---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-108562"
form_type: "8-K"
ticker: "OCSL"
cik: "0001414932"
company_name: "Oaktree Specialty Lending Corp"
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T00:09:08.764620+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fiscal Q2 2025: NII $0.45/share, NAV down 5% to $16.75

## Summary
- Total investment income $77.6M ($0.90/share) vs $86.6M ($1.05) prior quarter; NII $39.1M ($0.45) vs $44.3M ($0.54).
- NAV per share $16.75 as of Mar 31, down from $17.63 as of Dec 31, driven by losses on certain debt and equity investments.
- Originated $407M new commitments at 9.5% weighted average yield; $279.4M proceeds from prepayments and exits.
- Oaktree Capital purchased $100M of OCSL shares at NAV ($17.63); issued $300M 6.34% notes due 2030 and repaid $300M maturing notes.
- Declared quarterly distribution $0.40 and supplemental $0.02 per share, payable June 30, 2025.

## SEC filing metadata
- accession: 0001193125-25-108562
- form_type: 8-K
- ticker: OCSL
- cik: 0001414932
- company_name: Oaktree Specialty Lending Corp
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1414932/000119312525108562/0001193125-25-108562-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1414932/000119312525108562/d921018d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-108562
- JSON: https://secwatch.observer/filing/0001193125-25-108562.json
- Plain text: https://secwatch.observer/filing/0001193125-25-108562.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.