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TCG BDC Merges with CSL III, Reports Strong 2024

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TCG BDC Merges with CSL III, Reports Strong 2024

TCG BDC ( (CGBD) ) has provided an announcement.

On March 31, 2025, Carlyle Secured Lending, Inc. presented its earnings to former investors of Carlyle Secured Lending III, detailing financial results for the fourth quarter and full year of 2024. The company successfully merged with CSL III on March 27, 2025, enhancing its portfolio and market position. The merger and the strong performance in 2024, including a 2.1% quarterly net total return and a $0.75 per share dividend, indicate robust income generation and strategic growth, benefiting stakeholders by leveraging the OneCarlyle platform for investment opportunities.

More about TCG BDC

Carlyle Secured Lending, Inc. operates in the financial services industry, focusing on direct lending and private credit investments. The company is part of The Carlyle Group, a global investment firm, and offers secured lending solutions primarily through first lien debt investments.

YTD Price Performance: -4.23%

Average Trading Volume: 210,532

Technical Sentiment Signal: Sell

Current Market Cap: $852M

For a thorough assessment of CGBD stock, go to TipRanks’ Stock Analysis page.

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