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UNITED STATES

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

 

Pursuant to section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported): February 21, 2023 (February 15, 2024)

 

 

Crescent Capital BDC, Inc.

 

(Exact name of registrant as specified in its charter)

 

 

Maryland

814-01132

47-3162282

(State or Other Jurisdiction of

Incorporation or Organization)

(Commission

File Number)

(I.R.S. Employer
Identification No.)

 

 

 

11100 Santa Monica Blvd., Suite 2000,

 

 

Los Angeles, CA

 

90025

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (310) 235-5900

 

Not Applicable

 

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to 12(b) of the Act:

 

Securities registered pursuant to Section 12(g) of the Act:

 

Title of each class

 

Trading Symbol

Name of each exchange on which registered

Common Stock, $0.001 par value per share

 

CCAP

 

The Nasdaq Stock Market LLC

5.00% Notes due 2026

 

FCRX

 

The New York Stock Exchange

 

Common Stock, par value $0.001 per share

 

 

 

(Title of class)

 

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 


 

Item 2.02. Results of Operations and Financial Condition.

 

On February 21, 2024, Crescent Capital BDC, Inc. (the “Company”) issued a press release announcing its financial results for the quarter and year ended December 31, 2023. The text of the press release is included as Exhibit 99.1 to this Form 8-K.

The information disclosed under this Item 2.02, including Exhibit 99.1 hereto, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

Effective February 15, 2024, the Board of Directors of the Company appointed Henry Chung, age 36, as its President. In connection with his appointment, Mr. Chung also became a member of the Company’s investment committee.

Mr. Chung is a Managing Director within Crescent Capital Group LP (“Crescent”) focused on private credit. He joined Crescent in 2015 and today has responsibility for all aspects of the Company’s investment activities. Prior to joining Crescent, Mr. Chung was a member of the Corporate Finance Division of Imperial Capital specializing in leveraged finance. Prior thereto, he was a member of Trinity Capital LLC, a boutique investment bank. Mr. Chung received his BA from the University of California, Los Angeles.

Mr. Chung succeeds Jason Breaux as the Company’s President. Mr. Breaux continues in his role as the Company’s Chief Executive Officer.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibits

 

 

Number

Description

99.1

Press Release, dated February 21, 2024

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

 


 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

CRESCENT CAPITAL BDC, INC.

Date: February 21, 2024

By:

/s/ Gerhard Lombard

 

Name:

Gerhard Lombard

 

Title:

Chief Financial Officer