Carlyle Group (CG) has announced a new issuance of subordinated notes with a maturity in 2061. The notes will be sold by Carlyle Finance LLC and guaranteed by Carlyle Group.
I don’t find a current rating for this issue, but it likely a fair assumption this will be a low coupon issue–from a solid issuer.
Carlyle Group is an asset manager with $260 billion under management.
The new issue will trade under TCGS when it finally begins to trade on NASDAQ.
J and EarlyBird were right on top of this one.