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Stock impact report

Carlyle Group to lend $225M to homebuilder for U.S., Canada growth [Seeking Alpha]

The Carlyle Group Inc. (CG) 
Last the carlyle group inc. earnings: 4/30 06:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.carlyle.com
Company Research Source: Seeking Alpha
Carlyle Group to lend $225M to homebuilder for U.S., Canada growthCarlyle Group (NASDAQ:CG) will provide a $225M senior secured loan to Empire Communities, a Canadian homebuilder that also operates in the U.S.,Bloomberg reports, citing an interview with Carlyle Managing Director Mat Feldman.The capital, provided by the Carlyle Credit Opportunities Fund, is intended to support Empire's growth on both sides of the northern border.Closely held Empire builds low-rise and high-rise condominiums, mostly in southwestern Ontario and the Toronto area; the company owns some properties in Texas and has owned some in Florida.Previously:Carlyle agrees to buy biggest Australian winemaker (April 5)Click to subscribe to real-time analytics on CGNow read:Non-Traditional/Alternative Investment Products: Why Structure Matters, Part 3: Leverage » Show less Read more
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