Nuveen Churchill BDC V 8-K

What Happened
Nuveen Churchill BDC V filed an 8-K (Item 3.02) disclosing that on December 30, 2025 it issued 1,199,520 common shares of beneficial interest (par value $0.01) for an aggregate offering price of $30.0 million pursuant to a drawdown notice under a subscription agreement. The sale was made to an investor party to that subscription agreement. The filing states the issuance was exempt from Securities Act registration under Section 4(a)(2) and pursuant to Regulation D or Regulation S, as applicable.

Key Details

• Date of issuance: December 30, 2025.
• Shares issued: 1,199,520 common shares.
• Aggregate offering price: $30.0 million (implied price ≈ $25.00 per share).
• Transaction basis: drawdown under a subscription agreement; investors fund drawdowns up to their capital commitments on an as-needed basis.
• Registration exemption: Section 4(a)(2) and Regulation D or Regulation S, as applicable.

Why It Matters
This filing notifies investors that the company raised $30.0M of capital through a private issuance under its subscription framework. The issuance increases the company’s outstanding common shares by 1,199,520 and adds cash to the balance sheet; the 8-K does not specify how the proceeds will be used. Shareholders and prospective investors should monitor future filings for details on use of proceeds and any disclosed impacts on per-share metrics (NAV, dividends, or dilution).