Crescent Capital Bdc Inc SEC Filings

Crescent Capital BDC (CCAP) filed a 10-Q outlining a broad portfolio of mainly floating-rate private credit investments. The schedule lists numerous first-lien unitranche and senior secured loans, alongside revolvers and a handful of equity positions across software, healthcare, insurance, logistics, and consumer services.

Terms are predominantly benchmark-based with floors and occasional PIK features. Examples include Patriot Growth Insurance Services, LLC unitranche first-lien term loans at S + 500 with a 75 floor maturing 10/2028; Ingenio, LLC unitranche first-lien term loan at S + 800 (600 PIK), 100 floor maturing 08/2027; and Seko Global Logistics Network, LLC senior secured first-lien term loan at S + 800 maturing 05/2030. The portfolio also references facilities tied to SOFR, SONIA, EURIBOR, SARON, and BBSY, with maturities spanning 2025 through 2031, and select equity holdings such as Park Place Technologies and Odessa Technologies.

Crescent Capital BDC, Inc. entered into a Fourth Supplement to its Note Purchase Agreement to issue senior unsecured notes in three tranches: up to $67.5 million Tranche A at 5.87% due February 13, 2029; up to $67.5 million Tranche B at 6.20% due February 13, 2031; and $50.0 million Tranche C at 5.97% due May 22, 2029.

Interest is payable semiannually on February 13 and August 13, starting February 13, 2026. Issuances will occur in two closings on or before May 22, 2026, with Tranches A and B expected on or before February 16, 2026 and Tranche C on May 22, 2026, subject to customary closing conditions. The notes are general unsecured obligations ranking pari passu with other unsecured unsubordinated debt and include a change of control offer to repay at par. The company intends to use net proceeds to repay certain indebtedness and for general corporate purposes, with potential re-borrowing under its debt facilities.

Crescent Capital BDC insider purchase: On 08/28/2025, reporting person Kirill Bouek, an officer and controller of Crescent Capital BDC, Inc. (CCAP), purchased 200 shares of the company’s common stock at $15.6666 per share. After the transaction, Bouek beneficially owned 1,057 shares, which includes 64 shares acquired earlier in 2025 through dividend reinvestment and not previously reported. The Form 4 was filed on 08/29/2025 and signed by George P. Hawley as attorney-in-fact. The filing is a routine Section 16 disclosure showing a small insider purchase and updated beneficial ownership.

Raymond Barrios, a Managing Director and officer of Crescent Capital BDC, Inc. (CCAP), reported insider purchases on 08/25/2025. The filing shows two separate non-derivative acquisitions of common stock: 2,230 shares at $15.6316 and 1,015 shares at $15.62, both marked with transaction code P (pursuant to a written plan). After these transactions Barrios beneficially owned 19,177 shares directly. The report also notes 1,181 shares acquired through dividend reinvestment in 2025 that were not previously reported under Rule 16a-11. The Form 4 was signed by an attorney-in-fact on 08/26/2025.

Crescent Capital BDC, Inc. Schedule 13G/A shows that the UFCW-Northern California Employers Joint Pension Plan beneficially owns 784,356.40 shares of the issuer's common stock, representing 2.12% of the outstanding shares based on a 37,061,547 share universe. The filing states these shares are held with sole voting and dispositive power over 784,356.40 shares.

The reporting person also discloses it ceased to be the beneficial owner of more than 5% of the class on July 10, 2025, and affirms the holdings were acquired and are held in the ordinary course of business and not to influence control of the issuer.

UFCW-Northern California Employers Joint Pension Plan reported multiple open-market sales of Crescent Capital BDC, Inc. common stock (symbol CCAP). Between 05/28/2025 and 06/04/2025 the plan sold a total of 572,890 shares in five transactions at prices ranging from $14.90 to $15.55 per share. The filings show beneficial ownership declining from 4,206,075.401 shares after the first sale to 3,656,095.401 shares after the final reported sale. The Form 4 was signed by the plan's Executive Director and Plan Administrator.

Blackstone-related reporting persons disclosed ownership of 4,205,307 shares (11.3%) of Crescent Capital BDC, Inc. common stock. The Schedule 13G states these shares are held in the F&G Accounts managed by Blackstone ISG-I Advisors LLC and that multiple Blackstone entities and Stephen A. Schwarzman may be deemed to beneficially own the same block through ownership and control relationships. The filing cites 37,061,547 shares outstanding as the basis for the 11.3% figure and includes certifications that the securities were acquired in the ordinary course of business and not to influence control of the issuer.

Crescent Capital BDC, Inc. (CCAP) is reported to have 2,528,031.401 shares beneficially owned by the UFCW-Northern California Employers Joint Pension Plan, representing 6.82% of the outstanding common stock. The filing shows the plan holds sole voting and sole dispositive power over these shares, based on a stated total of 37,061,547 shares outstanding.

The filing also includes a certification that the securities were acquired and are held in the ordinary course of business and are not held for the purpose of changing or influencing control of the issuer. This disclosure documents an institutional, non-activist stake above the 5% reporting threshold.