Carlyle Secured Lending, Inc. Announces Intent to Redeem All Outstanding 8.20% Notes Due 2028
Rhea-AI Summary
Carlyle Secured Lending (Nasdaq: CGBD) announced it intends to redeem all outstanding $85,000,000 aggregate principal amount of its 8.20% Notes due 2028 on December 1, 2025. The redemption price will be 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date.
A notice of redemption will be mailed to registered holders by U.S. Bank Trust Company, National Association, as successor trustee under the Indenture dated November 20, 2023. In connection with the redemption, the 2028 Notes will be delisted from the Nasdaq Global Select Market (CGBDL). This communication is not a formal notice of redemption or an offer to purchase securities.
Positive
- Redeems $85,000,000 principal of 8.20% notes due 2028
- Redemption price set at 100% of principal plus accrued interest
- Removes ongoing 8.20% coupon obligation after redemption
Negative
- Scheduled principal cash outflow of $85,000,000 on December 1, 2025
- 2028 Notes will be delisted from Nasdaq Global Select Market (CGBDL)
News Market Reaction – CGBD
On the day this news was published, CGBD gained 0.64%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (the "Company") (Nasdaq: CGBD) today announced that it intends to redeem all
This communication does not constitute a notice of redemption under the terms of the Indenture, nor an offer to tender for, or purchase, any 2028 Notes or any other security.
About Carlyle Secured Lending: Carlyle Secured Lending, Inc. is a closed-end, non-diversified and externally managed investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. Our objective is to generate current income and capital appreciation by sourcing and providing senior secured debt investments to U.S. companies in the middle market that are generally backed by private equity sponsors. The Company is managed by Carlyle Global Credit Investment Management L.L.C., an SEC-registered investment adviser and a wholly owned subsidiary of Carlyle. We derive significant benefit from our ability access and leverage Carlyle's significant scale, vast resources and world-class talent.
About Carlyle: Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With
Forward-Looking Statements
Statements included herein contain certain “forward-looking statements” within the meaning of the federal securities laws, including statements with regard to the Company’s redemption of the 2028 Notes. You can identify these statements by the use of forward-looking terminology such as “anticipates,” “believes,” “expects,” “intends,” “will,” “should,” “may,” “plans,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “targets,” “projects,” “outlook,” “potential,” “predicts” and variations of these words and similar expressions to identify forward-looking statements, although not all forward-looking statements include these words. You should not place undue reliance on these forward-looking statements, which speak only as of the date on which we make it. Completion of the transaction on the terms described above is subject to numerous conditions, many of which are beyond the control of the Company, and such transaction may not be completed on the terms described, or at all. Factors or events that could cause our actual results to differ, possibly materially from our expectations, include, but are not limited to, the risks, uncertainties and other factors we identify in the sections entitled “Risk Factors,” “Supplementary Risk Factors” and “Special Note Regarding Forward-Looking Statements” in filings we make with the SEC, and it is not possible for us to predict or identify all of them. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
| Contacts: | |
| Investors: | Media: |
| Nishil Mehta | Kristen Ashton |
| +1 (212) 813-4918 publicinvestor@carlylesecuredlending.com | +1 (212) 813-4763 kristen.ashton@carlyle.com |
FAQ
What did CGBD announce about its 8.20% Notes due 2028 on October 31, 2025?
What redemption price will Carlyle Secured Lending pay for CGBD 2028 Notes?
When will holders receive a formal notice of redemption for CGBD 2028 Notes?
Will the CGBD 2028 Notes remain listed after the redemption?
Does this communication act as a formal notice of redemption for CGBD 2028 Notes?
What interest is payable on CGBD 8.20% Notes being redeemed?
