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Nuveen Churchill Direct Lending

NCDL
NYSEFinancials
$12.77
USD
-0.01(-0.08%)
At close: Jun 12, 20:00 UTC

Open

$12.78

Prev. Close

$12.78

High

$12.80

Low

$12.71

Market Snapshot

Market Cap

$630.67M

P/E Ratio

10.6

EPS

1.87

Revenue

$226.03M

About

Nuveen Churchill Direct Lending Corp. engages in the provision of investment services. The company is headquartered in New York City, New York and currently employs 0 full-time employees. The company went IPO on 2024-01-25. The firm's investment objective is to generate attractive risk-adjusted returns through current income by investing primarily in senior secured loans to private equity-owned United States middle market companies. The company invests in directly originated senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity. The company primarily focuses on investments in United States middle market companies with $10 million to $100 million of EBITDA, which it considers the core middle market. Its portfolio is comprised primarily of first-lien senior secured debt and unitranche loans. The company also opportunistically invests in junior capital opportunities, including second-lien loans, equity co-investments and similar equity-related securities. The company is externally managed by its investment adviser, Churchill DLC Advisor LLC, and by its sub-adviser, Churchill Asset Management LLC.

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