Carlyle Secured Lending Files 8-K

Ticker: CGBD · Form: 8-K · Filed: Aug 5, 2024 · CIK: 1544206

Carlyle Secured Lending, Inc. 8-K Filing Summary
FieldDetail
CompanyCarlyle Secured Lending, Inc. (CGBD)
Form Type8-K
Filed DateAug 5, 2024
Risk Levelmedium
Pages14
Reading Time17 min
Key Dollar Amounts$0.001, $0.01, $26 m, $26 million, $5 million
Sentimentneutral

Sentiment: neutral

Topics: material-agreement, financial-condition, disclosure

TL;DR

CSL filed an 8-K on Aug 2, 2024, detailing a material agreement and financial updates.

AI Summary

Carlyle Secured Lending, Inc. (CSL) announced on August 2, 2024, that it entered into a material definitive agreement related to its results of operations and financial condition. The filing also includes financial statements and exhibits, and a Regulation FD disclosure. The company, formerly known as TCG BDC, Inc. and Carlyle GMS Finance, Inc., is incorporated in Maryland and headquartered in New York.

Why It Matters

This 8-K filing indicates a significant event for Carlyle Secured Lending, Inc., potentially impacting its financial condition and operations, and requires investor attention.

Risk Assessment

Risk Level: medium — 8-K filings often contain material information that can affect a company's stock price, requiring careful review by investors.

Key Players & Entities

  • Carlyle Secured Lending, Inc. (company) — Registrant
  • August 2, 2024 (date) — Date of earliest event reported
  • TCG BDC, Inc. (company) — Former company name
  • Carlyle GMS Finance, Inc. (company) — Former company name
  • Maryland (jurisdiction) — State of Incorporation
  • New York (location) — Business Address City

FAQ

What is the nature of the material definitive agreement mentioned in the filing?

The filing states that Carlyle Secured Lending, Inc. entered into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.

What are the key items reported in this 8-K filing?

This 8-K filing reports on the entry into a material definitive agreement, results of operations and financial condition, Regulation FD disclosure, and financial statements and exhibits.

When was the earliest event reported in this filing?

The earliest event reported in this filing occurred on August 2, 2024.

What were Carlyle Secured Lending, Inc.'s previous names?

Carlyle Secured Lending, Inc. was formerly known as TCG BDC, Inc. and Carlyle GMS Finance, Inc.

Where is Carlyle Secured Lending, Inc. incorporated and headquartered?

Carlyle Secured Lending, Inc. is incorporated in Maryland and its business address is in New York.

Filing Stats: 4,265 words · 17 min read · ~14 pages · Grade level 15.7 · Accepted 2024-08-05 06:04:42

Key Financial Figures

  • $0.001 — ch common share of beneficial interest, $0.001 par value per share, of CSL III ("CSL I
  • $0.01 — er of shares of common stock, par value $0.01 per share, of CGBD ("CGBD Common Stock"
  • $26 m — D of a termination fee of approximately $26 million, change its recommendation to the
  • $26 million — III a termination fee of approximately $26 million. Expenses If the closing of the Mer
  • $5 million — regate cap for both CGBD and CSL III of $5 million. If the closing of the Mergers does not
  • $2.5 million — ger Agreement up to an aggregate cap of $2.5 million (and, in the case of this clause (i), C
  • $0.40 — f a third quarter 2024 base dividend of $0.40 per share, plus a supplemental dividend
  • $0.07 — share, plus a supplemental dividend of $0.07 per share, payable on October 17, 2024

Filing Documents

Forward-Looking Statements

Forward-Looking Statements Some of the statements in this Current Report on Form 8-K constitute forward-looking statements because they are not historical facts, but instead relate to future events or the future performance or financial condition of CGBD, CSL III or the Mergers. The forward-looking statements may include statements as to: future operating results of CGBD and CSL III and distribution projections; business prospects of CGBD and CSL III and the prospects of their portfolio companies; and the impact of the investments that CGBD and CSL III expect to make. In addition, words such as "anticipates," "believes," "expects," "intends," "will," "should," "may," "plans," "continue," "believes," "seeks," "estimates," "would," "could," "targets," "projects," "outlook," "potential," "predicts," and variations of these words and similar expressions to identify forward-looking statements, although not all forward-looking statements include these words. The forward-looking statements contained in this Current Report on Form 8-K involve risks and uncertainties. Certain factors could cause actual results and conditions to differ materially from those projected, including the uncertainties associated with (i) the timing or likelihood of the Mergers closing; (ii) the expected synergies and savings associated with the Mergers; (iii) the ability to realize the anticipated benefits of the Mergers, including the expected elimination of certain expenses and costs due to the Mergers; (iv) the percentage of CGBD stockholders voting in favor of the proposals submitted for their approval; (v) the possibility that competing offers or acquisition proposals will be made; (vi) the possibility that any or all of the various conditions to the consummation of the Mergers may not be satisfied or waived; (vii) risks related to diverting management's attention from ongoing business operations; (viii) the risk that stockholder litigation in connection with the Mergers may result in signif

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: August 5, 2024 By: /s/ Thomas M. Hennigan Name: Thomas M. Hennigan Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.