Nuveen Churchill Direct Lending Corp. — News

Nuveen Churchill Direct Lending NYSE: NCDL reported second-quarter net investment income of $0.41 per share, covering its $0.36 per-share base quarterly distribution, while credit challenges during the period contributed to a decline in net asset value and an increase in non-accrual investments.

marketbeat.com - 2026-08-08 16:05:44

Nuveen Churchill Direct Lending Corp. (NCDL) Q2 2026 Earnings Call Transcript

seekingalpha.com - 2026-08-06 14:24:28

Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) (“NCDL” or the “Company”), a business development company externally managed by its investment advise

gurufocus.com - 2026-08-06 08:00:00

NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) (“NCDL” or the “Company”), a business development company externally managed by its investment adviser, Churchill DLC Advisor LLC (the “Adviser”), and by its sub-adviser, Churchill Asset Management LLC (“Churchill”), today reported financial results for the second quarter ended June 30, 2026. Financial Highlights and Recent Developments for the Quarter Ended June 30, 2026 Net investment income of $0.41 per share Net r.

businesswire.com - 2026-08-06 07:20:00

NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) (“NCDL” or “the Company”), today announced it will report its financial results for the second quarter ended June 30, 2026, on Thursday, August 6, 2026, before the market opens. The Company will host an earnings conference call and public webcast at 10:00 AM Eastern Time the same day to discuss its financial results.All interested parties may participate in the conference call by dialing (866)-605-1826 approximately 10.

businesswire.com - 2026-07-15 16:15:00

NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (the “Company,” “we,” “us,” or “our”) (NYSE: NCDL) today announced that it has closed an underwritten public offering of an additional $100.0 million in aggregate principal amount of its 6.650% unsecured notes due 2030 (the “Notes”), which resulted in net proceeds to the Company of approximately $99.4 million, after deducting the underwriting discount and the estimated offering expenses payable by the Company. Purchasers will be r.

businesswire.com - 2026-07-10 16:30:00

NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (the “Company,” “we,” “us” or “our”) (NYSE: NCDL) today announced that it has priced an underwritten public offering of an additional $100.0 million in aggregate principal amount of its 6.650% unsecured notes due 2030 (the “Notes”). The Notes will be issued at a price of 100.123% of the aggregate principal amount of the Notes. Purchasers will be required to pay accrued and unpaid interest on the Notes from March 15, 2026 up to, bu.

businesswire.com - 2026-07-08 17:15:00

Stocks are sky-high, but us contrarians are looking for dividend deals. And we found them in one forgotten corner of the Wall Street world.

forbes.com - 2026-06-13 12:25:59

Nuveen Churchill Direct Lending Corp. trades at an 11.7% yield and a 26% discount, with a focus on first-lien, middle-market borrowers. NCDL's net investment income fell 4% quarter-over-quarter but less than 2% after accounting for a one-time debt financing cost. Portfolio quality remains strong: non-accruals are less than half the sector median, diversification is high, and realized losses are low relative to peers.

seekingalpha.com - 2026-06-11 02:42:51

There is a principle I have followed for 30 years in this business. When the smartest credit team on the planet starts aggressively buying a beaten-down asset class they understand better than anyone alive, you do not sit on your hands and debate whether the timing is perfect.

benzinga.com - 2026-05-24 13:33:07

We take a look at the action in business development companies through the second week of May and highlight some of the key themes we are watching. BDCs underperformed the income market, with several names near 1-year lows despite stable NAV returns and manageable non-accruals across the sector. Q1 median total NAV return is -0.2%, indicating sector resilience despite credit spread pressures, especially in software portfolios.

seekingalpha.com - 2026-05-17 04:33:41

Nuveen Churchill Direct Lending remains under pressure from high-interest rates and sector headwinds, leading me to maintain a sell rating. NCDL's NAV continues to erode, with Q1 2026 NAV at $17.50 per share and net investment income declining year-over-year. While the 10.9% dividend yield is currently covered, rising PIK income and persistent NAV declines raise concerns about long-term sustainability.

seekingalpha.com - 2026-05-15 02:11:47

Nuveen Churchill Direct Lending NYSE: NCDL reported lower first-quarter earnings as declining base rates and one-time refinancing costs weighed on net investment income, while management said the company's middle-market portfolio remained resilient despite market volatility and negative headlines around private credit.

marketbeat.com - 2026-05-12 09:08:30