Carlyle Capital says continues talks with major lenders

Mar 10, 2008 (CNN) — Carlyle Capital Corp Ltd said the company, with the assistance of the Carlyle Group, is continuing to meet with its lenders and is evaluating all available options after the lenders issued margins calls on more than US$400 million. While these talks continue, the company has requested a standstill agreement whereby its lenders would refrain from foreclosing and liquidating their collateral. Full Report