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Nuveen Churchill BDC V

private/Nuveen Churchill Private Capital Income Fundprivate

Nuveen Churchill BDC V merger with Nuveen Churchill PCAP

$337MMixedVote Scheduledhigh confidence

Key takeaways

  • Nuveen Churchill Private Capital Income Fund acquires Nuveen Churchill BDC V — $337M aggregate (mixed).

Merger Arbeconomics, downside, days

Deal value

$337M

mixed

Per-share offer

Premium

Days to close

Term fee

ConsiderationMixed
AnnouncedApr 24, 2026
Days outstanding84d
Expected close
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing condition
Debt commitment
Insider lock-up

Timelineannounced → close
  1. Announced

    Apr 24, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

    Apr 30, 2026

  6. Expected close


Vote Mechanicsrecord / mailing / vote
Vote required78d post-vote
Vote dateApr 30, 2026
Record date
Mailing date
Record → vote
Thresholdthe affirmative vote of the majority of the votes cast by holders of the outstanding common shares of beneficial interest, par value $0.01 per share, of BDC V (the "BDC V Common Shares") entitled to vote at the Special Meeting
Min approvalparsed
Shares outstanding
Insider lock-up

Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.


Closing Conditionsapprovals · vote · financing · lockups
0 done · 1 pending · 1 total
  • Shareholder approval· the affirmative vote of the majority of the votes cast by holders of the outstanding common shares of beneficial interest, par value $0.01 per share, of BDC V (the "BDC V Common Shares") entitled to vote at the Special Meeting

Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

No advisor data on record for this deal.


Sources

Nuveen Churchill BDC V shareholders are being asked to approve the sale of substantially all of BDC V's assets and liabilities to affiliated Nuveen Churchill Private Capital Income Fund (PCAP) for consideration equal to BDC V's net asset value as of the determination date. Following shareholder approval, BDC V will withdraw its BDC election, liquidate, and distribute cash proceeds to shareholders. The transaction provides liquidity to BDC V shareholders and consolidates assets within the affiliated Nuveen-managed BDC structure.

Item id: bf3f3165-1031-42fe-80b2-4be38d4f304e · ingested Apr 24, 2026