Business Context and Reporting Period
This Form 8-K filing by TCG BDC, Inc. (Note: The request metadata references "Carlyle Secured Lending, Inc.", but the filing text explicitly identifies the registrant as TCG BDC, Inc.) covers the 2021 Annual Meeting of Stockholders held on June 9, 2021. The report details the submission of matters to a vote of security holders and subsequent regulatory disclosures.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report regarding corporate governance events rather than a financial statement.
Material Changes and Voting Results
The primary material event was the successful election of directors and the ratification of the independent auditor. As of the record date (April 14, 2021), there were 54,812,136 shares of common stock and 2,000,000 shares of preferred stock outstanding. A quorum was established with 38,933,718 common shares and 2,000,000 preferred shares present or represented.
- Proposal 1(a) - Class II Directors: Nigel D.T. Andrews, Aren C. LeeKong, and Mark Jenkins were elected.
- Nigel D.T. Andrews: 14,302,399 For, 6,124,633 Withhold.
- Aren C. LeeKong: 20,181,202 For, 245,830 Withhold.
- Mark Jenkins: 2,000,000 For, 0 Withhold (voted by preferred stockholders separately).
- Proposal 1(b) - Class I Director: William H. Wright II was elected with 20,134,753 For votes and 292,279 Withhold votes.
- Proposal 2 - Auditor Ratification: Ernst & Young LLP was ratified with 40,705,862 For votes, 175,563 Against, and 52,293 Abstain.
Guidance, Outlook, and Risks
The filing includes a Regulation FD disclosure (Item 7.01) noting a press release issued on June 15, 2021, announcing the election of Mr. LeeKong to the Board of Directors. The text does not contain management commentary on financial outlook, specific risks, contingencies, or unusual items beyond the standard governance disclosures.
Investor Verification Checklist
- Verify the correct registrant name is TCG BDC, Inc. (trading symbol CGBD), not Carlyle Secured Lending, Inc.
- Confirm the terms of office for the newly elected directors (Class II: 3 years; Class I: 2 years).
- Review the attached press release (Exhibit 99.1) for additional details regarding Mr. LeeKong's election.
- Note that the filing does not contain updated financial performance data; refer to the most recent 10-Q or 10-K for financial metrics.