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 additional $100.0 million in aggregate principal amount of its 6.650% unsecured notes due 2030, increasing the total outstanding for this series to $400.0 million. The Notes are being issued at a price of 100.123% of principal, and the company intends to use the net proceeds to repay a portion of the outstanding indebtedness under its senior secured revolving credit facility with Sumitomo Mitsui Banking Corporation.
Key figures
- Deal Value Usd
- 100000000
- Issue price
- 100.123%
- Interest rate
- 6.650%
- Maturity year
- 2030
- Existing notes outstanding
- $300.0 million
- Total notes outstanding post issuance
- $400.0 million
AI analysis
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