Crescent Capital BDC prepays $50M 7.54% notes

Crescent Capital BDC, Inc. prepaid its 7.54% senior unsecured notes ahead of maturity.

Rhea-AI Filing Summary

Crescent Capital BDC, Inc. prepaid its 7.54% senior unsecured notes ahead of maturity. The company paid approximately $51.6 million, covering the $50.0 million aggregate principal amount plus accrued and unpaid interest, to retire notes that were due on July 28, 2026. After this transaction, none of these notes remain outstanding, meaning this specific debt obligation has been fully eliminated.

Insights

Credit and capital structure analyst

Crescent Capital BDC fully retires a $50M note issue early, simplifying its debt stack.

Crescent Capital BDC, Inc. prepaid $50.0 million of 7.54% senior unsecured notes that were scheduled to mature on July 28, 2026. The total payment of about $51.6 million included both principal and accrued interest.

Eliminating this note issue removes a 7.54% fixed-rate liability from the balance sheet. The economic impact depends on how this prepayment is funded and any replacement financing. Subsequent filings may provide more detail on overall leverage, interest expense, and funding mix after this prepayment.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Key Figures

Prepaid principal: $50.0 million Total prepayment amount: $51.6 million Interest rate on notes: 7.54% +1 more

4 metrics

Prepaid principal $50.0 million Aggregate principal amount of 7.54% senior unsecured notes

Total prepayment amount $51.6 million Principal plus accrued and unpaid interest through June 29, 2026

Interest rate on notes 7.54% Coupon on senior unsecured notes retired early

Original maturity date July 28, 2026 Scheduled due date of prepaid notes

Key Terms

senior unsecured notes, aggregate principal amount, Master Note Purchase Agreement, accrued and unpaid interest

4 terms

senior unsecured notes financial

"7.54% senior unsecured notes due July 28, 2026 (the “Notes”)"

Senior unsecured notes are a type of loan a company borrows from investors, promising to pay back with interest. They are called "unsecured" because they aren’t backed by specific assets like buildings or equipment, but "senior" because they are paid back before other debts if the company gets into trouble. Investors see them as a relatively safer way for companies to raise money.

aggregate principal amount financial

"prepay $50.0 million in aggregate principal amount of its issued and outstanding 7.54% senior unsecured notes"

The aggregate principal amount is the total amount of money borrowed through a bond or loan that the borrower promises to repay. It’s like the original price tag on a loan or bond, showing how much money is involved in the deal. This number matters because it indicates the size of the debt and helps investors understand the scale of the borrowing.

Master Note Purchase Agreement financial

"pursuant to the terms of the Master Note Purchase Agreement, dated July 30, 2020"

A master note purchase agreement is a standing contract that sets the rules for buying and selling debt notes between an issuer and one or more investors, covering how future note sales will be conducted, the basic payment and default terms, and the rights of each party. Think of it as a reusable order form that spells out who gets paid, when, and what happens if payments stop; investors care because it defines repayment priority, protections, and the practical risks and liquidity of the notes they buy.

accrued and unpaid interest financial

"consisting of the remaining principal amount of the Notes plus accrued and unpaid interest through the prepayment date"

Accrued and unpaid interest is the interest that has built up on a loan or debt but hasn't been paid yet. It's like owing your friend money for a favor over time—you're expected to pay it later, even though you haven't paid it yet. This matters because it shows how much you owe beyond the original amount borrowed.

FAQ

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

What debt did Crescent Capital BDC (CCAP) prepay on June 29, 2026?

Crescent Capital BDC prepaid its 7.54% senior unsecured notes with an aggregate principal amount of $50.0 million. These notes were issued under a Master Note Purchase Agreement and had an original maturity date of July 28, 2026.

How much did Crescent Capital BDC (CCAP) pay to retire its notes?

The company paid approximately $51.6 million to retire the notes. This payment covered the $50.0 million principal plus accrued and unpaid interest through the prepayment date of June 29, 2026.

What was the interest rate on Crescent Capital BDC’s prepaid notes?

The prepaid notes carried a fixed interest rate of 7.54%. By repaying these senior unsecured notes early, Crescent Capital BDC removed this specific 7.54% borrowing from its capital structure ahead of the original July 28, 2026 maturity date.

Do any of Crescent Capital BDC’s 7.54% senior unsecured notes remain outstanding?

No, none of these notes remain outstanding. After Crescent Capital BDC paid approximately $51.6 million in principal and accrued interest, the entire $50.0 million aggregate principal amount of the 7.54% notes was fully retired.

Under what agreement were Crescent Capital BDC’s prepaid notes issued?

The notes were issued under a Master Note Purchase Agreement dated July 30, 2020. This agreement was later amended and supplemented in February 2021 and May 2023 with additional supplements among Crescent Capital BDC and the purchaser group.

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

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Accepted by SEC EDGAR 07/01/2026 - 04:05 PM Learn about SEC filing dates

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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 29, 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 8.01. Other Events

On June 29, 2026, Crescent Capital BDC, Inc. (the “Company”) exercised its option to prepay $50.0 million in aggregate principal amount of its issued and outstanding 7.54% senior unsecured notes due July 28, 2026 (the “Notes”), pursuant to the terms of the Master Note Purchase Agreement, dated July 30, 2020, as amended and supplemented by the First Supplement to Note Purchase Agreement, dated February 17, 2021, and the Second Supplement to Note Purchase Agreement, dated May 9, 2023, among the Company and the purchasers signatory thereto. The aggregate amount paid was approximately $51.6 million, consisting of the remaining principal amount of the Notes plus accrued and unpaid interest through the prepayment date. Following the prepayment, none of the Notes remain outstanding.

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: July 1, 2026				By:		/s/ Gerhard Lombard
				Name:		Gerhard Lombard
				Title:		Chief Financial Officer

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