Carlyle To Offer Senior Notes

(RTTNews) - Private equity firm Carlyle Group L.P. (CG) said Wednesday that it plans to offer additional 5.625% Senior Notes due 2043 of Carlyle Holdings II Finance L.L.C., its indirect subsidiary.

The additional notes are expected to be issued under the existing indenture governing the existing 5.625% Senior Notes due 2043 that were issued on March 28, 2013, and once issued, the additional notes and the existing notes will be treated as a single class of senior notes.

Carlyle plans to use the net proceeds from the sale of the notes for general corporate purposes, including investments in its funds as well as investment capital for acquisitions of new fund platforms and strategies or other growth initiatives to drive innovation across the broader Carlyle platform.