Carlyle to End Nasdaq Listing for Debt Instrument

Carlyle Prepares to Retire High-Yield Notes Ahead of Maturity

Carlyle Secured Lending, Inc. has announced its intention to redeem all $85 million of its outstanding 8.20% Notes due 2028, with the transaction set to take effect on December 1, 2025. The company will pay holders the full principal amount plus accrued but unpaid interest for the current interest period through the day before the redemption date. Upon completion, the notes will be delisted from the Nasdaq Global Select Market.

The notes were originally issued in November 2023 under a formal indenture agreement. Their relatively high 8.20% coupon rate suggests the redemption may be part of a strategy to reduce the company's borrowing costs, especially in a lower-rate environment. The retirement of these securities also simplifies Carlyle Secured Lending’s capital structure, potentially improving its financial flexibility for future investments or funding initiatives.

Strategic Focus and Portfolio Management

This decision comes amid continued focus by Carlyle Secured Lending on generating current income and long-term value through its core business of senior secured debt investments. The company, which is regulated as a business development company under the Investment Company Act of 1940 , typically lends to U.S. middle market companies supported by private equity sponsors.

Carlyle Global Credit Investment Management, an SEC-registered investment adviser and a wholly owned subsidiary of Carlyle, manages the platform. This affiliation provides the lending arm with access to Carlyle’s global scale, operational expertise, and investment network—capabilities that have helped shape its consistent credit underwriting approach and portfolio diversification.

Parent Company Overview

The parent company, Carlyle Group, maintains a strong position in the alternative investment industry, with $474 billion in assets under management as of September 30, 2025. Its operations span private equity, global credit, and solutions, supported by a network of over 2,400 employees across 27 offices worldwide. This scale underscores Carlyle’s global reach and influence in capital markets.

The company clarified that this announcement does not constitute an official redemption notice or an offer to repurchase securities. Formal redemption notices will be sent directly to registered holders through the appointed trustee.