Carlyle Credit Solutions, Inc. 8-K

What Happened

• Carlyle Credit Solutions, Inc. filed an 8-K on March 20, 2026 disclosing that, as of March 1, 2026 (finalized March 19, 2026), it issued and sold 353,591 shares of Class I common stock for aggregate proceeds of $6.6 million. After this issuance the Company had 97,475,345 shares of Class I common stock outstanding.
• The Board declared a dividend of $0.17 per share of Class I common stock on March 19, 2026, payable on or about April 28, 2026 to holders of record as of March 31, 2026; dividends will be paid in cash and may be reinvested under the Company’s dividend reinvestment plan.
• The filing also reported a net asset value (NAV) per Class I share of $18.54 as of February 28, 2026 and an aggregate NAV of approximately $1.8 billion as of March 19, 2026. The Company is continuing a private, continuous unregistered offering of shares.

Key Details

• Shares issued: 353,591 Class I common shares (effective March 1, 2026; final count March 19, 2026) for $6.6 million.
• Shares outstanding after issuance: 97,475,345 Class I common shares.
• Dividend: $0.17 per Class I share declared March 19, 2026; record date March 31, 2026; payable ~April 28, 2026; cash payment with optional reinvestment.
• NAV and offering status: Class I NAV $18.54 (Feb 28, 2026); aggregate NAV ≈ $1.8 billion (Mar 19, 2026). Historical totals show 122,315,536 common shares issued across the Initial Private Offering and New Continuous Offering for $2.4 billion total consideration (Initial: 60,238,425 shares / $1.2B; New Continuous: 62,077,111 shares / $1.2B).
• Issuance exemption and mechanics: Stock issuance was unregistered under Section 4(a)(2) and Regulations D & S; sales made under subscription agreements where investors fund purchases five business days before the subscription effective month and receive shares based on NAV (determined generally within 20 business days after the effective date).

Why It Matters

• For investors, the filing confirms ongoing capital raising through a private continuous offering, a recent small equity issuance ($6.6M) that modestly increased share count, and a routine quarterly dividend payment. The NAV per share and aggregate NAV provide current valuation context ($18.54 NAV; ~ $1.8B aggregate NAV). The dividend and the option to reinvest via the DRIP affect income-focused holders and potential dilution for existing shareholders depends on future subscription activity.