Sixth Street Specialty Lending (TSLX) Announces Public Offering of Common Stock

Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or the “Company”) announced today that it has launched a public offering of 4,000,000 shares of its common stock. TSLX also plans to grant the underwriters for the offering an option to purchase up to an additional 600,000 shares of its common stock. The offering will be made pursuant to a registration statement, which has been filed with, and declared effective by, the Securities and Exchange Commission (the “SEC”). The completion of the proposed offering depends upon several factors, including market and other conditions.

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, the Company 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.

Morgan Stanley, BofA Securities, Wells Fargo Securities, Goldman Sachs & Co. LLC, Keefe, Bruyette & Woods, A Stifel Company, Raymond James, RBC Capital Markets, and JMP Securities are acting as joint book-running managers for this offering.

You May Also Be Interested In

• GXO Logistics, Inc. (GXO) Prices $1.1B Notes Offering
• IBM (IBM) to Acquire HashiCorp (HCP) for $35/sh Cash or $6.4B
• Genco Shipping & Trading Limited (GNK) Sends Letter to Shareholders