Carlyle Secure Lending, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results, Increases Base Dividend to $0.40 per Common Share, and Announces First Quarter 2024 Dividend of $0.48 per Common Share

NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) — Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, the “Company”, “We”, “Us”, “CSL” or “Our”) (NASDAQ) :CGBD) today announced its financial results for the fourth quarter and full year ending December 31, 2023.

Allen Li-Kong, CEO of CSL, said: “We are very pleased with our fourth quarter and fiscal year 2023 results, driven by our ability to leverage the breadth and depth of the OneCarlyle platform to drive performance across evolving markets. I think that's the environment. Despite market complexity, the Company expects to source transactions during 2023 with attractive pricing, terms and structures relative to historical inception periods, resulting in stable revenues and solid credit performance. We continued to maintain a disciplined approach to delivering. As a result of our continued execution of this strategy, the quality of our portfolio and our confidence in the future, we are increasing our base dividend by $0.03 to $0.40 per share. ”

Net investment income for the fourth quarter of 2023 was $0.56 per common share, and net asset value per common share was $16.99, an increase of 0.8% in the fourth quarter from $16.86 as of September 30, 2023. It became a dollar. The total fair value of the Company's investments was $1.8. $1 billion as of December 31, 2023.

Net investment income for 2023 was $2.10 per common share. Net asset value per common share was $16.99 as of December 31, 2023, unchanged from $16.99 as of December 31, 2022.

dividend

On February 20, 2024, the Board of Directors increased the quarterly base common dividend of $0.40 per share, an increase of $0.03 per share or 8% from the prior base dividend, plus an additional common dividend of $0.08 per share. announced the dollar. The dividend will be paid on April 17, 2024 to common stockholders of record on March 29, 2024.

On December 19, 2023, the Company paid cash dividends on its preferred stock of $0.438 per preferred stock for the period October 1, 2023 to December 31, 2023, as recorded on December 29, 2023. announced to the holder.

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Conference call

The Company plans to hold a conference call on Tuesday, February 27, 2024 at 11:00 a.m. EST to discuss these quarterly financial results. This call will be available as a public webcast via a link on his website at Carlyle Secure Lending, as well as available on our website immediately after the call ends.

Carlyle Secure Lending Co., Ltd.

CSL is an externally managed specialty finance company focused on lending to middle market companies. CSL is managed by Carlyle Global Credit Investment Management LLC, an SEC registered investment advisor and a wholly-owned subsidiary of The Carlyle Group. Since commencing investment operations in May 2013, through December 31, 2023, CSL has invested a total of approximately $8.2 billion. The principal amount of debt and equity investments before their subsequent withdrawal or repayment. CSL's investment objective is to generate current income and capital growth primarily through debt investments in mid-market U.S. 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) has deep industry expertise in deploying private capital across three business segments: Global Private Equity, Global Credit, and Global Investment Solutions. A global investment company. With $426 billion in assets under management as of December 31, 2023, Carlyle's purpose is to invest wisely and create value on behalf of our investors, our portfolio companies, and the communities in which we live and invest. It's about creating. Carlyle employs more than 2,200 people in 28 offices on four continents. For more information, please visit www.carlyle.com. X Follow Carlyle at @OneCarlyle and on LinkedIn at The Carlyle Group.

Cautionary Note Regarding Forward-Looking Statements

This press release may contain forward-looking statements that involve significant risks and uncertainties. These statements include the words “anticipate,” “believe,” “expect,” “intend,” “plan,” “should,” “may,” “plan,” and “continue.” , “continue” and other forward-looking terminology. “believe,” “seek,” “estimate,” “will,” “could,” “target,” “plan,” “foresee,” “could,” “predict,” and Variations of these words and similar expressions to identify, however, not all forward-looking statements include these words. Please read statements containing these words carefully because they address our plans, strategies, prospects and expectations regarding our business, results of operations, financial condition and other similar matters. We believe it is important to communicate future expectations to investors. However, events may occur in the future that we cannot accurately predict or control. You should not place undue reliance on these forward-looking statements, which speak only as of the date they are made by us. Factors or events that could cause our actual results to differ materially from our expectations include the risks, uncertainties and Other factors include, but are not limited to: Our filings with the Securities and Exchange Commission include “investigative statements,” all of which are impossible to predict or identify. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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