Crescent Capital BDC boosts SMBC credit facility limits

Crescent Capital BDC, Inc. increased borrowing capacity under its senior secured revolving credit facility with Sumitomo Mitsui Banking Corporation.

Rhea-AI Filing Summary

Crescent Capital BDC, Inc. increased borrowing capacity under its senior secured revolving credit facility with Sumitomo Mitsui Banking Corporation. Dollar commitments under the SMBC Corporate Revolving Facility rose from $140 million to $165 million, and the maximum principal amount increased from $310 million to $335 million. All other terms of the facility remained unchanged.

Insights

Credit markets analyst

Crescent Capital BDC modestly expands its SMBC revolving credit facility.

Crescent Capital BDC, Inc. increased dollar commitments on its senior secured revolving credit facility with Sumitomo Mitsui Banking Corporation from $140 million to $165 million. The facility’s maximum principal amount also rose from $310 million to $335 million, while all other terms stayed the same.

This change adds incremental committed capital under an existing lending relationship without altering pricing or covenants in the provided excerpt. The filing describes a capacity adjustment rather than a new debt structure, so its significance depends on how actively the company draws this facility in future periods.

8-K Event Classification

Item 2.03 — Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement

1 item

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial

The company incurred a new significant debt or off-balance-sheet obligation.

Key Figures

SMBC facility commitments (before increase): $140 million SMBC facility commitments (after increase): $165 million Max principal amount (before increase): $310 million +1 more

4 metrics

SMBC facility commitments (before increase) $140 million Dollar commitments under SMBC Corporate Revolving Facility before June 18, 2026 change

SMBC facility commitments (after increase) $165 million Dollar commitments under SMBC Corporate Revolving Facility after June 18, 2026 change

Max principal amount (before increase) $310 million Maximum principal amount of SMBC Corporate Revolving Facility before amendment

Max principal amount (after increase) $335 million Maximum principal amount of SMBC Corporate Revolving Facility after amendment

Key Terms

senior secured revolving credit facility, SMBC Corporate Revolving Facility, administrative agent, collateral agent

4 terms

senior secured revolving credit facility financial

"increased the dollar commitments under its senior secured revolving credit facility (the “SMBC Corporate Revolving Facility”)"

A senior secured revolving credit facility is a multi‑use bank lending line that a company can draw, repay and redraw as needed, backed by specific assets and ranked first in repayment order if the company defaults. Think of it like a collateralized credit card that gives flexible short‑term cash while lenders hold priority to recover their money; investors watch it because it affects a company’s liquidity, borrowing cost, and who gets paid first in financial distress.

SMBC Corporate Revolving Facility financial

"under its senior secured revolving credit facility (the “SMBC Corporate Revolving Facility”) with Sumitomo Mitsui Banking Corporation"

administrative agent financial

"with Sumitomo Mitsui Banking Corporation, as administrative agent, collateral agent and lender"

An administrative agent is a bank or financial firm appointed to handle the day-to-day paperwork and communication for a group of lenders on a loan or credit agreement, acting as the central point for collecting payments, distributing funds, monitoring covenants, and sharing information. For investors, the administrative agent matters because it influences how quickly lenders receive updates, how smoothly repayments and waivers are handled, and how effectively the lending group enforces terms — think of it as a property manager coordinating tasks for multiple owners.

collateral agent financial

"with Sumitomo Mitsui Banking Corporation, as administrative agent, collateral agent and lender"

A collateral agent is a neutral third party that holds and manages the assets pledged to secure a loan on behalf of a group of lenders, acting like the keyholder to a shared safe. If the borrower falls behind, the collateral agent enforces the lenders’ rights and coordinates who gets what, which affects how quickly and how much lenders can recover. Investors care because the agent’s role shapes recovery prospects, enforcement speed and the clarity of lenders’ claims.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What change did Crescent Capital BDC (CCAP) make to its SMBC credit facility?

Crescent Capital BDC, Inc. increased dollar commitments under its senior secured revolving credit facility with Sumitomo Mitsui Banking Corporation to $165 million, up from $140 million. It also raised the facility’s maximum principal amount to $335 million while leaving other terms unchanged.

How much is Crescent Capital BDC’s maximum principal under the SMBC revolving facility now?

The maximum principal amount under Crescent Capital BDC, Inc.’s SMBC Corporate Revolving Facility is now $335 million, increased from $310 million. This higher limit defines the upper bound of borrowings permitted under this particular senior secured revolving credit agreement.

Did Crescent Capital BDC (CCAP) change any other terms of the SMBC Corporate Revolving Facility?

No, Crescent Capital BDC, Inc. stated that other terms of the SMBC Corporate Revolving Facility remained unchanged. Only the dollar commitments and the maximum principal amount were increased, leaving the existing contractual structure otherwise intact in the described update.

Who is Crescent Capital BDC’s lending partner on this expanded revolving credit facility?

The lending partner is Sumitomo Mitsui Banking Corporation, which acts as administrative agent, collateral agent, and lender under Crescent Capital BDC, Inc.’s senior secured SMBC Corporate Revolving Facility referenced in this capacity increase.

When did Crescent Capital BDC approve the increase to its SMBC revolving facility?

Crescent Capital BDC, Inc. approved the increase on June 18, 2026. On that date, the company raised dollar commitments to $165 million and the facility’s maximum principal amount to $335 million under the SMBC Corporate Revolving Facility.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/24/2026 - 04:08 PM Learn about SEC filing dates

false 0001633336 0001633336 2026-06-18 2026-06-18

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): June 18, 2026

Crescent Capital BDC, Inc.

(Exact name of registrant as specified in its charter)

Maryland		814-01132		47-3162282
(State or Other Jurisdiction of Incorporation or Organization)		(Commission File Number)		(I.R.S. Employer Identification No.)

11100 Santa Monica Blvd., Suite 2000,
Los Angeles, CA		90025
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number, Including Area Code: (310) 235-5900

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to 12(b) of the Act:

Securities registered pursuant to Section 12(g) of the Act:

Title of each class		Trading Symbol		Name of each exchange on which registered
Common Stock, $0.001 par value per share		CCAP		The Nasdaq Stock Market LLC

Common Stock, par value $0.001 per share

(Title of class)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

On June 18, 2026, Crescent Capital BDC, Inc. (the “Company”) increased the dollar commitments under its senior secured revolving credit facility (the “SMBC Corporate Revolving Facility”) with Sumitomo Mitsui Banking Corporation, as administrative agent, collateral agent and lender from $140 million to $165 million and increased the maximum principal amount of the SMBC Corporate Revolving Facility from $310 million to $335 million. The other terms of the SMBC Corporate Revolving Facility remained unchanged.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

				CRESCENT CAPITAL BDC, INC.
Date: June 24, 2026				By:		/s/ Gerhard Lombard
				Name:		Gerhard Lombard
				Title:		Chief Financial Officer

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.1 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 17.6 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 11.0 KB