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Carlyle Secured Lending, Inc. Announces Second Quarter 2023 Financial Results, Declares Third Quarter 2023 Dividends of $0.44 Per Common Share
NEW YORK, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CSL” or the
About this update from Carlyle Secured Lending, Inc.
[{"type":"text","content":"NEW YORK, Aug. 08, 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 second quarter ended June 30, 2023. The full detailed presentation of CSL’s second quarter 2023 results can be viewed here. Aren LeeKong, CSL’s Chief Executive Officer said, “In spite of a complex economic backdrop, our portfolio continues to generate attractive income for our investors and remained stable throughout the second quarter. With traditional deal flow in the market continuing to maintain a sluggish pace, we have focused on leveraging Carlyle relationships for unique deal flow and working with existing borrowers to address their needs, while improving pricing and documentation. This backdrop allows us to be highly selective and committed to disciplined credit underwriting, while capturing attractive terms and pricing.” Net investment income for the second quarter of 2023 was $0.52 per common share, and net asset value per common share decreased by 2.1% for the second quarter to $16.73 from $17.09 as of March 31, 2023. The total fair value of our investments was $1.9 billion as of June 30, 2023. Dividends On August 3, 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 October 17, 2023 to common stockholders of record on September 29, 2023. On June 27, 2023, the Company declared and paid a cash dividend on the Preferred Stock for the period from April 1, 2023 to June 30, 2023 in the amount of $0.438 per Preferred Share to the holder of record on June 30, 2023. Conference Call The Company will host a conference call at 10:00 a.m. EDT on Wednesday, August 9, 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 ope...