended March 31, 2026.”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred debt of $86.7 million of Subordinated Notes (which includes $83,060,000 Subordinated Notes issued on the Original Closing Date) maturing January 20, 2039.
“which will bear interest at the three-month Term SOFR plus 1.38%; $37.5 million of AA Class B-R Notes, which will bear interest at the three-month Term SOFR plus 1.70%; and $86.7 million of Subordinated Notes (which includes $83,060,000 Subordinated Notes issued on the Original Closing Date), which do not bear interest. The Company will directly retain all of the”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred senior notes of $37.5 million of AA Class B-R Notes at three-month Term SOFR plus 1.70% maturing January 20, 2039.
“Notes, which will bear interest at the three-month Term SOFR plus 1.38%; $50 million of AAA Class A-L-R Loans, which will bear interest at the three-month Term SOFR plus 1.38%; $37.5 million of AA Class B-R Notes, which will bear interest at the three-month Term SOFR plus 1.70%; and $86.7 million of Subordinated Notes (which includes $83,060,000 Subordinated Notes”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred debt of $50 million of AAA Class A-L-R Loans with U.S. Bank Trust Company, National Association at three-month Term SOFR plus 1.38% maturing January 20, 2039.
“2026 Notes, the “2026 Debt”). The 2026 Debt is expected to consist of $125.5 million of AAA Class A-R Notes, which will bear interest at the three-month Term SOFR plus 1.38%; $50 million of AAA Class A-L-R Loans, which will bear interest at the three-month Term SOFR plus 1.38%; $37.5 million of AA Class B-R Notes, which will bear interest at the three-month Term”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred senior notes of $125.5 million of AAA Class A-R Notes with SG Americas Securities, LLC at three-month Term SOFR plus 1.38% maturing January 20, 2039.
“to which the 2026 Issuer will agree to incur certain of the loans (the “2026 Loans” and together with the 2026 Notes, the “2026 Debt”). The 2026 Debt is expected to consist of $125.5 million of AAA Class A-R Notes, which will bear interest at the three-month Term SOFR plus 1.38%; $50 million of AAA Class A-L-R Loans, which will bear interest at the three-month Term”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred loan of $79.325 million with SG Americas Securities, LLC at do not bear interest maturing April 20, 2038.
“$79.325 million were issued on the Original Closing Date and remained outstanding on the Refinancing Date”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred term loan of $30 million of AAA Class A-L-R 2025 Loans with various financial institutions and other persons at three-month Term SOFR plus 1.38% maturing April 20, 2038.
“various financial institutions and other persons which are, or may become, parties thereto as lenders (the "Class A-L-R Lenders") committed to make $30 million of AAA Class A-L-R 2025 Loans”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred senior notes of $56.25 million of AA Class B-R 2025 Notes with U.S. Bank Trust Company, National Association at three-month Term SOFR plus 1.70% maturing April 20, 2038.
“$56.25 million of AA Class B-R 2025 Notes, which bear interest at the three-month Term SOFR plus 1.70%”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred senior notes of $233.25 million of AAA Class A-R 2025 Notes with U.S. Bank Trust Company, National Association at three-month Term SOFR plus 1.38% maturing April 20, 2038.
“$233.25 million of AAA Class A-R 2025 Notes, which bear interest at the three-month Term SOFR plus 1.38%”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred senior notes of $1.9 million of AAA Class X 2025 Notes with U.S. Bank Trust Company, National Association at three-month Term SOFR plus 1.05% maturing April 20, 2038.
“notes offered in the 2025 Debt Securitization Refinancing (the “2025 Notes”) were issued by the 2025 Issuer, pursuant to an indenture and security agreement (the “Indenture”), dated as of May 20, 2022 (the “Original Closing Date”), between the 2025 Issuer and U.S. Bank Trust Company, National Association, as trustee (in such capacity, the “Trustee”), as amended by a supplemental indenture (the “Supplemental Indenture”), dated as of the Refinancing Date, among the 2025 Issuer and the Trustee, and consented to by the Company, as collateral manager, retention holder and subordinated noteholder.”
Michael Perry resigned as director at Nuveen Churchill Direct Lending Corp..
