Carlyle Finance LLC, a subsidiary of Carlyle Group (CG) ,has priced the previously announced baby bonds.
The issue will carry a coupon of 4.625% with a maturity date in 2061.
The issue is investment grade.
There will be no OTC grey market trading as it is a debt issue (not a preferred). It likely will hit the NYSE in the next 7-10 days under ticker TCGS.
The pricing term sheet can be read here.
looks like the ticker will be CGABL listed today (5/19)
Thanks J
ACPPP at $26 looks like a good deal compared to this. Tough market for income.