Nuveen Churchill Direct Lending Corp.

Nuveen Churchill Direct Lending Corp. (NCDL) is a business development company (BDC) that focuses on generating attractive risk-adjusted returns primarily through current income. It invests mainly in senior secured loans to private equity-owned U.S. middle market companies, which it defines as companies with approximately $10 million to $100 million of EBITDA. The portfolio is expected to consist primarily of first-lien senior secured debt and unitranche loans (excluding last-out positions). Additionally, NCDL may opportunistically invest in junior capital opportunities such as second-lien loans, subordinated debt, last-out positions in unitranche loans, and equity-related securities. The company is externally managed and operates as a closed-end, non-diversified management investment company regulated under the Investment Company Act of 1940.

Nuveen Churchill Direct Lending Corp. (NCDL) is listed on the New York Stock Exchange (NYSE) under the ticker symbol NCDL. Its securities are traded in U.S. dollars (USD), which is the company's reporting currency. As a U.S.-based business development company, all financial transactions and reporting are conducted in USD.

Nuveen Churchill Direct Lending Corp. (NCDL) operates in the Financial Services sector, specifically within the Asset Management industry. As a business development company (BDC), it provides debt and equity financing to middle market companies, functioning similarly to an investment firm. Its primary focus is on managing a portfolio of senior secured loans and other credit investments, generating income for its shareholders.

Nuveen Churchill Direct Lending Corp. (NCDL) is based in the United States, having been formed as a limited liability company in Delaware on March 13, 2018, and later converted into a Maryland corporation on June 18, 2019. The company serves the U.S. middle market, specifically targeting companies with EBITDA between $10 million and $100 million that are owned by private equity firms. Its investment activities are concentrated on privately originated debt to performing U.S. middle market companies, with a focus on senior secured loans.

Nuveen Churchill Direct Lending Corp. (NCDL) operates as a closed-end, externally managed, non-diversified management investment company that has elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940. Its business model involves generating attractive risk-adjusted returns primarily through current income by investing in senior secured loans to private equity-owned U.S. middle market companies. The portfolio is expected to be composed mainly of first-lien senior secured debt and unitranche loans (excluding last-out positions). Additionally, NCDL may opportunistically invest in junior capital investments such as second-lien loans, subordinated debt, last-out positions in unitranche loans, and equity-related securities. The company earns income from interest payments on loans and potential capital appreciation from equity investments.