FAQs

We are an externally managed, non-diversified closed-end investment company.  Founded in February 2012, we elected to be regulated as a business development company, or BDC, under the Investment Company Act of 1940, as amended, in May 2013.  In addition, we have elected to be treated as a regulated investment company, or RIC, for U.S. federal income tax purposes.

Our investment objective is to generate current income and capital appreciation primarily through debt investments in U.S. middle market companies, which we define as companies with approximately $25 million to $100 million of EBITDA.  We seek to achieve our investment objective primarily through direct originations of secured debt, including first lien senior secured loans (which may include stand-alone first lien loans, first lien/last out and “unitranche” loans) and second lien senior secured loans, with the balance of our assets invested in higher yielding investments (which may include unsecured debt, mezzanine debt and investments in equities).

Our common stock is listed and traded on NASDAQ under ticker symbol “CGBD”. Information about our stock price and other related data can be found by visiting the Investor Dashboard page on our website.

Carlyle Secured Lending, Inc.’s CUSIP number for its common stock is 872280 102

No. Investors may purchase Carlyle Secured Lending, Inc. shares only through a broker.

The net asset value per share may be obtained in our public filings (i.e. Forms 10-Q and 10-K) with the Securities and Exchange Commission via its website http://www.sec.gov or by visiting our SEC Filings page.

Subject to Board approval, we intend to distribute quarterly dividends to shareholders of record.

Yes. Registered shareholders are automatically enrolled in the dividend reinvestment plan and any cash dividends we declare will be automatically reinvested in additional shares of our common stock. Please note: If you hold your shares through a bank, broker or other intermediary, please contact your bank, broker or other intermediary to inquire about dividend reinvestment options. The Carlyle Secured Lending, Inc. DRIP only applies to registered shareholders.

A registered shareholder may elect to receive a cash dividend in cash by notifying State Street Bank and Trust Company, the plan administrator, in writing at State Street Bank and Trust Company, One Heritage Drive, Floor 1, North Quincy, MA 02171 Attn: Multi Client Operations, so that such notice is received by the Plan Administrator no later than 10 days prior to the record date Please note: if you hold your shares through a bank, broker or other intermediary, please contact your bank, broker or their intermediary directly about whether you participate in a dividend reinvestment plan and for instructions on how to 'opt out'.

No. Dividends paid by Carlyle Secured Lending, Inc. generally are not “qualified dividends” for tax purposes. As a regulated investment company under the Code, Carlyle Secured Lending, Inc. is only permitted to pay qualified dividends to the extent that it earns qualified dividends from its underlying investments. Since our investment objective is to invest in predominantly debt instruments, we do not expect to earn any qualified dividends.

Dividends distributed by Carlyle Secured Lending, Inc. are taxable to our shareholders as ordinary income or capital gains. Our shareholders will receive, as promptly as possible after the end of each calendar year, a Form 1099-DIV reporting the amounts includible in such shareholder’s taxable income for such year as ordinary income and as long-term capital gain.

You are a registered shareholder if you hold shares of Carlyle Secured Lending, Inc.’s common stock registered in your name and you either hold a certificate representing such shares or such shares are held in book-entry form with our transfer agent, State Street. If you purchased shares through a broker, bank, or other intermediary, the shares might not be registered in your name but instead may be registered in the name of the broker, bank, or other intermediary (held in “street name”).

Our Transfer Agent is State Street Bank and Trust Company.

Additional information can be requested by visiting the Contact Us page on our website.