CG · Quarterly Report (Form 10-Q) · Filed November 7, 2025

Carlyle Group Inc — 10-Q exhibit

cg20250930exhibit22.htm

Carlyle Group Inc on Boardroom Alpha

CG 2025.09.30 EXHIBIT 22

Exhibit 22

Subsidiary guarantors and issuers of guaranteed securities and affiliates whose securities collateralize

securities of the registrant

The following securities (collectively, the “Notes”) issued by the corresponding issuer listed below, each a

wholly-owned subsidiary of The Carlyle Group Inc. (the “Company”) with the exception of the Company, were

outstanding as of September 30, 2025:


Notes Issued Under	Issuer	Jurisdiction of Formation, Organization, or Incorporation
3.500% Senior Notes due 2029	Carlyle Finance Subsidiary L.L.C.	Delaware
5.050% Senior Notes due 2035	The Carlyle Group Inc.	Delaware
5.625% Senior Notes due 2043	Carlyle Holdings II Finance L.L.C.	Delaware
5.65% Senior Notes due 2048	Carlyle Finance L.L.C.	Delaware
4.625% Subordinated Notes due 2061	Carlyle Finance L.L.C.	Delaware

As of September 30, 2025, the guarantors under the Notes consisted of the Company, as a guarantor that

provides an unsecured guarantee of the Notes, and its wholly-owned subsidiaries listed in the below table. The

guarantees are joint and several, and full and unconditional.


Guarantor	Jurisdiction of Formation, Organization, or Incorporation
Carlyle Holdings I L.P.	Delaware
Carlyle Holdings II L.P.*	Quebec
Carlyle Holdings III L.P.	Quebec
CG Subsidiary Holdings L.L.C.	Delaware
Carlyle Holdings II L.L.C.	Delaware

* Carlyle Holdings II L.P. is not a guarantor of the 4.625% Subordinated Notes due 2061 or the 5.050% Senior

Notes due 2035

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