On March 12, 2025, Carlyle Secured Lending, Inc. (the “Company”), as the borrower, entered into an amendment (the “Amendment”) to its senior
secured revolving credit agreement, dated as of March 21, 2014 (as previously amended from time to time, the “Existing Credit Facility” and as amended
by the Amendment, the “Credit Facility”). Capitalized terms used but not defined herein have the meanings set forth in the Credit Facility. Among other
things, under the Amendment:
• The total commitments under the Credit Facility was increased by $145,000,000 from $790,000,000 to $935,000,000 and the maximum
capacity under the Credit Facility was increased from $1,185,000,000 to $1,402,500,000.
• The Credit Facility includes a $75,000,000 sublimit for swingline loans and a $30,000,000 sublimit for letters of credit, an increase from
$50,000,000 and $25,000,000, respectively.
• The availability period under the Credit Facility was extended from August 31, 2027 to March 12, 2029.
• The maturity date of the Credit Facility was extended from August 31, 2028 to March 12, 2030. As of 2025-03-21, the Fund’s leverage was 53.4% and Debt Focused BDC Group leverage was 51.2%.
