TCG BDC, Inc. Rebrands to Carlyle Secured Lending, Inc.
On April 11, 2022, TCG BDC announced its name change to Carlyle Secured Lending. The new name reflects Carlyle's strength in credit markets while maintaining its commitment to delivering sustainable income to shareholders. CEO Linda Pace emphasized that the investment approach remains unchanged, focusing on senior secured lending to middle-market companies in the U.S. Carlyle Secured Lending will continue to operate under the NASDAQ ticker CGBD, leveraging Carlyle's extensive investment resources and expertise.
- New name, Carlyle Secured Lending, reflects strong credit market heritage.
- Continued focus on delivering sustainable income to shareholders.
- Leverages Carlyle's extensive investment resources and expertise.
- None.
New Name Effective April 11th, 2022
NASDAQ Ticker to Remain CGBD
NEW YORK, April 11, 2022 (GLOBE NEWSWIRE) -- TCG BDC, Inc. (“TCG BDC”) today announced that it will change its name to Carlyle Secured Lending, Inc. (“Carlyle Secured Lending”, or the “Company”), effective April 11th, 2022.
“We are pleased to announce the renaming of TCG BDC as Carlyle Secured Lending. Our new name best reflects Carlyle’s twenty-year investment heritage in credit markets, as well as the Company’s strong link to the extensive investment resources offered by our Adviser. While our name is changing, our investment approach is not. We will continue to focus on the delivery of sustainable income to our valued shareholders,” said Linda Pace, CEO of Carlyle Secured Lending.
“Carlyle’s integrated investment platform forms the foundation of the Company’s investment approach. The breadth of Carlyle’s product capabilities, scale of our capital base and depth of our investment expertise differentiate our offering at all stages of an investment’s life cycle, from sourcing to diligence to portfolio management,” said Taylor Boswell, the newly appointed President of Carlyle Secured Lending.
About Carlyle Secured Lending, Inc. Carlyle Secured Lending, Inc is publicly traded (NASDAQ: CGBD) business development company (“BDC”) which began investing in 2013. The Company focuses on providing directly originated, financing solutions across the capital structure, with a focus on senior secured lending to middle-market companies primarily located in the United States. Carlyle Secured Lending is externally managed by Carlyle Global Credit Investment Management L.L.C., an SEC-registered investment adviser and wholly owned subsidiary of Carlyle.
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
Contacts:
| Investors: | Media: |
| Tom Hennigan | Kristen Greco |
| +1-212-813-4900 | +1-212-813-4763 |
| publicinvestor@carlylesecuredlending.com | kristen.greco@carlyle.com |
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