Carlyle’s private credit business has reported a modest decline in the value of its listed lending vehicle, reflecting ongoing pressure from higher interest rates and widening credit spreads across its borrower base, according to a report by Reuters.
Carlyle Secured Lending recorded a 2.3% fall in net asset value per share to $15.89 at the end of March, compared with the previous quarter. The firm attributed the decrease primarily to unrealised losses driven by wider borrowing spreads, alongside...
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