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
February 27 2023 - 5:15PM
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 appreciation primarily through debt investments
in U.S. middle market companies. CSL has elected to be regulated as
a business development company under the Investment Company Act of
1940, as amended.
Web: carlylesecuredlending.com
About
Carlyle
Carlyle (“Carlyle,” or the “Adviser”) (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 Investment Solutions. With
$373 billion of assets under management as of
December 31, 2022, Carlyle’s purpose 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 employees in 29 offices across five continents. Further
information is available at www.carlyle.com. Follow Carlyle on
Twitter @OneCarlyle.
CAUTIONARY STATEMENT REGARDING
FORWARD-LOOKING STATEMENTS
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
terminology such as “anticipates,” “believes,” “expects,”
“intends,” “will,” “should,” “may,” “plans,” “continue,”
“believes,” “seeks,” “estimates,” “would,” “could,” “targets,”
“projects,” “outlook,” “potential,” “predicts” and 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 that contain these words
carefully because they discuss our plans, strategies, prospects and
expectations concerning our business, operating results, financial
condition and other similar matters. We believe that it is
important to communicate our future expectations to our investors.
There may be events in the future, however, that we are not able to
predict accurately or control. You should not place undue reliance
on these forward-looking statements, which speak only as of the
date on which we make it. 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
entitled “Risk Factors” and “Cautionary Statement Regarding
Forward-Looking Statements” in filings we make 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 update or
revise publicly any forward-looking statements, whether as a result
of new information, future events or otherwise, except as required
by law.
Contacts:
Investors: |
Media: |
Daniel Hahn |
Kristen Greco |
+1-212-813-4928publicinvestor@carlylesecuredlending.com |
+1-212-813-4763kristen.greco@carlyle.com |
Carlyle (NASDAQ:CG)
Historical Stock Chart
From May 2024 to Jun 2024
Carlyle (NASDAQ:CG)
Historical Stock Chart
From Jun 2023 to Jun 2024