Carlyle to Offer Senior Notes
September 07 2018 - 9:25AM
Global alternative asset manager The Carlyle Group L.P. (NASDAQ:
CG) (“Carlyle”) today announced its intention to offer, subject to
market and other conditions, senior notes of Carlyle Finance
L.L.C., its indirect subsidiary. The notes will be fully and
unconditionally guaranteed by The Carlyle Group L.P. and its
indirect subsidiaries Carlyle Holdings I L.P., Carlyle Holdings II
L.P. and Carlyle Holdings III L.P. Carlyle intends to use the net
proceeds from the sale of the notes to repay outstanding
indebtedness pursuant to a tender offer to purchase up to $250
million in aggregate principal amount of its 3.875% Senior Notes
due 2023 and/or its promissory note due January 1, 2022 issued in
connection with its strategic investment in NGP Energy Capital
Management. The remaining proceeds, if any, will be used for
general corporate purposes.
The notes will be offered and sold to qualified institutional
buyers in the United States pursuant to Rule 144A and outside the
United States pursuant to Regulation S under the Securities Act of
1933.
The notes have not been registered under the Securities Act of
1933 or any state securities laws and may not be offered or sold in
the United States absent registration or an applicable exemption
from the registration requirements of the Securities Act of 1933
and applicable state laws.
This news release shall not constitute an offer to sell or a
solicitation of an offer to purchase the notes or any other
securities, and shall not constitute an offer, solicitation or sale
in any state or jurisdiction in which such an offer, solicitation
or sale would be unlawful. This news release is being issued
pursuant to and in accordance with Rule 135c under the Securities
Act of 1933.
Media Contact:Chris Ullman+1 (202)
729-5450chris.ullman@carlyle.com
Investor Contact:Daniel Harris+1 (212)
813-4527daniel.harris@carlyle.com
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