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Sixth Street Specialty Lendnin - TSLX STOCK NEWS

Welcome to our dedicated page for Sixth Street Specialty Lendnin news (Ticker: TSLX), a resource for investors and traders seeking the latest updates and insights on Sixth Street Specialty Lendnin stock.

Sixth Street Specialty Lending, Inc. (TSLX) is a premier specialty finance company dedicated to offering flexible and committed financing solutions to middle-market companies in the United States. Founded with a mission to bridge the capital gap, TSLX excels at providing creative financial solutions to companies with complex business models that often face challenges in accessing traditional capital markets.

TSLX's primary business focus is on generating current income through the direct origination of senior secured loans. Additionally, the company engages in the origination of mezzanine and unsecured loans and invests in corporate bonds and equity securities. By partnering with companies across various industries, TSLX ensures diversified exposure and mitigates risk, thereby creating a stable income stream for its investors.

Recent achievements and ongoing projects highlight TSLX’s commitment to innovation and growth. The company continues to expand its portfolio by identifying and investing in lucrative opportunities within the U.S. middle market. Through its strategic partnerships and keen market insights, TSLX has been able to secure a prominent position in the specialty lending sector.

Financially, TSLX remains robust, with a disciplined investment approach that emphasizes credit quality and risk management. The company’s well-diversified portfolio and strong capital base provide a solid foundation for sustained growth and stability. As a result, TSLX is well-equipped to navigate market fluctuations and continue delivering value to its stakeholders.

With headquarters strategically located in the United States, TSLX is well-positioned to leverage its local expertise and extensive network. The company’s commitment to transparency, integrity, and excellence makes it a trusted partner for middle-market companies seeking reliable financial solutions.

For investors seeking regular updates on TSLX’s performance, recent events, and developments, the company's latest news section is a valuable resource. Stay informed about TSLX's financial health, partnership announcements, and market activities to make well-informed investment decisions.

News

Sixth Street Specialty Lending, Inc. Announces Public Offering of Common Stock

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Sixth Street Specialty Lending, Inc. (TSLX) announces a public offering of 4,000,000 shares of common stock with an option for underwriters to purchase an additional 600,000 shares. The net proceeds will be used to pay down debt and make new investments. Joint book running managers include Morgan Stanley, Wells Fargo Securities, and others.
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Sixth Street Specialty Lending, Inc. Reports Full Year and Fourth Quarter 2023 Earnings Results; Declares a First Quarter Base Dividend Per Share of $0.46, and a Fourth Quarter Supplemental Dividend Per Share of $0.08

Rhea-AI Summary
Sixth Street Specialty Lending, Inc. (TSLX) announced its financial results for the full year and fourth quarter of 2023. A conference call to discuss the results will be held on February 16, 2024. The call will be broadcast live on TSLX's website, with a slide presentation available for reference. Research analysts can register to participate in the call. A recorded version will be accessible after the live session.
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Sixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its Fourth Quarter and Fiscal Year Ended December 31, 2023 Financial Results

Rhea-AI Summary
Sixth Street Specialty Lending, Inc. (TSLX) will release its financial results for the fourth quarter and fiscal year ended December 31, 2023 on February 15, 2024, with a webcast / conference call on February 16, 2024. The conference call will be broadcast live in listen-only mode on the Investor Resources section of TSLX’s website. Research analysts must register to participate in the call.
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KBRA Assigns Rating to Sixth Street Specialty Lending, Inc.'s $350 Million Senior Unsecured Notes Due 2029

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KBRA assigns a rating of BBB+ to Sixth Street Specialty Lending, Inc. (NYSE: TSLX) with a Stable Outlook. The company is tied to Sixth Street, a global investment firm with $75 billion of assets under management. TSLX has a $3.1 billion diversified investment portfolio, 91% of which are first lien senior secured investments, and a diversified funding structure. The company's portfolio company weighted average annual EBITDA was $69.2 million with a weighted average revenue of $209 million as of September 30, 2023. The top three sector concentrations included Internet Services (15.7%), Business Services (14.9%), and Retail & Consumer Products (10.9%). TSLX's liquidity is adequate with $981.5 million of combined cash and available committed bank lines. The company's percentage of unsecured debt to total debt is boosted by the $350 million issuance. The ratings are supported by the company's solid 14-year operating history with minimal non-accruals and a strong management team with decades of experience in middle market lending and solid risk management practices. However, the company is counterbalanced by the illiquid nature of the assets and retained earnings constraints as a Regulated Investment Company (RIC).
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Sixth Street Specialty Lending, Inc. Prices Public Offering of $350.0 million 6.125% Unsecured Notes due 2029

