Company: CGABL
Filing Date: 2025-09-17
Form Type: 424B5
Source: 0001193125-25-206326
Chunk: 0

Company: Carlyle Group Inc.
Filing Date: 2025-09-17
Form: 424B5
Chunk 0
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Filed Pursuant to Rule 424(b)(5)
Registration No. 333-270745 PROSPECTUS SUPPLEMENT (To Prospectus dated March 22, 2023) The Carlyle Group Inc. $800,000,000 5.050% Senior Notes due 2035 The Carlyle Group Inc. (the “Issuer”) is offering $800,000,000 aggregate principal amount of its 5.050% senior notes due 2035 (the “notes”). Interest on the notes is payable on March 19 and September 19 of each year, beginning on March 19, 2026. Interest on the notes will accrue from September 19, 2025. The notes will mature on September 19, 2035. At any time prior to maturity, the Issuer may redeem all or a portion of the notes at the applicable redemption prices described in this prospectus supplement under “Description of the Notes—Optional Redemption of the Notes.” Upon a Change of Control Repurchase Event (as defined in “Description of the Notes—Offer to Repurchase Upon a Change of Control Repurchase Event”), the Issuer will be required to make an offer to repurchase all outstanding notes at a price in cash equal to 101% of the principal amount of the notes, plus any accrued and unpaid interest to, but not including, the repurchase date, as described in this prospectus supplement under “Description of the Notes—Offer to Repurchase Upon a Change of Control Repurchase Event.” We intend to use the net proceeds from this offering for general corporate purposes. The notes will be fully and unconditionally guaranteed on a joint and several basis, by Carlyle Holdings I L.P., Carlyle Holdings II L.L.C., Carlyle Holdings III L.P. and CG Subsidiary Holdings L.L.C. and any other entity that is required to become a guarantor of the notes as provided under “Description of the Notes—Guarantees” (collectively, the “Guarantors”). The Issuer and the Guarantors are holding companies, and the notes are not guaranteed by any fee generating businesses or investment funds affiliated with The Carlyle Group Inc. or its subsidiaries. The notes and the guarantees will be the Issuer’s and the Guarantors’ direct, unsecured and unsubordinated obligations and will (a) rank equally in right of payment with all of their respective existing and future unsecured and unsubordinated indebtedness, liabilities and other obligations, (b