Nuveen Churchill Direct Lending Corp. (NCDL)
NYSE: NCDL · IEX Real-Time Price · USD
17.55
-0.05 (-0.28%)
Jul 19, 2024, 4:00 PM EDT - Market closed

Company Description

Nuveen Churchill Direct Lending Corp. (the “Company”) is a business development company and was formed on March 13, 2018, as a limited liability company under the laws of the State of Delaware and was converted into a Maryland corporation on June 18, 2019 prior to the commencement of operations.

The Company is a closed-end, externally managed, non-diversified management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”).

The Company’s investment objective is to generate attractive risk-adjusted returns primarily through current income by investing primarily in senior secured loans to private equity-owned U.S. middle market companies, which the Company defines as companies with approximately $10.0 million to $100.0 million of earnings before interest, taxes, depreciation and amortization (“EBITDA”).

The Company will focus on privately originated debt to performing U.S. middle market companies, with a portfolio expected to comprise primarily of first-lien senior secured debt and unitranche loans (other than last-out positions in unitranche loans) (collectively “Senior Loans”).

The Company will also opportunistically invest in junior capital opportunities (second-lien loans, subordinated debt, last-out positions in unitranche loans and equity-related securities) (collectively “Junior Capital Investments”).

Nuveen Churchill Direct Lending Corp.
Nuveen Churchill Direct Lending logo
Country NY
Industry Asset Management
Sector Financials

Contact Details

Address:
375 Park Avenue, 9th Floor
New York, New York 10152
United States
Phone (212) 207-2003

Stock Details

Ticker Symbol NCDL
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001737924
ISIN Number US67090S1087

Latest SEC Filings

Date Type Title
Jun 3, 2024 8-K Current Report
May 22, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
May 9, 2024 8-K Current Report
May 9, 2024 10-Q Quarterly Report
Apr 15, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Apr 15, 2024 DEF 14A Other definitive proxy statements
Apr 15, 2024 8-K Current Report
Mar 20, 2024 8-K Current Report
Mar 11, 2024 8-K Current Report
Feb 27, 2024 8-K Current Report