Welcome to our dedicated page for Nuveen Churchill Direct Lending news (Ticker: NCDL), a resource for investors and traders seeking the latest updates and insights on Nuveen Churchill Direct Lending stock.
Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) generates a steady flow of company-specific news as a specialty finance business focused primarily on senior secured loans to private equity-owned U.S. middle market companies. As a business development company regulated under the Investment Company Act of 1940, NCDL regularly issues updates that detail its investment activity, portfolio composition, and financial condition.
News coverage for NCDL commonly includes quarterly and annual earnings releases that report net investment income, realized and unrealized gains and losses on investments, and changes in net asset value per share. These releases also describe the mix of first-lien debt, subordinated debt, and equity investments in the portfolio, along with internal risk ratings and non-accrual statistics for portfolio companies.
Investors following NCDL news will also see announcements from the company’s Board of Directors regarding regular distributions and, in some periods, special distributions. These items specify distribution amounts, record dates, and payment dates, and often reference distribution yields based on reported net asset value per share.
Another key category of NCDL news involves capital markets and balance sheet actions, such as the pricing and closing of unsecured notes offerings and updates on the use of proceeds to repay credit facilities or support new investments. The company also issues notices about scheduled earnings releases and related conference calls and webcasts, providing access details for investors and analysts.
This news page brings together these types of updates so readers can review NCDL’s earnings announcements, distribution declarations, portfolio commentary, and financing activities in one place.
Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) will report fourth quarter and full year 2025 financial results on Thursday, February 26, 2026 before market open. A conference call and live webcast will be held at 10:00 AM ET, with replay available on the company website.
Dial-in numbers are (866)-605-1826 (U.S.) and +1 (215)-268-9877 (international); participants should reference Nuveen Churchill Direct Lending Corp.
Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) reported third-quarter 2025 results with net investment income of $0.43 per share and a declared fourth-quarter regular distribution of $0.45 per share payable January 27, 2026 to holders of record December 31, 2025.
NAV was $17.85 per share as of September 30, 2025. Portfolio fair value was approximately $2.0 billion across 213 companies, comprised of ~89.8% first-lien debt, 8.1% subordinated debt and 2.1% equity. Weighted average yield at cost declined to 9.92% from 10.86% year-over-year.
Cash was $46.3 million, total debt $1.1 billion, available revolver capacity ~$269.5 million, and debt-to-equity ratio was 1.25x. Management fee base increased to 1.00% effective March 31, 2025 and income-based incentive fees were $3.3 million for the quarter.
Nuveen Churchill Direct Lending Corp (NYSE: NCDL) will report third-quarter 2025 financial results for the period ended September 30, 2025 on Tuesday, November 4, 2025 before the market opens. The company will host an earnings conference call and public webcast at 1:00 PM Eastern Time the same day.
Investors may join by dialing (866)-605-1826 (U.S.) or +1 (215)-268-9877 (international) about 10–15 minutes before the call and should reference Nuveen Churchill Direct Lending Corp. A live webcast and replay will be available in the Events section at www.ncdl.com.
Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) reported its Q2 2025 financial results, achieving net investment income of $0.46 per share and declaring a Q3 regular distribution of $0.45 per share. The company's NAV per share slightly decreased to $17.92 from $17.96 in the previous quarter.
The portfolio, valued at $2.0 billion, spans 207 companies across 26 industries, with 90.0% in first-lien debt. The company maintains a low non-accrual rate of 0.2% on fair value basis. NCDL completed a $100 million share repurchase program, buying back approximately 5.9 million shares at a discount to NAV. The weighted average yield of debt investments decreased to 10.08% from 11.32% year-over-year.
Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) has scheduled its second quarter 2025 earnings release and conference call. The company will release its financial results for Q2 2025 on Wednesday, August 6, 2025, before market opening.
The earnings conference call and public webcast will be held at 11:00 AM Eastern Time on the same day. Participants can join via phone by dialing (866)-605-1826 for domestic callers or +1 (215)-268-9877 for international callers. A live webcast will be available on the Events section of www.ncdl.com, where a replay will also be accessible after the call.
Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) has announced its upcoming first quarter 2025 financial results release schedule. The company will disclose its financial performance for the quarter ending March 31, 2025, on Thursday, May 8, 2025, before market opening.
NCDL will host an earnings conference call and public webcast at 11:00 AM Eastern Time on the same day. Interested participants can join via phone by dialing (866)-605-1826 for domestic calls or +1 (215)-268-9877 for international calls. A live webcast will be accessible through the Events section of NCDL's website at www.ncdl.com, where a replay will also be available after the call.
Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) reported strong Q4 2024 financial results with net investment income of $0.56 per share and a net asset value of $18.18 per share. The company declared a Q1 2025 regular distribution of $0.45 per share.
Key highlights for 2024 include:
- Portfolio value of $2.08 billion across 210 companies
- Deployed over $950 million in new investments, up 40% year-over-year
- Full-year investment income increased to $224.0 million from $161.8 million in 2023
- Portfolio composition: 90.6% first-lien debt, 7.7% subordinated debt, and 1.8% equity investments
- Weighted average yield decreased to 10.33% from 11.72% in 2023
The company maintained strong portfolio quality with only one non-accrual investment representing 0.4% of total investments at cost. NCDL's debt-to-equity ratio stood at 1.15x as of December 31, 2024.
Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) has successfully closed a public offering of $300 million in unsecured notes due 2030. The notes carry a 6.650% interest rate, payable semi-annually starting September 15, 2025, and will mature on March 15, 2030.
The offering resulted in net proceeds of approximately $296 million after deducting underwriting discount and estimated expenses. The notes can be redeemed before February 15, 2030, at par plus a make-whole premium and accrued interest.
The company plans to use the proceeds to repay its secured special purpose vehicle asset credit facility with Wells Fargo Bank, N.A., partially repay its senior secured revolving credit facility with Sumitomo Mitsui Banking , and for general corporate purposes, including potential investments aligned with the company's objectives.
Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) has announced it will release its financial results for the fourth quarter and full year 2024 on Thursday, February 27, 2025, before market opening. The company will host an earnings conference call and public webcast at 11:00 AM Eastern Time on the same day.
Interested parties can join the conference call by dialing (866)-605-1826 for domestic callers or +1 (215)-268-9877 for international callers. A live webcast will be available on the Events section of NCDL's website at www.ncdl.com, where a replay will also be accessible after the call.
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