CGBD calls 2028 notes; $85M principal redeemed Dec 1, 2025
Rhea-AI Filing Summary
Carlyle Secured Lending, Inc. (CGBD) announced it will redeem 100% of its outstanding 8.20% Notes due 2028 on December 1, 2025. The redemption covers $85,000,000 aggregate principal amount, with holders to receive 100% of principal plus accrued and unpaid interest to, but excluding, the redemption date.
Following the redemption, the 8.20% notes will be delisted from the Nasdaq Global Select Market. The company disclosed the plan via a press release furnished under Regulation FD.
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Insights
$85M 2028 notes called at par plus accrued interest.
Carlyle Secured Lending will redeem its 8.20% notes due 2028, paying $85,000,000 of principal at 100% plus accrued interest to, but excluding, December 1, 2025. This is a standard bond call at par.
The transaction implies a near-term cash outflow for principal and the accrued coupon at 8.20%. Post-redemption, the notes will be delisted from Nasdaq, removing this security from trading.
Actual impact will depend on the company’s funding sources and capital allocation choices surrounding the redemption; these details are not included in the excerpt.
8-K Event Classification
FAQ
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