Company: FCRX
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000950170-25-023153
Chunk: 462

Company: Crescent Capital BDC, Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1B
Chunk 462
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 31, 2024, and 2023, Sun Life owned 6.01% and 4.60%, respectively, of the Company’s outstanding common stock. Sun Life is the sole lender of the Company’s Series 2023A Unsecured Notes and a $10,000 participating lender in the Company’s Series 2021A Unsecured Notes, both described further in Note 6. As further described in Note 13 "FCRD Acquisition", the Adviser paid $35,000 of cash consideration to FCRD stockholders as part of the FCRD Acquisition, a portion of which has been included in consideration paid for the net assets acquired as a deemed capital contribution to the Company.

149

Investments in affiliated and controlled companies Under the 1940 Act, the Company is required to separately identify non-controlled investments where it owns, either directly or indirectly, 5% or more of a portfolio company’s outstanding voting securities and/or has the power to exercise control over the management or policies of such portfolio company as investments in “affiliated” companies. In addition, under the 1940 Act, the Company is required to separately identify investments where it owns, either directly or indirectly, more than 25% of a portfolio company’s outstanding voting securities and/or has the power to exercise control over the management or policies of such portfolio company as investments in “controlled” companies. Detailed information with respect to the Company’s non-controlled, non-affiliated; non-controlled, affiliated; and controlled affiliated investments is contained in the accompanying consolidated financial statements, including the Consolidated Schedule of Investments and the summary tables below. The Company’s investments in non-controlled affiliates for the year ended December 31, 2024 were as follows (in thousands):  

        Fair Value as of December 31, 2023
         
        Gross Additions (1)
         
        Gross Reductions (2)
         
        Net Realized Gains/(Losses)
         
        Change in Unrealized Gains/(Losses)
         
        Fair Value as of December 31, 2024
         
        Dividend, Interest, PIK and Other Income

        Non-Controlled Affiliates

        AX VI INV2 Holding AB
        $
        14,152
         
        $
        903
         
        $
        —
         
        $
        —
         
        $
        55
         
        $
        15,110
         
        $