sankai Introduction Carlyle Secured Lending (NASDAQ:CGBD) is a business development company that has been one of my favorite smaller cap BDCs for a while. The stock has performed well in a high-interest rate environment, but their portfolio companies have faced some headwinds recently. Additionally, they recently announced a merger with Carlyle Secured Lending III that is expected to provide benefits such as increased liquidity, size and scale for the company moving forward. With the share price experie ...