Shares in Carlyle Capital Corp were suspended in Amsterdam on Friday after the fund said it had received substantial additional margin calls and default notices from its lenders.

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Carlyle on Thursday said it had received one notice of default in recent days after its banks made $37m of margin calls. On Friday, it said in a statement it had been informed by its lenders that “additional margin calls and increased collateral requirements would be significant and well in excess of the margin calls it received Wednesday. The company believes these additional margin calls and increased collateral requirements could quickly deplete its liquidity and impair its capital.“