“On February 10, 2025, Michael Perry notified the Board of Directors (the "Board") of Nuveen Churchill Direct Lending Corp. (the "Company") that he was resigning as a director of the Board, effective immediately.”
Earnings Releases
Nuveen Churchill Direct Lending Corp. reported first quarter ended March 31, 2024 results: revenue $51.6 million, EPS $0.57 per share.
“there were no loans on non-accrual. RESULTS OF OPERATIONS Investment Income Investment income, primarily attributable to interest and fees on our debt investments, increased to $51.6 million for the three months ended March 31, 2024, from $34.0 million for the three months ended March 31, 2023, primarily due to an increase in interest income from higher weighted”
Material Agreements
Nuveen Churchill Direct Lending Corp. amended Amendment No. 1 with Sumitomo Mitsui Banking Corporation (effective 2024-04-09).
“On April 9, 2024, Nuveen Churchill Direct Lending Corp. (the “Company”), a Maryland corporation, entered into Amendment No. 1 (“Amendment No. 1”) to the Senior Secured Revolving Credit Agreement, dated as of June 23, 2023 (as amended by the First Amendment, the “Revolving Credit Agreement” and facility thereunder, the “Revolving Credit Facility”), by and among the Company, as borrower, NCDL Equity Holdings LLC, as subsidiary guarantor, the lenders and issuing banks party thereto, Sumitomo Mitsui Banking Corporation, as administrative agent for the lenders.”
Debt Financings
Nuveen Churchill Direct Lending Corp. amended revolving credit of $150 million with Wells Fargo Bank, National Association.
“The Amendment, among other changes, decreases the maximum facility amount available under the Loan Agreement from $275 million to $150 million”
Material Agreements
Nuveen Churchill Direct Lending Corp. amended Third Amendment to Loan and Security Agreement with Wells Fargo Bank, National Association valued at decreases the maximum facility amount available under the Loan Agreement from $275 million to $150 m (effective 2024-03-14).
“Also, on March 14, 2024 (the “Amendment Date”), Nuveen Churchill BDC SPV V, LLC (“SPV V”), a wholly owned subsidiary of the Company, entered into the Third Amendment to Loan and Security Agreement (the “Amendment”)”
Material Agreements
Nuveen Churchill Direct Lending Corp. entered into Indenture with Churchill NCDLC CLO-III, LLC valued at $296,970,000 (effective 2024-03-14).
“The notes offered in the 2024 Debt Securitization (the “2024 Notes”) were issued by Churchill NCDLC CLO-III, LLC (formerly known as Nuveen Churchill BDC SPV III, LLC) (the “2024 Issuer”), a direct, wholly owned, consolidated subsidiary of the Company, pursuant to an indenture (the “Indenture”) dated as of the Closing Date.”
Earnings Releases
Nuveen Churchill Direct Lending Corp. reported the three months ended December 31, 2023 results: net income Net income per share of $0.73, EPS $0.73.
“Net income per share of $0.73, compared to $0.58”
Earnings Releases
Nuveen Churchill Direct Lending Corp. reported the fourth quarter and fiscal year ended December 31, 2023 results: revenue $161.8 million.
“0.74% at fair value) as of December 31, 2022. RESULTS OF OPERATIONS Investment Income Investment income, attributable to interest and fees on our debt investments, increased to $161.8 million for the year ended December 31, 2023, from $82.5 million for the prior year, primarily due to an increase in interest income from higher weighted average interest rates and”
Charmagne Kukulka was appointed as Chief Compliance Officer at Nuveen Churchill Direct Lending Corp..
“In connection with the foregoing, on February 20, 2024, the Board appointed Charmagne Kukulka as the Chief Compliance Officer of the Company, effective as of March 1, 2024.”
John D. McCally resigned as Chief Compliance Officer at Nuveen Churchill Direct Lending Corp..
“On February 20, 2024, John D. McCally submitted his resignation as the Chief Compliance Officer of Nuveen Churchill Direct Lending Corp. (the “ Company ”) to the Company’s board of directors (the “ Board ”), effective as of March 1, 2024.”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred debt of $81,970,000 of Subordinated Notes with Wells Fargo Securities, LLC maturing April 20, 2036.
