Nuveen Churchill Direct Lending entered into an underwriting agreement to issue and sell an additional $100.0 million of its 6.650% Notes due 2030. The offering, underwritten by SMBC Nikko Securities America, increases the series to $400.0 million outstanding and carries identical terms to the existing notes. The company plans to use net proceeds to repay a portion of its revolving credit facility and, through re-borrowings, to fund new investments and general corporate purposes.
Agreement details:
- Agreement type: Underwriting agreement for additional senior unsecured notes offering
- Counterparty: SMBC Nikko Securities America
- Signed / Effective: Jul 08 2026 / Jul 08 2026
- Duration / Termination: At will
- Reason: Refinance revolver and fund investments
Original SEC Filing:
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