Press release
Carlyle Secured Lending, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results, Declares First Quarter 2023 Base Dividend of $0.37 Per Share and Supplemental Dividend of $0.07 per Common Share
NEW YORK, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CSL” or the
About this update from The Carlyle Group Inc.
[{"type":"text","content":"NEW YORK, Feb. 27, 2023 (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 fourth quarter and full year ended December 31, 2022. Linda Pace, CSL’s Chair of the Board said, “Our fourth quarter and full year 2022 results were strong across each of our objectives and demonstrated our ability to deliver sustainable income, positive NAV growth and outstanding stock performance. We remain confident in the current positioning of our portfolio and look forward to another solid year of creating long-term value for our shareholders in 2023.” Net investment income for the fourth quarter of 2022 was $0.48 per common share, and net asset value per common share decreased by 1.0% for the fourth quarter to $16.99 from $17.16 as of September 30, 2022. The total fair value of our investments was $2.0 billion as of December 31, 2022. Dividends On February 21, 2023, the Board of Directors declared a base quarterly common dividend of $0.37 plus a supplemental common dividend of $0.07, which are payable on April 14, 2023 to common stockholders of record on March 31, 2023. On December 16, 2022, the Company declared a cash dividend on the Preferred Stock for the period from October 1, 2022 to December 31, 2022 in the amount of $0.438 per Preferred Share to the holder of record on December 30, 2022. Conference Call The Company will host a conference call at 10:00 a.m. EST on Tuesday, February 28, 2023 to discuss these quarterly financial results. The conference call will be available via public webcast via a link on Carlyle Secured Lending’s website and will also be available on our website soon after the call’s completion. Carlyle Secured Lending, Inc. CSL is an externally managed specialty finance company focused on lending to middle-market companies. CSL is managed by Carlyle Global Credit Investment Management L.L.C., an SEC-registered investment adviser and a wholly owned subsidiary of The Carlyle Group Inc. Since it commenced investment operations in May 2013 through December 31, 2022, CSL has invested approximately $7.7 billion in aggregate principal amount of debt and equity investments prior to any subsequent exits or repayments. CSL’s investment objective is to generate current income and capital ...