Carlyle Secured Lending, Inc. Announces Third Quarter 2022 Financial Results, Declares Total Dividends of $0.44 Per Share for Fourth Quarter 2022 and Again Increases Quarterly Base Dividend Rate

Carlyle Secured Lending, Inc.

NEW YORK, Nov. 08, 2022 (GLOBE NEWSWIRE) — Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we”, “us”, “our”, “CSL” or the “Company”) (NASDAQ: CGBD ) today announced its financial results for its third quarter ended September 30, 2022. The full detailed presentation of CSL’s third quarter 2022 results can be viewed here.

Linda Pace, Chief Executive Officer of CSL, said: “Our third quarter results were very strong with substantial increases in our sustainable income level and net asset value thanks to the continued strong performance of our portfolio in credit. The combination of higher base pricing, our stable portfolio and the current deployment environment has allowed us to generate growth in our base revenue. Based on these factors, we have increased our base and supplemental dividend rates for the fourth quarter. »

Net investment income for the third quarter of 2022 was $0.58 per common share, and net asset value per common share increased 2.1% for the third quarter from $16.81 as of June 30, 2022 at $17.16. The total fair value of our investments was $1.9. billion as of September 30, 2022.


On October 31, 2022, the Board of Directors declared a basic quarterly ordinary dividend of $0.36 plus an additional ordinary dividend of $0.08, payable on January 16, 2023 to common shareholders of record as of December 30, 2022.

On September 22, 2022, the Company declared and paid a cash dividend on the preferred shares for the period July 1, 2022 to September 30, 2022 in the amount of $0.438 per preferred share to the holder of record as of September 30, 2022.

Conference call

The Company will host a conference call at 10:00 a.m. EST on Wednesday, November 9, 2022 to discuss these quarterly financial results. The conference call will be available via public webcast via a link on the Carlyle Secured Lending website and will also be available on our website shortly after the call ends.

Carlyle Secured Lending, Inc.

CSL is an externally managed specialty finance company focused on middle market business lending. CSL is managed by Carlyle Global Credit Investment Management LLC, an SEC-registered investment adviser and a wholly-owned subsidiary of The Carlyle Group Inc. From the start of investment operations in May 2013 until September 30, 2022, CSL has invested approximately $7.6 billion in total. principal amount of debt and equity investments prior to any exit or subsequent redemption. CSL’s investment objective is to generate current income and capital appreciation primarily through debt securities in middle-market US companies. CSL has elected to be regulated as a business development company under the Investment Companies Act 1940, as amended.


About Carlyle

Carlyle (“Carlyle” or the “Advisor”) (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global InvestmentSolutions. With $369 billion in assets under management as of September 30, 2022, Carlyle’s goal is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. . Carlyle employs more than 2,100 people in 29 offices across five continents. Further information is available at Follow Carlyle on Twitter @OneCarlyle.


This press release may contain forward-looking statements that involve substantial risks and uncertainties. You can identify these statements by the use of forward-looking words such as “anticipate”, “believe”, “expect”, “intend”, “will”, “should”, “may”, ” plans”, “continues”, “believes”, “seeks”, “estimates”, “would”, “could”, “target”, “projects”, “outlook”, “potential”, “predicts” and the variations of these words and similar expressions to identify forward-looking statements, although not all forward-looking statements include these words. You should read statements containing these words carefully because they discuss our plans, strategies, outlook and expectations regarding our business, results of operations, financial condition and other similar matters. We believe it is important to communicate our future expectations to our investors. However, there may be future events that we cannot accurately predict or control. You should not place undue reliance on these forward-looking statements, which speak only as of the date we make them. Factors or events that could cause our actual results to differ, possibly materially, from our expectations include, but are not limited to, the risks, uncertainties and other factors we identify in the sections titled “Risk Factors” and “Caution Regarding Forecast Looking Statements” in filings with the Securities and Exchange Commission, and it is not possible for us to predict or identify all of them. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.




Daniel Hahn

Kristen Greco



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Margie D. Carlisle