debt
confidence high
sentiment neutral
materiality 0.60
Oaktree Specialty Lending issues $300M 6.340% Notes due 2030
Oaktree Specialty Lending Corp
- Issued $300M aggregate principal of 6.340% Notes due February 27, 2030.
- Net proceeds to reduce outstanding debt under revolving credit facilities and for general corporate purposes.
- Notes are direct unsecured senior obligations; interest payable semiannually starting August 27, 2025.
- Redeemable at make-whole prior to January 27, 2030 (Treasury Rate plus 30 bps), thereafter at par.
- Holders may require repurchase at 100% upon a Change of Control Repurchase Event.