Rhea-AI Summary
Sixth Street Specialty Lending, Inc. (TSLX) announced a $350.0 million underwritten public offering of 6.125% notes due 2029 to pay down outstanding debt and make new investments in accordance with its investment objectives and strategies.
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Sixth Street Specialty Lending, Inc. Reports Third Quarter 2023 Earnings Results; Declares a Fourth Quarter Base Dividend Per Share of $0.46, and a Third Quarter Supplemental Dividend Per Share of $0.07

Rhea-AI Summary
Sixth Street Specialty Lending, Inc. (NYSE: TSLX) has reported its financial results for the third quarter of 2023. A conference call to discuss the results will be held on November 3, 2023, and will be available for replay afterwards.
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Sixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its Third Quarter Ended September 30, 2023 Financial Results

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Sixth Street Specialty Lending, Inc. will release its Q3 2023 financial results on November 2, 2023. A webcast/conference call will be held on November 3, 2023 at 8:30 a.m. Eastern Time to discuss the results.
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Sixth Street Specialty Lending, Inc. Prices Public Offering of $300.0 million 6.950% Unsecured Notes due 2028

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Sixth Street Specialty Lending, Inc. Reports Second Quarter 2023 Earnings Results; Declares a Third Quarter Base Dividend Per Share of $0.46, and a Second Quarter Supplemental Dividend Per Share of $0.06

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Sixth Street Specialty Lending, Inc. Expands its Board of Directors and Appoints P. Emery Covington to the Board

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FAQ

What is the current stock price of Sixth Street Specialty Lendnin (TSLX)?

The current stock price of Sixth Street Specialty Lendnin (TSLX) is $23.51 as of February 28, 2025.

What is the market cap of Sixth Street Specialty Lendnin (TSLX)?

The market cap of Sixth Street Specialty Lendnin (TSLX) is approximately 2.2B.

What does Sixth Street Specialty Lending, Inc. (TSLX) do?

TSLX provides flexible, fully committed financing solutions to middle-market companies in the United States, focusing on direct origination of senior secured loans.

What types of loans does TSLX originate?

TSLX originates senior secured loans and, to a lesser extent, mezzanine and unsecured loans. They also invest in corporate bonds and equity securities.

Which industries does TSLX partner with?

TSLX partners with companies across a variety of industries, focusing on those with complex business models that have limited access to traditional capital markets.

How does TSLX generate income?

TSLX generates income through direct origination of loans and investments in corporate bonds and equity securities, aiming to provide stable returns to investors.

Where is TSLX headquartered?

TSLX is headquartered in the United States, leveraging its local expertise and extensive network to support middle-market companies.

What is TSLX's approach to risk management?

TSLX employs a disciplined investment approach that emphasizes credit quality and diversified exposure to mitigate risks and ensure financial stability.

How can investors stay updated on TSLX's performance?

Investors can stay updated by following the company's latest news section, which provides regular updates on financial performance, partnerships, and market activities.

What recent achievements has TSLX accomplished?

TSLX has expanded its portfolio by identifying and investing in lucrative opportunities, securing a prominent position in the specialty lending sector.

What makes TSLX a trusted partner for middle-market companies?

TSLX's commitment to transparency, integrity, and excellence, coupled with its flexible financial solutions, makes it a trusted partner for middle-market companies.

How does TSLX support companies with limited access to capital?

TSLX provides creative and flexible financing solutions to companies with complex business models, addressing their unique capital needs and supporting their growth.
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Sixth Street Specialty Lendnin

NYSE:TSLX

TSLX Rankings

#1336 Ranked by Market Cap
#308 Ranked by Dividends

TSLX Stock Data

2.17B
92.44M
0.42%
51.1%
1.07%
Asset Management
Financial Services
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United States
DALLAS