Carlyle Eyes Options in Wake of Margin Calls

Closed-end investment fund Carlyle Capital Corp. Ltd. says it is considering "all available options" after receiving "substantial additional margin calls and additional default notices from its lenders." The margin calls stem from recent deterioration in the agency mortgage-backed securities market. "The company believes these additional margin calls and increased collateral requirements could quickly deplete its liquidity and impair its capital," Carlyle Capital said. Carlyle also said that lenders who had previously issued default notices to the company have liquidated some of the fund's MBS. The company can be found on the Web at http://www.carlylecapitalcorp.com.

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