debt
confidence high
sentiment neutral
materiality 0.50
Carlyle Secured Lending issues $300M of 6.750% Notes due 2030 to refinance existing debt
Carlyle Secured Lending, Inc.
- Issued $300M aggregate principal amount of 6.750% Notes due February 18, 2030.
- Interest at 6.750% per year, payable semi-annually on Feb 18 and Aug 18, starting Feb 18, 2025.
- Net proceeds to repay revolving credit facility and 4.750%/4.500% notes due Dec 2024, plus general corporate purposes.
- Notes are unsecured, rank pari passu with other unsubordinated unsecured debt.
- Subject to change-of-control repurchase event at 100% principal plus accrued interest.