Crescent Capital BDC Secures $185 Million in New Senior Unsecured Notes Financing

Reuters
2025/11/04
Crescent Capital BDC Secures $185 Million in New Senior Unsecured Notes Financing

Crescent Capital BDC Inc. has entered into a Fourth Supplement to its Note Purchase Agreement with qualified institutional investors, allowing for the issuance of up to $185 million in senior unsecured notes across three tranches: $67.5 million due February 13, 2029 (Tranche A Notes), $67.5 million due February 13, 2031 (Tranche B Notes), and $50 million due May 22, 2029 (Tranche C Notes). The proceeds are intended to repay certain existing indebtedness and for general corporate purposes, including investments in portfolio companies. The notes, offered in a private placement, are general unsecured obligations and feature customary covenants and events of default.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crescent Capital BDC Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-262594), on November 03, 2025, and is solely responsible for the information contained therein.

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