New Carlyle Credit Solutions

424B3 priced

The current 424B3 filing details the Reorganization of New Carlyle Credit Solutions into a Successor Fund, maintaining similar investment objectives but with increased leverage. The Successor Fund faces higher borrowing risks due to a 150% asset coverage requirement compared to the Fund's 200%. Expense ratios rise significantly, with total annual expenses projected at 9.16% versus 6.47% for the current Fund, driven by higher interest costs and incentive fees. The filing emphasizes operational efficiencies and pro forma expense calculations for investor transparency.

EFFECT effective

425 supplemental

DRS/A amended

The filing outlines the structure of New Carlyle Credit Solutions' common stock classes (Class I, S, D) and their respective fee arrangements. It details the conversion of Class S/D shares to Class I under specific conditions, the potential issuance of preferred stock, and governance provisions including director limitations, indemnification policies, and anti-takeover measures. The document emphasizes the Fund's flexibility in structuring financings and the impact of fee caps on shareholder accounts.

DRS filed

New Carlyle Credit Solutions' filing outlines the structure of its common stock classes (Class S, D, I) with varying fee arrangements and conversion options. The document details shareholder servicing fees, placement agent roles, and potential conversions between share classes. It also addresses corporate governance provisions, including director limitations, indemnification clauses, and potential preferred stock issuance, which could impact control and shareholder dynamics.