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 (NYSE:NCDL) reported second quarter 2026 net investment income (NII) of $0.41 per share, while net realized and unrealized losses of $(0.34) per share yielded a net increase in net assets from operations of $0.07 per share. NAV per share was $17.19, down from $17.50 on March 31, 2026. The company paid a second quarter distribution of $0.38 per share and declared a third quarter distribution of $0.38 per share, including a regular $0.36 and supplemental $0.02.
NCDL redeemed CLO-III at par with $297.9 million principal, formed a joint venture that acquired $148.9 million of first-lien loans from the company, and issued an additional $100 million of 2030 notes with an interest rate swap. As of June 30, 2026, the investment portfolio fair value was $1.9 billion across 244 portfolio companies, with non-accruals at 1.5% of fair value. Investment income fell to $44.3 million year over year, while net expenses declined to $24.1 million. The debt-to-equity ratio was 1.29x, and pro forma unsecured notes represented 41% of total debt.
Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) will release its financial results for the second quarter ended June 30, 2026 on Thursday, August 6, 2026, before the U.S. market opens.
The company will host an earnings conference call and public webcast at 10:00 AM Eastern Time the same day. U.S. participants can dial (866)-605-1826, while international participants can dial +1 (215)-268-9877, referencing Nuveen Churchill Direct Lending Corp. A live webcast and replay will be accessible in the Events section of the company’s website at www.ncdl.com.
Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) closed an underwritten public offering of an additional $100.0 million aggregate principal amount of its 6.650% unsecured notes due 2030, generating approximately $99.4 million in net proceeds after underwriting discounts and estimated offering expenses.
The new notes are a further issuance of, and fungible with, the existing $300.0 million 6.650% notes due 2030, bringing total principal outstanding to $400.0 million. The notes mature on March 15, 2030, pay interest semi-annually at 6.650%, and are redeemable at the company’s option before February 15, 2030 at par plus a make-whole premium and accrued interest. According to Nuveen Churchill Direct Lending, net proceeds will be used to repay a portion of its senior secured revolving credit facility with Sumitomo Mitsui Banking Corporation, with future re-borrowings intended for investments consistent with its investment objective and general corporate purposes.
Nuveen Churchill Direct Lending (NYSE:NCDL) priced an underwritten public offering of an additional $100 million of its 6.650% unsecured notes due 2030, issued at 100.123% of principal. The notes will be fungible with the existing $300 million series, bringing total to $400 million.
The notes mature on March 15, 2030, pay interest semi-annually, may be redeemed with a make-whole premium, and are expected to close on July 10, 2026. Net proceeds will repay the senior secured revolving credit facility, with re-borrowings used for investments and general corporate purposes.
Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) reported Q1 2026 results: net investment income $0.41 per share, net realized/unrealized loss $(0.23) per share, and net increase from operations $0.18 per share. NAV was $17.50 (from $17.72 at 12/31/2025).
The Board declared a Q2 distribution of $0.38 per share (regular $0.36 and supplemental $0.02), payable ~July 28, 2026. Portfolio fair value was ~$2.0 billion across 236 companies; 89.7% first-lien debt. Company completed a CLO refinancing and had $50.4 million cash and $233.0 million available revolver capacity.
Nuveen Churchill Direct Lending Corp (NYSE: NCDL) will report first quarter 2026 financial results for the period ended March 31, 2026, on Thursday, May 7, 2026 before the market opens. The company will host a conference call and live webcast at 11:00 AM ET the same day.
Investors may join by phone ((866) 605-1826 domestic; +1 (215) 268-9877 international) or access the live and replay webcasts on the Events section of the company website at www.ncdl.com.
Nuveen Churchill Direct Lending Corp (NYSE: NCDL) reported Q4 2025 net investment income of $0.44 per share and NAV of $17.72 as of December 31, 2025. The Board declared a Q1 2026 distribution of $0.40 per share ($0.36 regular, $0.04 supplemental), payable on or around April 28, 2026 to holders of record March 31, 2026.
The Board authorized a $50 million share repurchase program. Portfolio fair value was $2.0 billion across 227 companies with 0.5% at non-accrual. Cash was $62.5 million and debt outstanding totaled $1.1 billion.
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.