Crescent Capital BDC Enters Material Agreement
Ticker: FCRX · Form: 8-K · Filed: Dec 23, 2024 · CIK: 1633336
| Field | Detail |
|---|---|
| Company | Crescent Capital Bdc, Inc. (FCRX) |
| Form Type | 8-K |
| Filed Date | Dec 23, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001, $35.0 million, $80.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
Crescent Capital BDC just signed a big deal, creating new financial obligations.
AI Summary
Crescent Capital BDC, Inc. entered into a material definitive agreement on December 20, 2024. This agreement also created a direct financial obligation for the registrant. The filing was made on December 23, 2024.
Why It Matters
This filing indicates a significant new financial commitment or contract for Crescent Capital BDC, which could impact its financial obligations and operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating new financial obligations can introduce new risks related to the terms of the agreement and the company's ability to meet them.
Key Players & Entities
- Crescent Capital BDC, Inc. (company) — Registrant
- December 20, 2024 (date) — Date of earliest event reported
- December 23, 2024 (date) — Date of report
FAQ
What type of material definitive agreement did Crescent Capital BDC, Inc. enter into?
The filing states that Crescent Capital BDC, Inc. entered into a material definitive agreement, but the specific type of agreement is not detailed in the provided text.
What is the nature of the direct financial obligation created?
The filing indicates the creation of a direct financial obligation, but the specifics of this obligation are not provided in the excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on December 20, 2024.
What is the principal executive office address for Crescent Capital BDC, Inc.?
The principal executive office is located at 11100 Santa Monica Blvd., Suite 2000, Los Angeles, CA 90025.
What is the IRS Employer Identification Number for Crescent Capital BDC, Inc.?
The IRS Employer Identification Number is 47-3162282.
Filing Stats: 1,337 words · 5 min read · ~4 pages · Grade level 12.7 · Accepted 2024-12-23 17:23:31
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share CCAP The Nasdaq
- $35.0 million — s") governing the issuance of up to (a) $35.0 million in aggregate principal amount of senior
- $80.0 million — ary 18, 2028 (the "2028 Notes") and (b) $80.0 million in aggregate principal amount of senior
Filing Documents
- d926042d8k.htm (8-K) — 36KB
- d926042dex101.htm (EX-10.1) — 103KB
- 0001193125-24-284317.txt ( ) — 321KB
- ccap-20241220.xsd (EX-101.SCH) — 4KB
- ccap-20241220_def.xml (EX-101.DEF) — 14KB
- ccap-20241220_lab.xml (EX-101.LAB) — 23KB
- ccap-20241220_pre.xml (EX-101.PRE) — 15KB
- d926042d8k_htm.xml (XML) — 6KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits: Exhibit Number Description 10.1 Third Supplement to Note Purchase Agreement, dated December 20, 2024, by and among Crescent Capital BDC, Inc. and the Purchasers signatory thereto. 10.2 Master Note Purchase Agreement, dated July 30, 2020, by and among the Company and the Purchasers signatory thereto (incorporated by reference to Exhibit 10.1 to the Company's current report on Form 8-K filed on July 30, 2020). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). Certain schedules and exhibits have been omitted pursuant to Item 601(b)(2) of Regulation S-K. The Company agrees to furnish a copy of such schedules or exhibits, or any section thereof, to the SEC upon request. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. CRESCENT CAPITAL BDC, INC. Date: December 23, 2024 By: /s/ Gerhard Lombard Name: Gerhard Lombard Title: Chief Financial Officer 4