“In connection with pricing of the 2024 Debt Securitization, on February 9, 2024, the Company and the 2024 Issuer entered into a Purchase and Placement Agreement (the “Purchase and Placement Agreement”) with Wells Fargo Securities, LLC, as initial purchaser (in such capacity, the “Initial Purchaser”), pursuant to which the 2024 Issuer agreed to sell certain of the notes (the “2024 Notes”) to be issued pursuant to an indenture to the Initial Purchaser as part of the 2024 Debt Securitization.”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred senior notes of $37,500,000 of AA Class B Notes with Wells Fargo Securities, LLC at the three-month Term SOFR plus 2.65% maturing April 20, 2036.
“$37,500,000 of AA Class B Notes, which bear interest at the three-month Term SOFR plus 2.65%”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred senior notes of $175,500,000 of AAA Class A Notes with Wells Fargo Securities, LLC at the three-month Term SOFR plus 2.00% maturing April 20, 2036.
“$175,500,000 of AAA Class A Notes, which bear interest at the three-month Term SOFR plus 2.00%”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred senior notes of $2,000,000 of AAA Class X Notes with Wells Fargo Securities, LLC at the three-month Term SOFR plus 1.40% maturing April 20, 2036.
“The 2024 Notes consist of $2,000,000 of AAA Class X Notes, which bear interest at the three-month Term SOFR plus 1.40%”
Material Agreements
Nuveen Churchill Direct Lending Corp. entered into Purchase and Placement Agreement with Wells Fargo Securities, LLC valued at $2,000,000 AAA Class X Notes at 3-month Term SOFR + 1.40%; $175,500,000 AAA Class A Notes at 3-month (effective 2024-02-09).
“On February 9, 2024, Nuveen Churchill Direct Lending Corp. (the “Company”) priced a term debt securitization (the “2024 Debt Securitization”). Term debt securitization is also known as a collateralized loan obligation and is a form of secured financing incurred by Churchill NCDLC CLO-III, LLC (the “2024 Issuer”), a direct, wholly-owned, consolidated subsidiary of the Company. In connection with pricing of the 2024 Debt Securitization, on February 9, 2024, the Company and the 2024 Issuer entered into a Purchase and Placement Agreement (the “Purchase and Placement Agreement”) with Wells Fargo Securities, LLC, as initial purchaser (in such capacity, the “Initial Purchaser”), pursuant to which the 2024 Issuer agreed to sell certain of the notes (the “2024 Notes”) to be issued pursuant to an indenture to the Initial Purchaser as part of the 2024 Debt Securitization.”
Shareholder Votes
Nuveen Churchill Direct Lending Corp. shareholders approved Proposal 3 – authorize the Company to sell or issue shares below net asset value per share at the 2023-12-15 meeting.
“Proposal 3 – The proposal to authorize the Company, subject to the approval of the Company's board of directors, to sell or otherwise issue shares during the next year at a price below the Company’s then current net asset value per share, subject to certain conditions as set forth in the proxy statement, was approved by the following vote: All shareholders: Votes For Votes Against Votes Withheld Broker Non-Votes 24,275,632 3,257,336 493,156 —”
Shareholder Votes
Nuveen Churchill Direct Lending Corp. shareholders approved Proposal 2 – investment sub-advisory agreement at the 2023-12-15 meeting.
“Proposal 2 – The investment sub-advisory agreement by and among the Adviser, Churchill Asset Management LLC and Nuveen Asset Management, LLC, acting through its leveraged finance division, to manage certain of the Company's liquid investments (the “NAM Sub-Advisory Agreement ” ) was approved by the following vote: Votes For Votes Against Votes Withheld Broker Non-Votes 27,942,913 55,358 27,853 —”
Shareholder Votes
Nuveen Churchill Direct Lending Corp. shareholders approved Proposal 1 – amended and restated investment advisory agreement at the 2023-12-15 meeting.
“Proposal 1 – The amended and restated investment advisory agreement (the “Amended Advisory Agreement ” ) by and between the Company and Churchill DLC Advisor LLC (the “Adviser ” ) was approved by the following vote: Votes For Votes Against Votes Withheld Broker Non-Votes 27,984,303 6,167 35,654 —”
Material Agreements
Nuveen Churchill Direct Lending Corp. entered into Class A-L-B Loan Agreement with various financial institutions and other persons which are, or may become, parties thereto as lenders valued at $50 million (effective 2023-12-07).
