Carlyle Completes $425 Million Senior Notes Offering and Related Redemption of Its Preferred Units
10.10.19
This is only gets display when printing
Simpson Thacher recently advised Carlyle on the issuance and sale by Carlyle Finance Subsidiary L.L.C., an indirect finance subsidiary of The Carlyle Group L.P., of $425 million aggregate principal amount of 3.5% Senior Notes due 2029. The notes are guaranteed by The Carlyle Group L.P., Carlyle Holdings I L.P., Carlyle Holdings II L.P. and Carlyle Holdings III L.P. Carlyle used the net proceeds from the offering to redeem all of its outstanding 5.875% Series A Preferred Units.
Carlyle is one of the world’s largest and most diversified multi-product global investment firms with $223 billion in assets under management as of June 30, 2019.
The Simpson Thacher team included Josh Bonnie, Will Golden, Jon Pacheco, Patrick McCamy and Jesse Schulman (Capital Markets – D.C.); and Jon Cantor (Tax).