Carlyle Group Announces Shareholder Approval of Merger with Carlyle Secured Lending

Carlyle Secured Lending Inc. Announces Shareholder Approval of Merger with Carlyle Secured Lending

NEW YORK, March 25, 2023 /PRNewswire/ -- Carlyle Secured Lending Inc. (NYSE: CGRO) announced today that its shareholders have approved the merger with Carlyle Secured Lending, a global alternative investment manager. The merger was approved by a majority of the outstanding shares of Carlyle Secured Lending Inc. common stock.

The merger is expected to create a leading global alternative investment manager with a diversified portfolio of assets. The combined company will have a strong presence in the global credit markets, with a focus on providing investors with attractive returns and risk-adjusted returns.

"We are pleased that our shareholders have approved the merger, which we believe will create a more robust and competitive alternative investment manager," said David J. Carlson, CEO of Carlyle Secured Lending. "The combined company will have a strong presence in the global credit markets, and we are excited to continue to provide our investors with attractive returns and risk-adjusted returns."

The merger is expected to close in the second quarter of 2023, subject to customary closing conditions. The combined company will be listed on the New York Stock Exchange (NYSE) under the ticker symbol "CGRO".

About Carlyle Secured Lending Inc. Carlyle Secured Lending Inc. is a global alternative investment manager that provides investors with access to a diversified portfolio of assets. The company focuses on providing investors with attractive returns and risk-adjusted returns through its investment strategies. For more information, please visit www.carlyle.com.