Item 1.01. Entry into a Material Definitive Agreement

On October 27, 2021, Crescent Capital BDC, Inc. (the "Company"), and certain subsidiaries of the Company entered into a Senior Secured Revolving Credit Agreement (the "Revolving Credit Agreement") with Sumitomo Mitsui Banking Corporation as Administrative Agent, Collateral Agent, and lender, and certain other lenders named therein.

The Revolving Credit Agreement provides a secured revolving credit facility of up to $300 million. Proceeds from the Revolving Credit Agreement will primarily be used to pay down the Company's existing credit facility under the Ally Credit Agreement (defined below), and may be used, among other things, to acquire portfolio investments and pay related expenses. Borrowings under the Revolving Credit Agreement will generally bear interest at a rate of LIBOR +1.875% on outstanding amounts, or as otherwise determined by the Revolving Credit Agreement.

The Revolving Credit Agreement includes representations, warranties, covenants, terms and conditions that are customary for transactions of this type, including limitations on liens, incurrence of additional indebtedness, covenants to preserve corporate existence and comply with existing laws, and default provisions, including defaults for non-payment,breach of representations and warranties, and nonperformance of covenants.

On October 27, 2021, concurrent with its entry into the Revolving Credit Agreement, the Company exercised a portion of the Revolving Credit Agreement by drawing approximately $103 million in order to pay down, and thereby terminate pursuant to its terms, the Loan and Security Agreement between the Company and Ally Bank as Administrative Agent and lender, and certain other lenders named therein (the "Ally Credit Agreement"), which was previously disclosed in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on September 5, 2019. The Ally Credit Agreement generally bore interest at a rate of LIBOR + 2.35% on outstanding amounts, or as otherwise determined by the Ally Credit Agreement.

The description above is only a summary of the material provisions of the Revolving Credit Agreement and is qualified in its entirety by reference to a copy of the Revolving Credit Agreement which is filed as Exhibit 10.1 to this Current Report on Form 8-K.

Item 1.02 Termination of a Material Definitive Agreement

The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated into this Item 1.02 by reference.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-BalanceSheet Arrangement of a Registrant

The information set forth under Item 1.01 of this Current Report on Form 8-Kis incorporated into this Item 2.03 by reference.

Item 9.01. Financial Statements and Exhibits





Exhibit No.       Description
10.1                Senior Secured Revolving Credit Agreement dated October  27,
                  2021, by and among Crescent Capital BDC, Inc. as the Borrower,
                  certain lenders party thereto and Sumitomo Mitsui Banking
                  Corporation, as administrative agent, arranger, and lender.

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