“a loan agreement (the “Class A-L-B Loan Agreement” and, together with the Class A-L-A Loan Agreement, the “Loan Agreements”), pursuant to which various financial institutions and other persons which are, or may become, parties thereto as lenders (the “Class A-L-B Lenders”) committed to make $50 million of AAA Class A-L-B 2023 Loans to the 2023 Issuer”
Material Agreements
Nuveen Churchill Direct Lending Corp. entered into Class A-L-A Loan Agreement with various financial institutions and other persons which are, or may become, parties thereto as lenders valued at $25 million (effective 2023-12-07).
“the 2023 Issuer also entered into a loan agreement (the “Class A-L-A Loan Agreement”), pursuant to which various financial institutions and other persons which are, or may become, parties thereto as lenders (the “Class A-L-A Lenders”) committed to make $25 million of AAA Class A-L-A 2023 Loans to the 2023 Issuer”
Material Agreements
Nuveen Churchill Direct Lending Corp. entered into Placement Agreement with SMBC Nikko Securities America, Inc., as placement agent and Capital One Securities, Inc., as co-placement agent (effective 2023-12-07).
“the 2023 Issuer entered into a Placement Agreement (the “Placement Agreement”) with SMBC Nikko Securities America, Inc., as placement agent (in such capacity, the “Placement Agent”) and Capital One Securities, Inc., as co-placement agent (in such capacity, the “Co-Placement Agent” and, together with the Placement Agent, the “Placement Agents”)”
Material Agreements
Nuveen Churchill Direct Lending Corp. entered into Indenture and security agreement with Churchill NCDLC CLO-II, LLC valued at $298,060,000 (effective 2023-12-07).
“The notes offered in the 2023 Debt Securitization (the “2023 Notes”) were issued by Churchill NCDLC CLO-II, LLC (formerly known as Nuveen Churchill BDC SPV II, LLC) (the “2023 Issuer”), a direct, wholly-owned, consolidated subsidiary of the Company, pursuant to an indenture and security agreement (the “Indenture”) dated as of the Closing Date.”
Debt Financings
Nuveen Churchill Direct Lending Corp. amended credit facility with Sumitomo Mitsui Banking Corporation at Base Rate plus 1.65% or Term SOFR plus 2.65% maturing November 24, 2026.
“On November 21, 2023, Nuveen Churchill BDC SPV II, LLC (“SPV II”) and Nuveen Churchill BDC SPV IV, LLC (“SPV IV”), each a wholly owned subsidiary of Nuveen Churchill Direct Lending Corp. (the “Company”), entered into the First Amendment (the “Amendment”) to the Amended and Restated Loan and Servicing Agreement”
Material Agreements
Nuveen Churchill Direct Lending Corp. amended First Amendment with Sumitomo Mitsui Banking Corporation (effective 2023-11-21).
“On November 21, 2023, Nuveen Churchill BDC SPV II, LLC (“SPV II”) and Nuveen Churchill BDC SPV IV, LLC (“SPV IV”), each a wholly owned subsidiary of Nuveen Churchill Direct Lending Corp. (the “Company”), entered into the First Amendment (the “Amendment”) to the Amended and Restated Loan and Servicing Agreement (the “Loan Agreement”) by and among SPV II and SPV IV, as the borrowers (collectively, the “Borrowers”), the Company, as the servicer, Sumitomo Mitsui Banking Corporation, as the administrative agent and the lender, U.S. Bank Trust Company, National Association, as the collateral administrator, and U.S. Bank National Association, as the account bank and the collateral custodian.”
Earnings Releases
Nuveen Churchill Direct Lending Corp. reported financial results for the quarter ended September 30, 2023.
“On November 7, 2023, Nuveen Churchill Direct Lending Corp. (the “Company”) provided an investor presentation to its shareholders summarizing certain financial and performance information for the quarter ended September 30, 2023.”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred loan of $50,000,000 with U.S. Bank Trust Company, National Association, as trustee and loan agent at three-month Term SOFR plus 2.35% maturing January 20, 2036.
