Business Wire·Jul 8, 2026, 5:15 PM ET

Nuveen Churchill Direct Lending Corp. Prices Public Offering of Additional $100.0 Million 6.650% Notes Due 2030

Nuveen Churchill Direct Lending Corp. priced an underwritten public offering of $100.0 million in aggregate principal amount of its 6.650% unsecured notes due 2030.
The Notes were issued at 100.123% of the aggregate principal amount with accrued interest payable from March 15, 2026.
Upon issuance, the total outstanding aggregate principal amount of the 6.650% notes due 2030 will be $400.0 million.
The Notes mature on March 15, 2030, & bear interest at 6.650% per year payable semi-annually on March 15 & September 15.
The Company may redeem the Notes in whole or in part at par plus a make-whole premium & accrued interest prior to February 15, 2030.
The offering is expected to close on July 10, 2026, subject to customary closing conditions.
SMBC Nikko Securities America, Inc. serves as the sole book-running manager for the offering.
Net proceeds will be used to repay a portion of the outstanding indebtedness under the senior secured revolving credit facility with Sumitomo Mitsui Banking Corporation.
The Company intends to utilize re-borrowings under the revolving credit facility to make investments & for other general corporate purposes.