Company: FCRX
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000950170-25-023153
Chunk: 284

Company: Crescent Capital BDC, Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1
Chunk 284
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        Series 2024A Unsecured Notes - 2030
         
        80,000

        —

        80,000

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        —

        —

        —

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        Total Debt
        $
        1,221,600

        $
        884,051

        $
        337,549

        $
        884,051

        $
        1,181,600

        $
        851,921

        $
        329,679

        $
        851,921

       (1)The amount available is subject to any limitations related to the respective debt facilities’ borrowing bases and foreign currency translation adjustments. (2)The amount presented excludes netting of deferred financing costs. (3)As of December 31, 2024 and 2023, the carrying amount of the Company’s outstanding debt approximated fair value unless otherwise noted.(4)As of December 31, 2024 and 2023, the fair value of the Series 2021A Unsecured Notes was approximately $133,280 and $128,196, respectively.(5)As of December 31, 2024 and 2023, the fair value of the FCRX Unsecured Notes was approximately $109,680 and $104,458, respectively.(6)As of December 31, 2024 and 2023, the fair value of the Series 2023A Unsecured Notes was approximately $52,027 and $51,986, respectively.The combined weighted average interest rate of the aggregate borrowings outstanding for the years ended December 31, 2024, 2023, and 2022 was 7.12%, 7.02% and 4.73% respectively. The combined weighted average debt of the aggregate borrowings outstanding for the years ended December 31, 2024, 2023, and 2022 was $881,056, $836,999 and $673,503 respectively. The fair values of the Company’s debt are determined in accordance with ASC 820, which defines fair value in terms of the price that would be paid to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions. The fair value of the Company's debt is calculated by discounting remaining payments using comparable market rates or market quotes for similar instruments at the measurement date. As of December 31, 2024 and 2023, all