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KBRA Assigns Rating to Crescent Capital BDC, Inc.'s $115 Million Senior Unsecured Notes Due 2028 and 2030

www.businesswire.com 27-12-2024 03:24 0.5 Minutes reading
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB- to Crescent Capital BDC, Inc.'s (“CCAP” or “the company”) $115 million senior unsecured notes due in 2028 and 2030. The notes comprise a $35 million, 6.77% tranche and an $80 million, 6.90% tranche with maturities of February 18, 2028, and February 18, 2030, respectively. The rating Outlook is Positive. The notes are being issued in anticipation of 2026 unsecured note maturities. Key Credit Considerations The rating and Positive Outlook a

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