Item 1.01
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Entry into a Material Definitive Agreement.
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On August 27, 2024, Nuveen Churchill Direct Lending Corp. (the "Company"), a Maryland corporation, and Nuveen Churchill BDC SPV V, LLC, a Delaware limited liability company (the "Borrower"), entered into a fifth amendment (the "Fifth Amendment") to the Amended and Restated Loan and Security Agreement, dated as of December 31, 2019 (as amended by the Fifth Amendment, the "Loan and Security Agreement," and the facility thereunder the "Wells Fargo Financing Facility"), among the Company, as the collateral manager, the Borrower, as borrower, the lenders and issuing banks from time to time party thereto, Wells Fargo Bank, National Association, as administrative agent and a lender, and the Company, as equity investor. The Fifth Amendment, among other things, increased the total committed facility amount under the Wells Fargo Financing Facility from $150,000,000 to $225,000,000. Capitalized terms used but not defined herein have the meanings ascribed thereto in the Loan and Security Agreement.
The foregoing description of the Fifth Amendment is not complete and is qualified in its entirety by reference to the full text of the Fifth Amendment, which is attached hereto as Exhibit 10.1.