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Carlyle Secured Lending (CGBD) Stock News, Jan-Oct 2025

CGBD NASDAQ

Carlyle Secured Lending, Inc. reports as a publicly traded business development company focused on directly originated financing across the capital structure, with an emphasis on senior secured lending to middle-market companies primarily in the United States. The company is externally managed by Carlyle Global Credit Investment Management L.L.C., an SEC-registered investment adviser and Carlyle subsidiary.

Recurring company updates address quarterly and annual results, net investment income, adjusted net investment income, net asset value, portfolio fair value, dividends, origination activity, credit performance and leverage. Other updates include capital-structure actions involving debt securities, joint-venture credit investments and governance or management changes tied to the BDC platform.

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Carlyle Secured Lending (NASDAQ: CGBD) will release third-quarter financial results for the period ended September 30, 2025 on Tuesday, November 4, 2025.

The company will hold a public conference call and webcast to discuss results on Wednesday, November 5, 2025 at 11:00 a.m. ET. The webcast will be available via a link on the company website and will be archived there after the call.

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Carlyle Secured Lending (Nasdaq: CGBD) has announced the pricing of a $300 million public offering of unsecured notes with a 5.750% interest rate, maturing on February 15, 2031. The offering is expected to close on October 7, 2025.

The company plans to use the proceeds to repay outstanding debt, including its revolving credit facility, fund new investment opportunities, and for general corporate purposes, including potential debt repurchases. The offering is being managed by multiple financial institutions, with J.P. Morgan Securities, Barclays Capital, and BofA Securities among the joint book-running managers.

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Carlyle Secured Lending (NASDAQ: CGBD) reported strong second quarter 2025 results, achieving record originations despite market uncertainty. The company posted Net Investment Income of $0.39 per share, while Net Asset Value (NAV) per share decreased by 1.2% to $16.43 from $16.63 in the previous quarter.

The total fair value of investments increased to $2.3 billion as of June 30, 2025. The Board declared a quarterly dividend of $0.40 per share, payable on October 17, 2025, to stockholders of record as of September 30, 2025. Since its inception in May 2013, CGBD has invested approximately $9.9 billion in debt and equity investments in middle-market companies.

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Carlyle Secured Lending (NASDAQ: CGBD) has scheduled its Q2 2025 earnings release and conference call. The company will release its financial results for the quarter ended June 30, 2025, on Tuesday, August 5, 2025.

A conference call to discuss the results will be held the following day, Wednesday, August 6, 2025, at 11:00 a.m. EST. Investors can access the call through a public webcast available on the company's website at carlylesecuredlending.com, where a replay will also be posted after the event.

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Carlyle Secured Lending (NASDAQ: CGBD) reported its Q1 2025 financial results and declared a Q2 dividend. The company achieved $0.40 per share in net investment income and $0.41 in adjusted net investment income for Q1 2025. The company's net asset value per share decreased by 1.0% to $16.63 from $16.80 in the previous quarter. Total investment fair value increased to $2.2 billion, primarily due to the successful merger with CSL III. The Board declared a base quarterly dividend of $0.40 per common share, payable on July 17, 2025. Notably, CGBD optimized its capital structure by exchanging preferred stock for common stock and increasing credit facility commitments. Since May 2013, CGBD has invested approximately $9.6 billion in debt and equity investments.
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Carlyle Secured Lending (NASDAQ: CGBD) has announced it will release its first quarter 2025 financial results on Tuesday, May 6, 2025. The company will host a conference call to discuss these results on Wednesday, May 7, 2025, at 11:00 a.m. EST.

The earnings conference call will be accessible through a public webcast available on the company's website at carlylesecuredlending.com. A recording of the call will also be made available on the website following the event.

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Carlyle Secured Lending (NASDAQ: CGBD) has completed its previously announced merger with Carlyle Secured Lending III (CSL III), creating a combined entity with over $2.8 billion in assets as of March 25, 2025.

As part of the merger, CSL III shareholders received 18,935,108 CGBD common stock shares based on the final exchange ratio. Additionally, Carlyle Investment Management (CIM) exchanged its CGBD convertible preferred stock for 3,004,808 common shares at current NAV, eliminating potential dilution risk from the December 31, 2024 conversion price of $8.87.

CIM entered a tiered lock-up agreement and covered $5.0 million in transaction costs on behalf of CGBD to reduce merger expenses. The transaction aims to enhance scale and deliver consistent income and returns for shareholders of the combined company.

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Carlyle Secured Lending (NASDAQ: CGBD) has received overwhelming shareholder approval for its merger with Carlyle Secured Lending III (CSL III). At the special meeting on March 26, 2025, 96% of voting CGBD shareholders supported the proposal to issue common stock for the merger transaction.

The merger is scheduled to close on March 27, 2025, subject to customary closing conditions. According to CEO Justin Plouffe, the combined company is expected to generate long-term value through increased portfolio scale and efficiency.

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Carlyle Secured Lending (NASDAQ: CGBD) reported strong Q4 and full-year 2024 financial results. The company achieved net investment income of $0.47 per share in Q4 and $2.00 per share for full-year 2024. The total fair value of investments increased to $1.8 billion as of December 31, 2024.

Net asset value (NAV) per common share slightly decreased by 0.3% to $16.80 from $16.85 in Q4. The Board declared a Q1 2025 dividend of $0.45 per share, consisting of a $0.40 base quarterly dividend plus a $0.05 supplemental dividend, payable on April 17, 2025.

The company's performance remained strong despite tightening market spreads and continued repricing activity. Since its inception in May 2013, CGBD has invested approximately $8.7 billion in aggregate principal amount of debt and equity investments.

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Carlyle Secured Lending (NASDAQ: CGBD) has announced it will hold a conference call on Wednesday, February 26, 2025 at 11:00 a.m. EST to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The company will release its quarterly results through a news release on Tuesday, February 25, 2025. The conference call will be accessible through a public webcast on the company's website at carlylesecuredlending.com, where it will also be available for replay after the event.

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FAQ

What is the current stock price of Carlyle Secured Lending (CGBD)?

Carlyle Secured Lending (CGBD) last closed at $10.89.

What is the market cap of Carlyle Secured Lending (CGBD)?

The market cap of Carlyle Secured Lending (CGBD) is approximately $749.3M.