Carlyle(CG)
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Carlyle Secured Lending: Recent Pullback, Merger And Discount To NAV Makes Them A Buy (Rating Upgrade)
Seeking Alpha· 2024-08-31 12:00
sankai Introduction Carlyle Secured Lending (NASDAQ:CGBD) is a business development company that has been one of my favorite smaller cap BDCs for a while. The stock has performed well in a high-interest rate environment, but their portfolio companies have faced some headwinds recently. Additionally, they recently announced a merger with Carlyle Secured Lending III that is expected to provide benefits such as increased liquidity, size and scale for the company moving forward. With the share price experiencin ...
Carlyle Credit Income Fund Announces Private Placement of Convertible Preferred Shares and Registered Direct Placement of Common Shares
GlobeNewswire News Room· 2024-08-27 12:05
NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund (the "Fund") (NYSE: CCIF), an externally managed closed-end fund focused on investing in primarily equity and junior debt tranches of collateralized loan obligations, has entered into a Purchase Agreement with certain institutional investors for the purchase and sale of approximately 11,517 shares of the Fund's 7.125% Series B Convertible Preferred Shares due August 2029 (the "Convertible Preferred Shares"), liquidation preference $1,000 ...
Carlyle Credit Income Fund Announces Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-08-21 20:05
NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund ("we," "us," "our," "CCIF" or the "Fund") (NYSE: CCIF) today announced its financial results for its third quarter ending June 30, 2024. The full detailed presentation of the Fund's third quarter 2024 financial results can be viewed on the Fund's website carlylecreditincomefund.com/investor-dashboard. Lauren Basmadjian, CCIF's Chief Executive Officer said, "We are pleased with our progress and accomplishments during our first year as CCI ...
Carlyle Closes Unit Offering and Announces Share Issuances to Consultant
Newsfile· 2024-08-19 22:30
. Date of Issue No. of SharesDeemed Price per Share January 4, 2023 31,199 $0.168 February 7, 2023 7,789 $0.213 March 9, 2023 11,111 $0.15 April 10, 2023 16,460 $0.101 May 12, 2023 17,777 $0.093 June 9, 2023 24,691 $0.067 July 10, 2023 29,629 $0.067 August 10, 2023 35,087 $0.071 September 7, 2023 27,777 $0.09 October 10, 2023 18,018 $0.138 ● ● Carlyle Closes Unit Offering and Announces Share Issuances to Consultant August 19, 2024 6:30 PM EDT | Source: Carlyle Commodities Corp. Vancouver, British Columbia-- ...
Carlyle (CG) Delays 6th Asia Fund Close as Japan Pool Hits Demand
ZACKS· 2024-08-15 14:31
The Carlyle Group Inc. (CG) has delayed the closing of its latest pan-Asian buyout fund. According to Bloomberg, this delay occurred as investors were increasingly directing their interest and capital into other Japan-focused funds. CG has sought an extension to finalize its sixth regional buyout fund, which was launched more than two years ago and has only managed to secure $3 billion in commitments below its initial target of $8.5 billion. Typically, raising such funds takes around 18 months. The slower-t ...
Acentra Health Named one of the ‘Fastest Growing Companies' by the Washington Business Journal
GlobeNewswire News Room· 2024-08-14 14:03
MCLEAN, Va., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Acentra Health, a technology and health solutions and services company dedicated to helping government healthcare agencies accelerate better outcomes for their priority populations, has been named to the Washington Business Journal's "Fastest Growing Companies" list, which highlights private companies in the Washington, D.C., metropolitan area with the highest three-year sustained revenue growth. The company's inclusion on the list is a result of its strategic ...
Carlyle Credit Income Fund: Get 15% Yield From The Newest CEF That Holds CLO Equity
Seeking Alpha· 2024-08-13 15:58
BsWei/iStock via Getty Images As a recent retiree who seeks passive income from my investments to help support my lifestyle while I no longer receive a steady paycheck, I look for strong performing CEFs (closed-end funds) that pay monthly high-yield distributions. There are many advantages to investing in CEFs. These include the ability to buy the funds discounted to NAV, the ability of fund managers to use leverage to boost the distribution, and the ability to grow the fund's share count (and potentially t ...
Baxter Seals $3.8B Deal With Carlyle For Its Kidney Care Segment
Benzinga· 2024-08-13 15:07
On Tuesday, Baxter International Inc BAX agreed to sell its Kidney Care segment, Vantive, for $3.8 billion to The Carlyle Group Inc CG Baxter will receive approximately $3.5 billion in cash, with net after-tax proceeds currently estimated at approximately $3 billion. Baxter announced its intention to create a standalone kidney care company in January 2023 as part of its broader strategic realignment designed to enhance future performance and create value for all stakeholders. In March 2024, Baxter announced ...
Carlyle (CG) Stock Falls 7.5% as Q2 Earnings Miss Estimates
ZACKS· 2024-08-06 15:31
The Carlyle Group Inc. (CG) reported second-quarter 2024 post-tax distributable earnings per share of 78 cents, which missed the Zacks Consensus Estimate of 84 cents. The bottom line compared unfavorably with 88 cents reported in the year-ago quarter. Results were affected due to a decrease in segment fee and realized performance revenues. However, a rise in assets under management (AUM) balance and lower expenses offered some support. The company's shares lost 7.5% following the release of its second-quart ...
These Analysts Lower Their Forecasts On Carlyle Group After Q2 Results
Benzinga· 2024-08-06 12:05
The Carlyle Group CG reported worse-than-expected second-quarter financial results on Monday. Carlyle reported that in the second quarter of FY24, the adjusted EPS of $0.78 missed the consensus of $0.83, and Total Segment revenues of $788.0 million missed the consensus of $827.5 million. The company inked a deal to sell Cogentrix Energy to Quantum Capital Group and its affiliates for around $3 billion. The Cogentrix platform includes 5.3 gigawatts of efficient natural gas-fired power plants across PJM, ERCO ...