NEW YORK, Nov. 08, 2022 (GLOBE NEWSWIRE) — Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries “we”, “us”, “our”, “CSL” or the “Company”) CGBD today announced its financial results for the third quarter ended September 30, 2022. CSL’s full and detailed presentation of third quarter 2022 results can be viewed here.

Linda Pace, Chief Executive Officer of CSL, said: “Our third quarter results were very strong, with significant increases in our sustained level of earnings and net asset value, driven by the continued solid credit performance of our portfolio. The combination of higher base rates, our resilient portfolio and the current delivery environment have enabled us to deliver core earnings growth. Based on these factors, we increased both our base and supplementary dividends for the fourth quarter.”

Net investment income for the third quarter of 2022 was $0.58 per common share and the net asset value per common share increased 2.1% for the third quarter to $17.16 from $16.81 at June 30, 2022. The total fair value of our investments was $1.9 billion as of September 30, 2022.

dividends

On October 31, 2022, the Board of Directors declared a quarterly base common dividend of $0.36 plus an additional common dividend of $0.08 payable on January 16, 2023 to common shareholders of record on December 30, 2022.

On September 22, 2022, the Company declared and paid a cash dividend on the preferred shares for the period from July 1, 2022 to September 30, 2022 of $0.438 per preferred share to the holder of record as of September 30, 2022.

telephone conference

The Company will host a conference call on Wednesday, November 9, 2022 at 10:00 am EST to discuss these quarterly financial results. The conference call will be available via public webcast via a link on Carlyle Secured Lending’s website and also on our website shortly after the conclusion of the conference call.

Carlyle Secured Lending, Inc.

CSL is an externally managed…