Carlyle Secured Lending prices $300 million unsecured notes due 2031

Carlyle Secured Lending, Inc. (NASDAQ: CGBD) announced it priced an underwritten public offering of $300 million in aggregate principal amount of 5.750% unsecured notes due 2031. The notes will mature on February 15, 2031 and may be redeemed in whole or in part at the company's option at the applicable redemption price.

The offering is expected to close on October 7, 2025, subject to customary closing conditions. The company intends to use net proceeds to repay outstanding debt including its revolving credit facility, fund new investment opportunities, and for general corporate purposes, which may include opportunistic repurchases of outstanding debt.

J.P. Morgan Securities LLC, Barclays Capital Inc., BofA Securities, Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., and R. Seelaus & Co., LLC are serving as joint book-running managers for the offering.

Carlyle Secured Lending is a closed-end, non-diversified business development company that provides senior secured debt investments to U.S. middle market companies backed by private equity sponsors. The company is managed by Carlyle Global Credit Investment Management L.L.C., a subsidiary of Carlyle (NASDAQ: CG).

The information is based on a company press release statement.

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