Company: FCRX
Filing Date: 2025-11-03
Form Type: 8-K
Source: 0001193125-25-262594
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Company: Crescent Capital BDC, Inc.
Filing Date: 2025-11-03
Form: 8-K
Item: Item 1.01
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Item 1.01.      Entry into a Material Definitive Agreement.  

On October 30, 2025, Crescent Capital BDC, Inc., a Maryland corporation (the “ Company”), entered into a Fourth Supplement to Note Purchase Agreement (the “ Fourth Supplement”) by and among the Company and the qualified institutional investors named therein (the “ Series 2025A Additional Purchasers”) governing the issuance of up to (a) $67.5 million in aggregate principal amount of senior unsecured notes due February 13, 2029 (the “ Tranche A Notes”), (b) $67.5 million in aggregate principal amount of senior unsecured notes due February 13, 2031 (the “ Tranche B Notes”) and $50.0 million in aggregate principal amount of senior unsecured notes due May 22, 2029 (the “ Tranche C Notes” and, together with the Tranche A and Tranche B Notes, the “ Series 2025A Notes”). The Fourth Supplement supplements the Note Purchase Agreement, dated July 30, 2020 by and among the Company and the purchasers party thereto (as amended prior to the date hereof, the “ Master Note Purchase Agreement” and together with the Fourth Supplement, the “ Note Purchase Agreement”) pursuant to which the Company previously issued certain senior unsecured notes. The Tranche A Notes have a fixed interest rate of 5.87% and will be due on February 13, 2029 unless redeemed, purchased or prepaid prior to such date by the Company or its affiliates in accordance with their terms. The Tranche B Notes have a fixed interest rate of 6.20% and will be due on February 13, 2031 unless redeemed, purchased or prepaid prior to such date by the Company or its affiliates in accordance with their terms. The Tranche C Notes have a fixed interest rate of 5.97% and will be due on May 22, 2029 unless redeemed, purchased or prepaid prior to such date by the Company or its affiliates in accordance with their terms. Interest on the Series 2025A Notes will be payable semiannually, on the 13th day of February and August in each year, commencing with February 13, 2026. The Series 2025A Notes will be issued in two closing on or before May 22, 2026. The issuance of the Tranche A Notes and Tranche B notes is expected to occur on or before