secwatch.observer — SEC 8-K summary
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Issuer:     Sixth Street Specialty Lending, Inc. (TSLX)
CIK:        0001508655
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001193125-22-210132
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sixth Street Specialty Lending details Q2 2022 portfolio marks and capital position
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- Unrealized losses of ~$0.66/share in Q2: $0.40 from market spread widening, $0.26 from equity valuations.
- First lien investments now 91.5% of portfolio on cost; cyclical exposure cut to 2.9% on cost.
- Pro forma leverage 1.04x after convertible note settlement; issued 4.36M shares, accreted NAV ~$0.08/share.
- Non-accruals remain minimal at <0.01% of portfolio at fair value; 98.2% rated 1 or 2.
- Stock buyback program active at below 1.05x NAV per share ($17.08) since IPO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1508655/000119312522210132/0001193125-22-210132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1508655/000119312522210132/d373148d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-210132

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