Trucordia to Receive $1.3 Billion Strategic Investment from Carlyle
Carlyle(CG) Prnewswire·2025-06-04 11:00Transaction positions company for accelerated growth through improved capital structure and simplified governance LINDON, Utah and NEW YORK, June 4, 2025 /PRNewswire/ -- Trucordia today announced it will receive a $1.3 billion strategic investment from global investment firm Carlyle's Global Credit platform. The transaction will reduce Trucordia's leverage and simplify its governance structure by repurchasing units from existing minority investors.The transaction, which is expected to close this month and v ...