Crescent Capital BDC, Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Crescent Capital BDC, Inc. will hold its 2024 Annual Meeting virtually on May 10, 2024, to elect directors and ratify auditors.</b>

AI Summary

Crescent Capital BDC, Inc. (FCRX) filed a Proxy Statement (DEF 14A) with the SEC on March 26, 2024. The 2024 Annual Meeting of Stockholders for Crescent Capital BDC, Inc. will be held on May 10, 2024, at 10:00 a.m. Pacific Time. The meeting will be conducted as a completely virtual meeting via live webcast. Stockholders will be asked to elect two Class III Directors for three-year terms. The selection of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2024 will be ratified. Stockholders are urged to vote their shares by proxy card or online during the meeting.

Why It Matters

For investors and stakeholders tracking Crescent Capital BDC, Inc., this filing contains several important signals. The virtual format allows for broader participation from stockholders regardless of location. Key corporate governance decisions, including director elections and auditor ratification, will be made at this meeting.

Risk Assessment

Risk Level: low — Crescent Capital BDC, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting and does not contain significant new financial or operational information that would alter the company's risk profile.

Analyst Insight

Stockholders should review the proxy materials to make informed voting decisions on director nominees and auditor ratification.

Key Numbers

• 2 — Class III Directors (Number of directors to be elected)
• 3 — Year Term (Length of director terms)
• 2024 — Fiscal Year (Fiscal year for which auditors are being ratified)

Key Players & Entities

• Crescent Capital BDC, Inc. (company) — Registrant and company holding the annual meeting
• Ernst & Young LLP (company) — Proposed independent registered public accounting firm
• May 10, 2024 (date) — Date of the Annual Meeting
• 2027 (date) — Expiration of director terms

FAQ

Risk Factors

• Compliance with Proxy Solicitation Rules [low — regulatory]: The company must comply with SEC rules regarding the solicitation of proxies, including providing accurate and complete information in the proxy statement.

Industry Context

Crescent Capital BDC, Inc. operates as a business development company, investing in debt and equity of middle-market companies. This filing is typical for BDCs to inform shareholders about annual meeting proceedings.

Regulatory Implications

The filing is made under Schedule 14A of the Securities Exchange Act of 1934, which governs the solicitation of proxies.

What Investors Should Do

1. Review the proxy statement for details on director nominees and their qualifications.
2. Understand the proposal to ratify Ernst & Young LLP as the independent auditor.
3. Follow instructions to vote shares either by mail or online before or during the virtual meeting.

Key Dates

• 2024-05-10: Annual Meeting of Stockholders — Election of directors and ratification of auditors

Glossary

Proxy Statement

A document filed with the SEC that contains information that shareholders need to vote at a shareholder meeting. (Provides essential details for stockholders to make informed voting decisions.)

Independent Registered Public Accounting Firm

An external auditor hired to examine a company's financial statements. (Ensures the integrity and accuracy of the company's financial reporting.)

Class III Directors

Directors elected for a specific class, typically serving a multi-year term. (Relates to the corporate governance structure and board composition.)

Year-Over-Year Comparison

This is a Definitive Proxy Statement (DEF 14A) filed for the 2024 Annual Meeting, indicating a routine annual corporate event.

Key Financial Figures

• $0.001 — e Corporation's common stock, par value $0.001 per share (the "Common Stock") were iss
• $70,000 — and its enclosures are estimated to be $70,000.00, which will be paid by the Corporati

Filing Documents

• ny20020565x1_def14a.htm (DEF 14A) — 357KB
• ny20020565x1_pc01.jpg (GRAPHIC) — 647KB
• ny20020565x1_pc02.jpg (GRAPHIC) — 616KB
• 0001133228-24-002690.txt (&nbsp;) — 3849KB
• ccbi-20240326.xsd (EX-101.SCH) — 3KB
• ccbi-20240326_def.xml (EX-101.DEF) — 3KB
• ccbi-20240326_lab.xml (EX-101.LAB) — 2KB
• ccbi-20240326_pre.xml (EX-101.PRE) — 2KB
• ny20020565x1_def14a_htm.xml (XML) — 2KB

