Sector: Finance

Arlington Asset Investment was acquired on 12/14/2023 by Ellington Financial (EFC). This issue has been delisted.

Carlyle Finance L.L.C. (the “Issuer”) is offering $400,000,000 aggregate principal amount of its 4.625% subordinated notes due 2061 (the “notes”). Interest on the notes is payable on February 15, May 15, August 15 and November 15 of each year, beginning on August 15, 2021. Interest on the notes will accrue from May 11, 2021. The notes will mature on May 15, 2061. The Issuer may defer interest payments during one or more deferral periods for up to five consecutive years as described in this prospectus supplement.

On or after May 15, 2026, the Issuer may redeem the notes, in whole at any time or in part from time to time, at their principal amount plus accrued and unpaid interest to, but excluding, the date of redemption; provided that if the notes are not redeemed in whole, at least $25 million aggregate principal amount of the notes must remain outstanding after giving effect to such redemption.

The Issuer may redeem the notes, in whole, but not in part, within 120 days of the occurrence of a Tax Redemption Event (as defined in “Description of the Notes—Tax Redemption”) at a redemption price equal to their principal amount plus accrued and unpaid interest to, but excluding, the date of redemption.

The Issuer may redeem the notes, in whole, but not in part, at any time prior to May 15, 2026, within 90 days of the occurrence of a “rating agency event” (as defined in “Description of the Notes—Optional Redemption of the Notes”), at a redemption price equal to 102% of their principal amount plus any accrued and unpaid interest to, but excluding, the date of redemption.

Notes may be called any time prior to 1/1/2026 until maturity (3/31/2026) at $25 plus accrued interest and a make whole payment (present value of future interest payments)