Carlyle Credit Solutions, Inc

CIK 0001702510Carlyle

Carlyle Credit Solutions, Inc. is a non-traded business development company advised by Carlyle. With $2.8 billion in total assets, it is a mid-sized fund in the coverage universe. The portfolio is concentrated in direct lending, with 90% in first-lien senior secured loans and 91% in floating-rate debt by fair value, at a weighted-average spread of 506 bps over the base rate. Its largest sector exposure is Information Technology (17% of holdings).

NAV/Share

$18.82

AUM

$2.8B

Positions

283

Strategy

Private Credit

Wtd. Avg. Coupon

9.0%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

4.7 yrs

94% coverage

Top 10 Concentration

14.4%

PIK in Terms

17.7%

Instrument type

Share of portfolio fair value

First Lien

90%

of fair value

First Lien89.6%

Second Lien1.6%

Structured3.0%

Equity4.3%

Fund Vehicles0.3%

Other1.2%

Industry exposure

Share of holdings fair value

Top 5

78%

of holdings

Information Technology17.0%

Industrials15.8%

Health Care12.2%

Financials11.8%

Other8.3%

Consumer Discretionary4.6%

Materials3.6%

Energy1.9%

Consumer Staples1.3%

Communication Services1.3%

Utilities0.8%

Unknown21.4%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.