From the Filing

SCHEDULE 14A (RULE 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Securities Exchange Act of 1934 Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 Crescent Capital BDC, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of filing fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials. Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. CRESCENT CAPITAL BDC, INC. 11100 Santa Monica Blvd. Suite 2000 Los Angeles, California 90025 (310) 235-5900 March 26, 2024 Dear Stockholder: You are cordially invited to attend the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Crescent Capital BDC, Inc. (the "Corporation") to be held on Friday, May 10, 2024, at 10:00 a.m. Pacific Time. The Annual Meeting will be a completely virtual meeting, which will be conducted via live webcast. However, Stockholders will have the same rights at the virtual meeting as they would at an in-person meeting. At the Annual Meeting, you will be asked to: (1) elect two Class III Directors of the Corporation who will each serve for a three-year term expiring at the 2027 annual meeting of stockholders or until their respective successor is duly elected and qualified, (2) ratify the selection of Ernst & Young LLP as the Corporation's independent registered public accounting firm for the fiscal year ending December 31, 2024; and (3) transact such other business as may properly come before the Annual Meeting or at any adjournment thereof. The accompanying Notice of Annual Meeting of Stockholders and Proxy Statement include information relating to the election of the Class III Director nominees and the ratification of the selection of the Corporation's independent registered public accounting firm. It is very important that your shares be represented at the Annual Meeting. Whether or not you plan to attend, I urge you to please complete, date, sign, and mail the enclosed proxy card to us to assure that your shares are represented at the Annual Meeting. You may also vote your shares online during the Annual Meeting. Instructions on how to vote while participating at the Annual Meeting live via the Internet are posted at www.virtualshareholdermeeting.com/CCAP2024. On behalf of management and the Board of Directors, we thank you for your continued support of the Corporation. Sincerely, /s/ Jason Breaux Jason Breaux Chief Executive Officer CRESCENT CAPITAL BDC, INC. 11100 Santa Monica Blvd. Suite 2000 Los Angeles, California 90025 (310) 235-5900 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON MAY 10, 2024 Notice is hereby given to holders of shares of common stock of Crescent Capital BDC, Inc., a Maryland corporation (the "Corporation"), that the 2024 Annual Meeting of Stockholders (the "Annual Meeting") will be held on Friday, May 10, 2024 at 10:00 a.m. Pacific Time. The Annual Meeting will be a completely virtual meeting, which will be conducted via live webcast. However, Stockholders will have the same rights at the virtual meeting as they would at an in-person meeting. You will be able to attend the Annual Meeting online and submit your questions during the meeting by visiting www.virtualshareholdermeeting.com/CCAP2024. For instructions on how to attend and vote your shares at the Annual Meeting, see the information in the accompanying Proxy Statement in the section titled "How to attend and vote at the Annual Meeting." We encourage you to access the Annual Meeting prior to the start time. The live webcast and listen-only conference call will begin promptly at 10:00 a.m. Pacific Time. We will have technicians ready to assist you with any technical difficulties you may have accessing the live webcast or listen-only conference call. Technical support will be available starting at 9:45 a.m. Pacific Time on May 10, 2024. The virtual meeting platform is fully supported across browsers (MS Edge, Firefox, Chrome, and Safari) and devices (desktops, laptops, tablets, and cell phones) running the most updated version of applicable software and plugins. Participants should ensure that they have a strong Wi-Fi connection wherever they intend to participate in the Annual Meeting. Participants should also give themselves plenty of time to log in and ensure that they can hear audio prior to the start of the Annual Meeting. The Annual Meeting is being held for the following purposes: 1. To elect two Class III Directors of the Corporation who will each serve for a three-year term expiring at the 2027 annual meeting of stockholders o

View Full Filing

View this DEF 14A filing on SEC EDGAR