Carlyle affiliate begins trade at $20 per share

Carlyle Capital Corporation Ltd. began trade on Amsterdam's stock exchange at $20 per share on Wednesday, after a trimmed initial public offering that raised $303.5 million for the affiliate of Carlyle Group

On Tuesday, Carlyle Capital said it had placed 15.8 million new shares at $19 per Class B stock. Shares traded up 2.6 percent at $19.50 by 0729 GMT.