Earnings summaries and quarterly performance for Nuveen Churchill Direct Lending.
Executive leadership at Nuveen Churchill Direct Lending.
Board of directors at Nuveen Churchill Direct Lending.
Research analysts who have asked questions during Nuveen Churchill Direct Lending earnings calls.
Brian McKenna
Citizens JMP Securities
3 questions for NCDL
Douglas Harter
UBS
3 questions for NCDL
Mark Hughes
Truist Securities
2 questions for NCDL
Derek Hewett
Bank of America
1 question for NCDL
Maxwell Fritscher
Truist Financial Corporation
1 question for NCDL
Maxwell Richard
Truist Securities
1 question for NCDL
Paul Johnson
Keefe, Bruyette & Woods
1 question for NCDL
Recent press releases and 8-K filings for NCDL.
- Nuveen Churchill Direct Lending Corp. (NCDL) priced a refinancing of a term debt securitization (collateralized loan obligation) on January 29, 2026, with the closing anticipated around February 20, 2026.
- The 2026 Debt is expected to total $309.7 million, comprising $125.5 million in AAA Class A-R Notes, $50 million in AAA Class A-L-R Loans, $37.5 million in AA Class B-R Notes, and $86.7 million in Subordinated Notes.
- The Company will directly retain all $86.7 million of Subordinated Notes, which do not bear interest.
- This debt, backed by a diversified portfolio of senior secured and second lien loans, is expected to mature on January 20, 2039.
- Nuveen Churchill Direct Lending Corp. reported net investment income of $0.43 per share and a net increase in net assets resulting from operations of $0.38 per share for the third quarter ended September 30, 2025. The Net Asset Value (NAV) per share was $17.85 as of September 30, 2025, compared to $17.92 per share as of June 30, 2025.
- The company's Board of Directors declared a fourth quarter 2025 regular distribution of $0.45 per share payable on January 27, 2026.
- As of September 30, 2025, the fair value of the portfolio was $2.0 billion, with 89.8% in first-lien debt investments and 0.4% of total investments at fair value on non-accrual status. NCDL maintained $316 million in liquidity and a debt-to-equity ratio of 1.25x.
Quarterly earnings call transcripts for Nuveen Churchill Direct Lending.
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