Thursday 15 March 2012

Carlyle Repays Debt Sold to Abu Dhabi for Pre-IPO Payout - Bloomberg

Carlyle Group LP (CG) repaid the remaining balance of $500 million of subordinated notes that it sold to Abu Dhabi in 2010 to finance a payout to owners before its initial public offering.
The firm borrowed $263.1 million to retire $250 million of notes sold to Mubadala Development Co. in December 2010, Washington-based Carlyle said in a filing today with the U.S. Securities and Exchange Commission. The amount, borrowed on March 1, included a $10 million premium and accrued interest of $3.1 million.

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