Nuveen Churchill Direct Lending Corp. (NCDL)
NYSE: NCDL · Real-Time Price · USD
17.53
-0.07 (-0.40%)
Oct 11, 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 United States
Founded 2019
Industry Asset Management
Sector Financials
CEO Kenneth Kencel

Contact Details

Address:
375 Park Avenue, 9th Floor
New York, New York 10152
United States
Phone 212 478 9200
Website churchillam.com

Stock Details

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

Key Executives

Name Position
Kenneth Kencel Chief Executive Officer
Shaul Vichness Chief Financial Officer

Latest SEC Filings

Date Type Title
Oct 9, 2024 8-K Current Report
Sep 3, 2024 8-K Current Report
Aug 7, 2024 8-K Current Report
Aug 7, 2024 10-Q Quarterly Report
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