Nuveen Churchill Direct Lending Corp. Files 8-K

TL;DR

Nuveen Churchill Direct Lending Corp. just filed an 8-K for a material agreement & financial obligation.

AI Summary

On January 22, 2025, Nuveen Churchill Direct Lending Corp. filed an 8-K to report the entry into a material definitive agreement and the creation of a direct financial obligation. The filing details their corporate information, including their address at 375 Park Avenue, New York, NY, and their fiscal year end of December 31.

Why It Matters

This filing indicates a significant financial event or obligation for Nuveen Churchill Direct Lending Corp., which could impact its financial standing and operations.

Risk Assessment

Risk Level: low — The filing is a standard corporate disclosure and does not inherently present immediate financial risk.

Key Numbers

• 000-56133 — Commission File Number (Identifies the company's SEC filing history.)
• 84-3613224 — IRS Employer Identification Number (Tax identification number for the company.)

Key Players & Entities

• Nuveen Churchill Direct Lending Corp. (company) — Registrant
• January 22, 2025 (date) — Date of Report
• 375 Park Avenue, 9th Floor, New York, New York 10152 (location) — Principal Executive Offices
• Maryland (jurisdiction) — State of Incorporation

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 NCDL New York Stock Exchange Indicate
• $300 million — s to the Company's issuance and sale of $300 million aggregate principal amount of the Compa

Filing Documents

• ncdlc-20250122.htm (8-K) — 38KB
• exhibit41-form8xk1222025.htm (EX-4.1) — 775KB
• exhibit42-form8xk1222025.htm (EX-4.2) — 231KB
• exhibit51-form8xk1222025.htm (EX-5.1) — 21KB
• image_0a.jpg (GRAPHIC) — 47KB
• 0001628280-25-002219.txt ( ) — 1407KB
• ncdlc-20250122.xsd (EX-101.SCH) — 2KB
• ncdlc-20250122_lab.xml (EX-101.LAB) — 22KB
• ncdlc-20250122_pre.xml (EX-101.PRE) — 13KB
• ncdlc-20250122_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement On January 22, 2025, Nuveen Churchill Direct Lending Corp. (the "Company") entered into an indenture (the "Base Indenture"), by and between the Company and U.S. Bank Trust Company, National Association, as trustee (the "Trustee"), and the first supplemental indenture to the Base Indenture, dated January 22, 2025, by and between the Company and the Trustee (the "First Supplemental Indenture" and together with the Base Indenture, the "Indenture"). The First Supplemental Indenture relates to the Company's issuance and sale of $300 million aggregate principal amount of the Company's 6.650% Notes due 2030 (the "Notes" and the issuance and sale of the Notes, the "Offering"). The Notes bear interest at a rate of 6.650% per year payable semi-annually in arrears on March 15 and September 15 each year, beginning on September 15, 2025. The Notes will mature on March 15, 2030 and may be redeemed in whole or in part at the Company's option at any time prior to February 15, 2030 , at par plus a "make-whole" premium, and thereafter at par . The Company intends to use the net proceeds from the Offering to repay in full the outstanding indebtedness the Company's secured special purpose vehicle asset credit facility with Wells Fargo Bank, N.A., to repay a portion of the outstanding indebtedness under the Company's senior secured revolving credit facility with Sumitomo Mitsui Banking Corporation, and for general purposes, which may include, among other things, investing in accordance with its investment objective and strategies. The Notes are the direct unsecured obligations of the Company and rank pari passu with all existing and future unsubordinated unsecured indebtedness issued by the Company, senior to any of the Company's future indebtedness that expressly provides it is subordinated to the Notes, effectively subordinated to all of the existing and future secured indebtedness issued by the Company (including indebtedness t

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 4.1 Indenture, dated as of January 22, 2025, by and between Nuveen Churchill Direct Lending Corp. and U.S. Bank Trust Company, National Association, as trustee. 4.2 First Supplemental Indenture, dated as of January 22, 2025, by and between Nuveen Churchill Direct Lending Corp. and U.S. Bank Trust Company, National Association, as trustee. 4.3 Form of Global Note with respect to the 6.650% Notes due 2030 (incorporated by reference to Exhibit 4.2 hereto). 5.1 Opinion of Eversheds Sutherland (US) LLP. 23.1 Consent of Eversheds Sutherland (US) LLP (Included in Exhibit 5.1 hereto). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NUVEEN CHURCHILL DIRECT LENDING CORP. By: /s/ Kenneth J. Kencel Name: Kenneth J. Kencel Title: Chief Executive Officer and President Date: January 22, 2025

View Full Filing

View this 8-K filing on SEC EDGAR