Equity Details
Price & Market Data
Price: $13.39
Daily Change: +$0.12 / 0.90%
Daily Range: $13.14 - $13.52
Market Cap: $661,292,800
Daily Volume: 376,125
Performance Metrics
1 Week: -8.22%
1 Month: -2.26%
3 Months: -4.81%
6 Months: -5.68%
1 Year: -12.33%
YTD: 0.69%
About Nuveen Churchill Direct Lending Corp. (NCDL)
Get the full picture of Nuveen Churchill Direct Lending Corp. (NCDL). Price: 13.39, daily change: +$0.12 / 0.90%. Market cap: 661,292,800. All performance metrics from 1-week to 1-year are here.
Details
Nuveen Churchill Direct Lending Corp. (the Company) is business development company and was formed on March 13, 2018, as a limited liability company under the laws of the State of Delaware and was converted into a Maryland corporation on June 18, 2019 prior to the commencement of operations. The Company is a closed-end, externally managed, non-diversified management investment company that has elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940, as amended (the 1940 Act). The Company's investment objective is to generate attractive risk-adjusted returns primarily through current income by investing primarily in senior secured loans to private equity-owned U.S. middle market companies, which the Company defines as companies with approximately $10.0 million to $100.0 million of earnings before interest, taxes, depreciation and amortization (EBITDA). The Company will focus on privately originated debt to performing U.S. middle market companies, with a portfolio expected to comprise primarily of first-lien senior secured debt and unitranche loans (other than last-out positions in unitranche loans) (collectively Senior Loans). The Company will also opportunistically invest in junior capital opportunities (second-lien loans, subordinated debt, last-out positions in unitranche loans and equity-related securities) (collectively Junior Capital Investments).