“Pursuant to the Class A-L-B Credit Agreement, the Class A-L-B Lenders will make $50,000,000 of AAA A-L-B Loans to the Company, which bear interest at the three-month Term SOFR plus 2.35% and will be fully drawn upon closing of the transactions.”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred loan of $25,000,000 with U.S. Bank Trust Company, National Association, as trustee and loan agent at three-month Term SOFR plus 2.35% maturing January 20, 2036.
“Pursuant to the Class A-L-A Credit Agreement, the Class A-L-A Lenders will make $25,000,000 of AAA A-L-A 2023 Loans to the Company, which bear interest at the three-month Term SOFR plus 2.35% and will be fully drawn upon closing of the transactions.”
Debt Financings
Nuveen Churchill Direct Lending Corp. incurred debt of $2,000,000 of AAA Class X Notes, $100,500,000 of AAA Class A-1 Notes, $37,500,000 of AA Class B Notes, and approximately with SMBC Nikko Securities America, Inc., as placement agent maturing January 20, 2036.
“The 2023 Notes consist of $2,000,000 of AAA Class X Notes, which bear interest at the three-month Term SOFR plus 2.00%; $100,500,000 of AAA Class A-1 Notes, which bear interest at the three-month Term SOFR plus 2.35%; $37,500,000 of AA Class B Notes, which bear interest at the three-month Term SOFR plus 3.20%; and approximately $83,060,000 of Subordinated Notes, which do not bear interest.”
Earnings Releases
Nuveen Churchill Direct Lending Corp. reported preliminary financial results for quarter ended June 30, 2023.
“On August 10, 2023, Nuveen Churchill Direct Lending Corp. provided an investor presentation to its shareholders summarizing certain financial and performance information for the quarter ended June 30, 2023.”
Material Agreements
Nuveen Churchill Direct Lending Corp. entered into Senior Secured Revolving Credit Agreement with Sumitomo Mitsui Banking Corporation (administrative agent, sole bookrunner) and Wells Fargo Securities, LLC (joint lead arranger) valued at Initial maximum principal amount of $185,000,000, subject to increase to $300,000,000 through accord (effective 2023-06-23).
“On June 23, 2023, Nuveen Churchill Direct Lending Corp. (the “ Company ”), a Maryland corporation, entered into a Senior Secured Revolving Credit Agreement (the “ Revolving Credit Agreement ”). The parties to the Revolving Credit Agreement include the Company, as borrower, the lenders from time to time parties thereto, Sumitomo Mitsui Banking Corporation, as administrative agent, Sumitomo Mitsui Banking Corporation and Wells Fargo Securities, LLC, as joint lead arrangers and Sumitomo Mitsui Banking Corporation, as sole bookrunner (the " Facility ").”
Shareholder Votes
Nuveen Churchill Direct Lending Corp. shareholders approved Election of Two Class III Directors at the 2023-05-18 meeting.
“Proposal 1 – Election of Two Class III Directors The following individuals, constituting all the director nominees named in the Company's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 4, 2023, were elected to serve as Class III directors of the Company until the 2026 annual meeting of shareholders and until their respective successor is duly elected and qualified.”
Earnings Releases
Nuveen Churchill Direct Lending Corp. reported preliminary financial results for for the quarter ended March 31, 2023.
“On May 10, 2023, Nuveen Churchill Direct Lending Corp. provided an investor presentation to its shareholders summarizing certain financial and performance information for the quarter ended March 31, 2023.”
Earnings Releases
Nuveen Churchill Direct Lending Corp. reported financial results for the quarter ended December 31, 2022.
“On March 14, 2023, Nuveen Churchill Direct Lending Corp. provided an investor presentation to its shareholders summarizing certain financial and performance information for the quarter ended December 31, 2022.”
Earnings Releases
Nuveen Churchill Direct Lending Corp. reported financial results for quarter ended September 30, 2022.
“On November 16, 2022, Nuveen Churchill Direct Lending Corp. provided an investor presentation to its shareholders summarizing certain financial and performance information for the quarter ended September 30, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.