Carlyle Secured Lending NAV Falls 2.3 Percent in Q1
Carlyle Secured Lending reported a 2.3 percent drop in net asset value to $15.89. The decline was driven by widening spreads and software sector investments.
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CARLYLE SECURED LENDING INC cut its net asset value per share 2.3% to $15.89 during the first quarter. The decline stems from unrealized losses and widening spreads caused by higher borrowing costs for portfolio companies. Investors are scrutinizing software-sector exposure as artificial intelligence shifts business models for private credit borrowers.
