Carlyle Secured Lending Terminates Material Agreement
Ticker: CGBD · Form: 8-K · Filed: Oct 7, 2025 · CIK: 1544206
| Field | Detail |
|---|---|
| Company | Carlyle Secured Lending, Inc. (CGBD) |
| Form Type | 8-K |
| Filed Date | Oct 7, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $250,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement-termination, 8-k
TL;DR
CSL terminated a big deal, details scarce.
AI Summary
Carlyle Secured Lending, Inc. filed an 8-K on October 7, 2025, to report the termination of a material definitive agreement. The filing date indicates the event occurred on or before October 2, 2025. No specific details regarding the agreement or the counterparty were provided in the provided text.
Why It Matters
The termination of a material definitive agreement can impact the company's financial standing and future operations, requiring investors to understand the reasons and consequences.
Risk Assessment
Risk Level: medium — Termination of a material definitive agreement can signal underlying issues or strategic shifts that may affect the company's financial health and future performance.
Key Players & Entities
- Carlyle Secured Lending, Inc. (company) — Registrant
- October 2, 2025 (date) — Earliest event reported
- October 7, 2025 (date) — Filing date
- Maryland (jurisdiction) — State of Incorporation
- One Vanderbilt Avenue, Suite 3400 (address) — Principal Executive Offices
FAQ
What specific material definitive agreement was terminated?
The provided text does not specify the name or details of the material definitive agreement that was terminated.
Who was the counterparty to the terminated agreement?
The filing does not disclose the identity of the other party involved in the terminated agreement.
What is the effective date of the termination?
The earliest event reported date is October 2, 2025, which is the date the termination likely became effective or was reported.
Why was the material definitive agreement terminated?
The provided text does not offer any explanation or reason for the termination of the agreement.
Does this termination have a significant financial impact on Carlyle Secured Lending, Inc.?
The filing does not provide information on the financial impact of the termination; further details would be required to assess this.
Filing Stats: 901 words · 4 min read · ~3 pages · Grade level 12.8 · Accepted 2025-10-07 16:04:50
Key Financial Figures
- $250,000,000 — rovided for secured borrowings of up to $250,000,000, subject to availability under the faci
Filing Documents
- csl-20251002.htm (8-K) — 38KB
- 0001544206-25-000069.txt ( ) — 190KB
- csl-20251002.xsd (EX-101.SCH) — 3KB
- csl-20251002_def.xml (EX-101.DEF) — 16KB
- csl-20251002_lab.xml (EX-101.LAB) — 28KB
- csl-20251002_pre.xml (EX-101.PRE) — 16KB
- csl-20251002_htm.xml (XML) — 4KB
02 – Termination of a Material Definitive Agreement
Item 1.02 – Termination of a Material Definitive Agreement On October 2, 2025 , Carlyle Secured Lending, Inc. (the "Company") fully repaid all outstanding borrowings under its senior secured revolving credit facility (as amended, the "CSL III SPV Credit Facility"). The Company succeeded to the obligations of Carlyle Secured Lending III ("CSL III") under the CSL III SPV Credit Facility as a result of the completion of the CSL III Merger effective March 27, 2025. In connection with such repayment, the CSL III SPV Credit Facility was terminated, and all commitments and obligations of the lenders thereunder were cancelled. No early termination penalties were incurred in connection with the repayment. The CSL III SPV Credit Facility was originally entered into by Carlyle Secured Lending III SPV, L.L.C. (the "CSL III SPV") on September 30, 2022, and most recently amended on March 27, 2025. The CSL III SPV Credit Facility provided for secured borrowings of up to $250,000,000, subject to availability under the facility and borrowing restrictions under the Investment Company Act. It had a revolving period through September 30, 2025 and a stated maturity date of September 30, 2030, with a one-year extension option available at the election of CSL III SPV. Borrowings under the CSL III SPV Credit Facility bore interest at a rate equal to three-month SOFR (or, if applicable, a base rate comprised of the prime rate or the federal funds rate plus 0.50%) plus 2.85%, and undrawn amounts were subject to an unused commitment fee of 0.30% per annum. The CSL III SPV Credit Facility was secured by a first lien security interest on substantially all of the assets of CSL III SPV and included customary covenants, limitations on the incurrence of additional indebtedness and liens, and other maintenance requirements, as well as standard events of default for senior secured revolving credit facilities of this nature. The Company does not expect the termination of the CSL III SPV Credit Fa
01 – Financial Statements and Exhibits
Item 9.01 – Financial Statements and Exhibits (d) Exhibits: Exhibit Number Description 10.1 Loan and Servicing Agreement, dated as of September 30, 2022, and conformed through Amendment No.4 dated as of March 27, 2025, among Carlyle Secured Lending Inc. (as successor to CSL III), as Holdings, Carlyle Secured Lending III SPV, L.L.C., as the Borrower, Massachusetts Mutual Life Insurance Company and the other Lenders from time to time party hereto, Wilmington Trust National Association, as the Administrative Agent, Barings Finance LLC (as successor to Massachusetts Mutual Life Insurance Company), as the Calculation Agent, Carlyle Secured Lending III, as the Portfolio Asset Servicer, Wilmington Trust, National Association, as the Collateral Custodian, and Wilmington Trust, National Association, as the Account Bank (Incorporated by reference to Exhibit 10.4 to the Company's Current Report on Form 8-K filed with the SEC on March 28, 2025). 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: October 7, 2025 By: /s/ Thomas M. Hennigan Name: Thomas M. Hennigan Title: Chief Financial Officer