Company: FCRX
Filing Date: 2025-02-03
Form Type: N-2/A
Source: 0001193125-25-018583
Chunk: 40

Company: Crescent Capital BDC, Inc.
Filing Date: 2025-02-03
Form: N-2/A
Chunk 40
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 distribute cash to the stockholder at the market value of the shares at the time of termination. The market price per share of our common stock on a particular date shall be the closing price for such shares on the applicable stock exchange on such date or, if no sale is reported for such date, at the average of their reported bid and asked prices. However, if the market price per share exceeds the most recently computed net asset value per share, we will issue shares at the greater of (i) the most recently computed net asset value per share and (ii) 95% of the current market price per share (or such lesser discount to the current market price per share that still exceeds the most recently computed net asset value per share). If we determine to make open market purchase of our shares for the accounts of Participants, the purchase price for such shares shall be set to the average weighted price for all shares purchased for Plan participants with respect to such distribution. The Board of Directors would typically cause the Fund to make open market purchases of its shares for the accounts of participants under the dividend reinvestment plan if doing so was permitted under applicable law and was accretive to shareholders. There are no brokerage charges to stockholders who participate in the dividend reinvestment plan. The plan administrator’s fees under the plan are paid by us, and stockholders therefore ultimately bear the cost of plan fees. The reinvestment of our dividends may increase the amount of our assets, which could result in increases in management and incentive fees paid to our Advisor. 59

Stockholders whose cash dividends are reinvested in shares of our common stock are subject to the same U.S. federal, state and local tax consequences as are stockholders who elect to receive their dividends in cash. A stockholder’s initial basis for determining gain or loss upon the sale of stock received in a dividend from us will be equal to the total dollar amount of the dividend payable to the stockholder. Stockholders who participate in the dividend reinvestment plan will not receive a cash distribution to offset any tax payments that are due, and income or gains will be realized even if a stockholder does not receive a cash distribution. Any stock received on reinvestment of a cash dividend will have a new holding period for tax purposes commencing on the day following the day on which the shares are credited to the U.S. stockholder’s account. See “ U.S. Federal Income Tax Considerations” below. Participants may opt out of the dividend reinvestment plan or terminate their accounts under the dividend reinvestment plan