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Stock impact report

Sixth Street Specialty Lending, Inc. Prices Public Offering of $350.0 million 6.125% Unsecured Notes due 2029

Sixth Street Specialty Lending, Inc. (TSLX) 
Last sixth street specialty lending, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NYSE Investor Relations: tpgspecialtylending.com
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has priced an underwritten public offering of $350.0 million in aggregate principal amount of 6.125% notes due 2029. The notes will mature on March 1, 2029 and may be redeemed in whole or in part at TSLX’s option at any time at par plus a “make-whole” premium, if applicable.TSLX expects to use the net proceeds of the offering to pay down outstanding debt under its revolving credit facility. However, through re-borrowing under the revolving credit facility, TSLX intends to make new investments in accordance with its investment objectives and strategies outlined in the preliminary prospectus supplement and the accompanying prospectus described below in greater detail.In connection with the offering, TSLX intends to enter into an interest rate swap to better align the interest rates of its liabilities with its investment portfolio, which consists of predominat Show less Read more
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