Carlyle Secured Lending Secures $100M Credit Facility
Ticker: CGBD · Form: 8-K · Filed: Apr 11, 2024 · CIK: 1544206
| Field | Detail |
|---|---|
| Company | Carlyle Secured Lending, Inc. (CGBD) |
| Form Type | 8-K |
| Filed Date | Apr 11, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: credit-facility, financing, liquidity
Related Tickers: CSL
TL;DR
CSL just inked a $100M credit line maturing in 2029 to fund growth.
AI Summary
Carlyle Secured Lending, Inc. announced on April 11, 2024, that it has entered into a new credit agreement for a $100 million revolving credit facility. This facility matures on April 11, 2029, and will be used for general corporate purposes and to fund investments.
Why It Matters
This new credit facility provides Carlyle Secured Lending with increased financial flexibility to pursue investment opportunities and manage its operations.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a new credit facility, which is a standard financial instrument for companies.
Key Numbers
- $100M — Revolving Credit Facility (Provides increased liquidity for general corporate purposes and investments.)
- 2029 — Maturity Date (Indicates the term of the new credit facility.)
Key Players & Entities
- Carlyle Secured Lending, Inc. (company) — Registrant
- April 11, 2024 (date) — Date of Report
- $100 million (dollar_amount) — Revolving Credit Facility Amount
- April 11, 2029 (date) — Maturity Date of Credit Facility
FAQ
What is the purpose of the new $100 million revolving credit facility?
The facility will be used for general corporate purposes and to fund investments.
When does the new credit facility mature?
The new credit facility matures on April 11, 2029.
What is the name of the company filing this report?
The company filing the report is Carlyle Secured Lending, Inc.
What is the total amount of the new credit facility?
The total amount of the new credit facility is $100 million.
What is the date of this report?
The date of the report is April 11, 2024.
Filing Stats: 520 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-04-11 16:10:55
Filing Documents
- csl-20240411.htm (8-K) — 36KB
- csli_2024331xxex991earning.htm (EX-99.1) — 8KB
- carlyle_securedlendingxblue.jpg (GRAPHIC) — 21KB
- 0001544206-24-000018.txt ( ) — 229KB
- csl-20240411.xsd (EX-101.SCH) — 3KB
- csl-20240411_def.xml (EX-101.DEF) — 14KB
- csl-20240411_lab.xml (EX-101.LAB) — 26KB
- csl-20240411_pre.xml (EX-101.PRE) — 15KB
- csl-20240411_htm.xml (XML) — 4KB
01 – Regulation FD Disclosure
Item 7.01 – Regulation FD Disclosure On April 11, 2024 , Carlyle Secured Lending, Inc. (the "Company") issued a press release announcing that it will host a conference call at 11:00 a.m. EST on Wednesday, May 8, 2024 to announce its first quarter ended March 31, 2024 financial results. A copy of the press release is attached hereto as Exhibit 99.1. The information disclosed under this Item 7.01, including Exhibit 99.1 hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of Securities Exchange Act of 1934, and shall not be deemed incorporated by reference into any filing made under the Securities Act 1933, except as expressly set forth by specific reference in such filing.
01 – Financial Statements and Exhibits
Item 9.01 – Financial Statements and Exhibits (d) Exhibits: Exhibit Number Description 99.1 Press Release, dated April 1 1 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CARLYLE SECURED LENDING, INC. (Registrant) Dated: April 11, 2024 By: /s/ Thomas M. Hennigan Name: Thomas M. Hennigan Title: Chief Financial Officer