Sixth Street Specialty Lending, Inc. Prices Public Offering of $350.0 million 6.125% Unsecured Notes due 2029
Summary
The notes will mature on and may be redeemed in whole or in part at TSLXs 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 predominately floating rate loans., , J.P. Morgan and SMBC Nikko are acting as joint book-running managers for this offering. TSLX leverages the deep investment, sector, and operating resources of , a global investment firm with over of assets under management and committed capital.Statements included herein may constitute forward-looking statements, which relate to future events or the Companys future performance or financial condition. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the Companys control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements including, without limitation, the risks, uncertainties and other factors identified in the Companys filings with the . The Company does not undertake any obligation to update or revise any forward-looking statements or any other information contained herein, except as required by applicable law.