TSLX confirms zero direct SVB exposure; liquidity at $642M, minimal portfolio company impact

Sixth Street Specialty Lending, Inc.

No operating accounts or counterparty exposure to SVB; all cash ($10.2M) at State Street.
Two portfolio companies (3.1% of fair value) have SVB as lender; facilities fully drawn, no material impact.
Total liquidity burdened for unfunded commitments stands at $641.8M as of Dec. 31, 2022.
No near-term maturities; next debt due is $347.5M in Nov. 2024.
Debt-to-equity 1.13x (below peer median 1.24x); no CLOs or SPV facilities.

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