Carlyle Group selling $350 million guaranteed 30-year bonds Monday

By Andrea Heisinger

New York, March 25 - Carlyle Group Holdings II Finance LLC is set to price $350 million of 30-year senior notes (/A-/A-) during Monday's session, according to an informed source and a press release.

The sale is being done under Rule 144A and Regulation S.

Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. and Morgan Stanley & Co. LLC are the bookrunners.

Proceeds will be used to repay outstanding borrowings under a term loan of a senior credit facility.

The notes are guaranteed by the Carlyle Group LP and indirect subsidiaries Carlyle Holdings I LP, Carlyle Holdings II LP and Carlyle Holdings III LP.

The global asset management firm is based in Washington, D.C.

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