LONDON, June 29 /PRNewswire/ --
-- Not for Release, Publication or Distribution in the United States, Canada, Japan Or Australia
Carlyle Capital Corporation Limited (CCC) today announced that it has received approval on the supplemental offering memorandum dated June 29, 2007 from the Netherlands Authority for the Financial Markets in respect of the global offering of 15,962,673 of its Class B shares. 15,789,473 of the Class B shares are being offered by CCC and 173,200 are being offered by certain selling shareholders. In addition, the managers for the offering have an option to purchase up to 2,394,400 additional Class B shares from CCC to cover over-allotments. It is anticipated that the initial offering price will be $19 per Class B share. The final initial offering price will be announced in a pricing statement, which will be published on or about July 4, 2007.
The Class B shares are expected to trade on Eurolist by Euronext, the regulated market of Euronext Amsterdam N.V. in the Netherlands, under the ticker symbol "CCC". It is expected that the listing will become effective and that dealings in the Class B shares will commence on or about July 4, 2007 on an "as-if-and-when-issued" basis. Allotment of the Class B shares by each of the managers is expected to take place before the commencement of trading on Eurolist by Euronext on or about July 4, 2007. Delivery of the Class B shares is expected to be made against payment on or about July 11, 2007.
CCC is a Guernsey-based investment company with a diversified portfolio of fixed income assets including high-grade AAA rated US Agency mortgages and credit products. CCC is an affiliate of global private equity firm The Carlyle Group.
For further information in respect of the global offering, the Class B shares and CCC, reference is made to the offering memorandum dated June 19, 2007 and the supplemental offering memorandum dated June 29, 2007. The supplemental offering memorandum is supplemental to, forms part of and must be read in conjunction with the offering memorandum Copies of the offering memorandum and the supplemental offering memorandum, in the English language, may be obtained free of charge from CCC at First Floor, Dorey Court, Admiral Park, St Peter Port, Guernsey GY1 6HJ, Channel Islands, from the managers of the offering and from ING Bank N.V., the paying agent in the Netherlands, at Van Heenvlietlaan 220, 1083 CN Amsterdam, the Netherlands, fax +31-20-7979607, email iss.pas@mail.ing.nl, ph. +31-20-7979398.
This announcement does not constitute or form part of an offer to sell or solicitation of an offer to purchase or subscribe for securities in the United States or in any other jurisdiction. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or under the securities laws of any other jurisdiction, and may not be offered or sold in the United States or in any other jurisdiction absent registration or an applicable exemption from the registration requirements of the Securities Act or from the registration requirements in any such other jurisdiction. No public offering of securities is being made in the United States or in any other jurisdiction.
Contact: Emma Thorpe, +44-207-894-1630
