Carlyle Finance offering senior notes to fund preferreds redemption

Chicago, Sept. 5 – Carlyle Finance Subsidiary LLC is planning on offering senior notes, according to a company news release.

The Rule 144A and Regulation S notes will be guaranteed by parent company Carlyle Group LP and indirect subsidiaries Carlyle Holdings I LP, Carlyle Holdings II LP and Carlyle Holdings III LP.

Carlyle plans to use the proceeds to redeem all of the outstanding 5.875% series A preferred units of Carlyle Group LP. Any remaining proceeds will be used for general corporate purposes.

Carlyle Group is a Washington, D.C.-based investment firm.

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