Nuveen Churchill Direct Lending issues USD 100 million add-on 6.65% notes due 2030 to repay revolving credit facility debt - NCDL News | RalliesNuveen Churchill Direct Lending issues USD 100 million add-on 6.65% notes due 2030 to repay revolving credit facility debt
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NCDL• Additional notes pricing and use of proceeds
- Nuveen Churchill Direct Lending priced an additional USD 100 million of 6.650% Notes due 2030, lifting the series to USD 400 million outstanding.
- Proceeds are earmarked to repay part of borrowings under its senior secured revolving credit facility with Sumitomo Mitsui Banking Corp.
- The additional notes were issued July 10, 2026; interest is payable March 15 and Sept. 15; maturity is March 15, 2030.
- The notes are unsecured obligations; they may be redeemed before Feb. 15, 2030 at par with a make-whole premium.
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