Highest-materiality recent filing
Nuveen Churchill Q1 NII $0.41/shr, NAV $17.50, declares $0.38 Q2 distribution
Q1 net investment income $0.41 per share; net realized/unrealized loss of $0.23 per share; net asset value $17.50 (down from $17.72).
Q4 net investment income $0.44 per share; NAV per share $17.72, down from $17.85 at Q3.
NCDL prices ~$300M CLO refinancing; AAA notes at SOFR+1.38%
Total 2026 Debt of $299.7M: $125.5M AAA Class A-R Notes, $50M AAA Class A-L-R Loans, $37.5M AA Class B-R Notes, $86.7M Subordinated Notes.
Nuveen Churchill Direct Lending Q3 NII $0.43; NAV $17.85; declares $0.45 distribution
Net investment income of $0.43 per share; Q3 distribution of $0.45 per share paid Oct 28, 2025.
Nuveen Churchill Direct Lending Q2 NII $0.46/sh, NAV $17.92, declares $0.45 distribution
Q2 NII of $0.46/sh covers $0.45 distribution; net realized/unrealized loss $(0.14)/sh.
Nuveen Churchill Q1 NII $0.53/sh; NAV declines to $17.96; declares $0.45/sh distribution
Net investment income of $0.53 per share; net realized and unrealized loss of $(0.24) per share.
Nuveen Churchill Direct Lending Q4 2024 NII $0.56, NAV $18.18, declares $0.45 quarterly distribution
Q4 2024 net investment income $0.56/share; NAV per share $18.18, up from $18.15 in Q3.
Nuveen Churchill Direct Lending issues $300M of 6.650% Notes due 2030
$300M aggregate principal of 6.650% Notes due March 15, 2030, issued on Jan 22, 2025.
NCDL Q3 2024 NII of $0.58/share covers regular and special distributions; NAV up to $18.15
Net investment income of $0.58 per share; regular distribution of $0.45 and special of $0.10 per share.
Nuveen Churchill Direct Lending increases credit facility from $150M to $225M
Increased total committed facility under Wells Fargo Financing Facility from $150M to $225M.
Nuveen Churchill Direct Lending Q1 NII $0.56/sh, NAV $18.21, declares $0.45 dividend
Net investment income of $0.56 per share; net income $0.57 per share.
Nuveen Churchill closes $297M CLO-III securitization; reduces Wells Fargo facility to $150M
Closed $296.97M term debt securitization (CLO-III) on March 14, 2024; notes due April 20, 2036.
Nuveen Churchill Direct Lending adopts up to $99.3M share repurchase plan below NAV
Plan authorizes open-market purchases of up to $99,275,000 in common stock when price is below NAV per share.
Nuveen Churchill Direct Lending Q4 NII $0.66, NAV $18.13; declares $0.55/share distribution
Net investment income per share $0.66 (Q4 2023) vs $0.62 prior quarter; net income per share $0.73.
Nuveen Churchill prices $297M CLO with four tranches of notes
Priced $2M Class X (SOFR+1.40%), $175.5M Class A (SOFR+2.00%), $37.5M Class B (SOFR+2.65%), and $81.97M Subordinated Notes (retained).
Base management fee cut from 1.25% to 0.75% of Average Total Assets for Q1 2024 through Q1 2025, then steps to 1.00%.
Nuveen Churchill Direct Lending raises $142.4M in final drawdown; all capital commitments exhausted
Issued 7,888,094 shares of common stock at aggregate offering price of $142.4 million.
Nuveen Churchill Direct Lending amends $300M credit facility; rate up, maturity extended to 2026
Reinvestment period extended to Nov 2024; stated maturity extended to Nov 2026 (from Nov 2025).
Nuveen Churchill Direct Lending prices $298M CLO and issues $100M equity in November 2023
Priced a term debt securitization on Nov 2, 2023, with notes and loans totaling approximately $298M.
First Amendment to Revolving Credit Agreement entered on September 1, 2022 with Sumitomo Mitsui Banking Corporation as agent and lender.
Nuveen Churchill Direct Lending issues 2.65M shares for $50M in private placement
Issued 2,652,775 shares of common stock at aggregate offering price of ~$50M on Aug 1, 2022.
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.
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.
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.
Max materiality 0.75 · Median 0.55 · Most common event debt