Carlyle Secured Lending reported lower first-quarter investment income and net asset value, indicating some pressure on near-term fundamentals. Management also said new originations are taking place in a more lender-friendly environment, with wider spreads and stronger documentation. The update is mixed overall: weaker reported quarter metrics, but improved pricing and terms on new deals.
Carlyle Secured Lending reported lower first-quarter investment income and net asset value, indicating some pressure on near-term fundamentals. Management also said new originations are taking place in a more lender-friendly environment, with wider spreads and stronger documentation. The update is mixed overall: weaker reported quarter metrics, but improved pricing and terms on new deals.
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