Carlyle Secured Lending, Inc. Launches Public Offering of 8.20% Unsecured Notes

NEW YORK, Nov. 13, 2023 - In a significant move within the investment sector, Carlyle Secured Lending, Inc. CGBD, a closed and undiversified investment firm based in New York, NY, has publicized the pricing of a substantial public offering. The announcement details the offer of unsecured notes valued at an aggregate principal amount of $75 million, carrying an interest rate of 8.20%, with a maturity set for 2028.

Details of the Offering

These 8.20% notes signal a continued trend in corporate financing, as firms seek to lock in long-term capital under fixed interest rates. With the due date set seven years ahead, these notes present a medium-term investment opportunity for investors looking towards stable income prospects.

Involvement of Morgan Stanley

The underwritten public offering garners added interest with the involvement of major financial institution Morgan Stanley MS, known for its global presence in investment banking and financial services, with headquarters in New York City. Their role in this offering could signal confidence in Carlyle Secured Lending's credit and operational standing in the financial markets.

Market Implications

The issuance of these notes can potentially have various implications for the market. It reflects confidence in the company's ability to meet its financial obligations, and may also influence the trading performance of CGBD. Moreover, it offers insights into market sentiments regarding unsecured debt instruments amidst economic uncertainties.

investment, finance, offering