Carlyle Secured Lending Inc 2025年季度报告

FORM10-Q xQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934 For the quarterly period endedMarch 31, 2025OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934 For the transition periodtoCommission File No.814-00995 Carlyle Secured Lending, Inc.(Exact name of Registrant as specified in its charter) Maryland(State or other jurisdiction of incorporation or organization) One Vanderbilt Avenue,Suite 3400,New York,NY10017(Address of principal executive office) (Zip Code) (Registrant’s telephone number, including area code) N/A(Former name, former address and former fiscal year, if changed since last report) Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filingrequirements for the past 90days:Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” inRule 12b-2 of the Exchange Act. (Check one): Large accelerated filer☒Non-accelerated fileroEmerging growth companyo If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ The number of shares of the registrant’s common stock, $0.01 par value per share, outstanding atMay5, 2025was72,902,981. CARLYLE SECURED LENDING, INC.INDEX PartI.Financial InformationItem1.Financial StatementsConsolidated Statements of Assets and Liabilities as of March 31, 2025 (unaudited) and December 31, 2024Consolidated Statements of Operations for the three months ended March 31, 2025 and 2024 (unaudited)Consolidated Statements of Changes in Net Assets for the three monthsended March 31, 2025 and 2024 (unaudited)Consolidated Statements of Cash Flows for the three monthsended March 31, 2025 and 2024 (unaudited)Consolidated Schedules of Investments as of March 31, 2025 (unaudited) and December 31, 2024Notes to Consolidated Financial Statements (unaudited)Item 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and ProceduresPartII.Other InformationItem 1.Legal ProceedingsItem1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures Table of Contents Table of Contents Table of Contents Table of Contents CARLYLE SECURED LENDING, INC.CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS(amounts in thousands) (unaudited) CARLYLE SECURED LENDING, INC.CONSOLIDATED SCHEDULE OF INVESTMENTSAs of March31, 2025(amounts in thousands) (unaudited) CARLYLE SECURED LENDING, INC.CONSOLIDATED SCHEDULE OF INVESTMENTSAs of March31, 2025(amounts in thousands) (unaudited) CARLYLE SECURED LENDING, INC.CONSOLIDATED SCHEDULE OF INVESTMENTSAs of March31, 2025(amounts in thousands) (unaudited) CARLYLE SECURED LENDING, INC.CONSOLIDATED SCHEDULE OF INVESTMENTSAs of March31, 2025(amounts in thousands) (unaudited) CARLYLE SECURED LENDING, INC.CONSOLIDATED SCHEDULE OF INVESTMENTSAs of March31, 2025(amounts in thousands) (unaudited) CARLYLE SECURED LENDING, INC.CONSOLIDATED SCHEDULE OF INVESTMENTSAs of March31, 2025(amounts in thousands) (unaudited) CARLYLE SECURED LENDING, INC.CONSOLIDATED SCHEDULE OF INVESTMENTSAs of March31, 2025(amounts in thousands) (unaudited) CARLYLE SECURED LENDING, INC.CONSOLIDATED SCHEDULE OF INVESTMENTSAs of March31, 2025(amounts in thousands) (unaudited) (a)Denotes that all or a portion of the assets are owned by Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CGBD” or the“Company”). The Company has entered into a senior secured revolving credit facility (as amended, the “Credit Facility”). The lenders of the Credit Facility have a first liensecurity interest in substantially all of the portfolio investments held by the Company (see Note 8, Borrowings to these unaudited consolidated fi