debt
confidence high
sentiment neutral
materiality 0.60
Oaktree Specialty Lending issues $300M of 7% notes due 2031
Oaktree Specialty Lending Corp
- Issued $300.0M aggregate principal of 7.000% Notes due Sept 16, 2031; closing occurred Sept 16, 2026.
- Net proceeds to reduce borrowings under senior secured revolving credit facility and for general corporate purposes.
- Company may reborrow under revolver to make investments or repay 2.700% notes due 2027 at maturity.
- Notes are unsecured, rank senior to subordinated debt, effectively junior to secured debt, and structurally junior to subsidiary debt.