secwatch.observer — SEC 8-K summary
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Issuer:     Sixth Street Specialty Lending, Inc. (TSLX)
CIK:        0001508655
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001193125-23-141378
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Sixth Street Specialty Lending provides updated leverage figures ahead of $79.2M common stock offering
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- As of May 8, 2023, debt-to-equity ratio estimated at 1.30x, up from 1.20x at March 31.
- Net fundings of $130.5M from March 31 to May 8, including $159.4M new investments.
- Offering expected to raise $79.2M, proceeds to repay revolver, reducing debt/equity to ~1.18x.
- Total liquidity was $612.7M as of March 31, with $1,121M drawn on revolver as of May 8.
- New investments expected to generate risk-adjusted returns above cost of capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1508655/000119312523141378/0001193125-23-141378-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1508655/000119312523141378/d507327d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-141378

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer