other material
confidence high
sentiment neutral
materiality 0.70
Oaktree Specialty Lending increases ATM equity offering capacity by $175M to $300M total
Oaktree Specialty Lending Corp
- Amendment to Equity Distribution Agreement dated Aug 2, 2024 raises aggregate offering price to $300M.
- Previous capacity was $125M; now allows issuance of up to $300M in common stock under shelf registration.
- Placement agents: Keefe Bruyette & Woods, Citizens JMP, Jefferies, and Raymond James.
- Proceeds will be used for general corporate purposes; shelf registration remains effective.