debt
confidence high
sentiment neutral
materiality 0.60
Carlyle Secured Lending completes $410M CLO refinancing; issues new notes with SOFR+1.80% to SOFR+3.75% spreads
Carlyle Secured Lending, Inc.
- $410M term debt securitization (CLO) refinancing completed July 2, 2024.
- Issued notes across six tranches: $240M AAA (SOFR+1.80%), $50M AAA loans (SOFR+1.80%), $20M AAA (SOFR+2.00%), $30M AA (SOFR+2.15%), $40M A (SOFR+2.75%), $30M BBB- (SOFR+3.75%).
- Proceeds used to redeem all prior outstanding notes and pay fees; additional $13.529M Preferred Interests issued.
- CLO debt matures July 2036; Carlyle Global Credit remains collateral manager.