Carlyle Secured Lending Investor Relations Material

TCG BDC, Inc. is a business development company specializing in first lien debt, senior secured loans, second lien senior secured loans, unsecured debt and investments in equity of small-and micro-cap companies. The firm invests in the form of first lien cash flow term loan, stretch tranche debt investments, unitranche investments, second lien senior secured loan investments and subordinated unsecured convertible debenture investments with warrants or separately. It may invest between $5 million to $25 million in portfolio companies with an enterprise value ranging from $15 million to $100 million. The firm prefers to invest in manufacturing, aerospace, building products and construction materials, chemicals and materials, consumer products and services and contracting services sectors.