other material
confidence high
sentiment neutral
materiality 0.55
Sixth Street Specialty Lending establishes $100M ATM equity program with five sales agents
Sixth Street Specialty Lending, Inc.
- Entered equity distribution agreements with RBC, Truist, Citizens, KBW, and Raymond James.
- May sell up to $100M of common stock at-the-market; commission up to 1.5% of gross proceeds.
- Minimum offering price per share not less than NAV per share at time of sale.
- Proceeds for general corporate purposes, including investments and debt repayment.
- No obligation to sell; program may be suspended at any time.