Highest-materiality recent filing
Oaktree Specialty Lending Q2 NII $0.38/sh, NAV $15.69, net loss $0.21/sh; dividend $0.34
Total investment income $70.4M ($0.80/sh), down from $75.1M ($0.85/sh) QoQ, driven by lower rates and non-recurring income.
Oaktree Specialty Lending Q4 NII $0.41/share, NAV $16.64, dividend $0.40
Total investment income $77.3M ($0.88/share) in Q4 FY2025, up from $75.3M in Q3; full year $316.8M vs $381.7M last year.
Oaktree Specialty Lending Q3 NII falls to $0.38/shr from $0.45; NAV flat at $16.76
GAAP NII $33.5M ($0.38/shr) vs $39.1M ($0.45) prior quarter, down due to lower income and higher interest expense.
Fiscal Q2 2025: NII $0.45/share, NAV down 5% to $16.75
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).
Oaktree Specialty Lending amends credit facility: lower margin, extended maturity to 2030
Facility size decreased from $1.218B to $1.160B; accordion increased to $1.50B or net worth.
Oaktree Specialty Lending issues $300M 6.340% Notes due 2030
Issued $300M aggregate principal of 6.340% Notes due February 27, 2030.
Oaktree Specialty Lending Q1 NII $0.54/sh, NAV $17.63; Oaktree buys $100M shares at NAV
Total investment income $86.6M ($1.05/sh), down from $94.7M ($1.15/sh) QoQ due to lower rates and non-accruals.
Oaktree Specialty Lending Q4 net investment income $0.55/sh; NAV $18.09; declares $0.55 dividend
Total investment income Q4 $94.7M ($1.15/sh); full year $381.7M ($4.75/sh).
Oaktree Specialty Lending increases ATM equity offering capacity by $175M to $300M total
Amendment to Equity Distribution Agreement dated Aug 2, 2024 raises aggregate offering price to $300M.
Oaktree Specialty Lending Q3 adjusted NII $0.55/sh, NAV down to $18.19
Total investment income $95.0M ($1.16/sh), up from $94.0M in prior quarter.
OCSL Q2 adjusted NII $0.56/sh, NAV $18.72, permanent mgmt fee cut to 1.00%
GAAP NII $41.4M ($0.52/sh); adjusted NII $44.7M ($0.56/sh) vs $44.2M in prior quarter.
Oaktree Specialty Lending Q1 NII $0.57, NAV falls to $19.14, non-accruals up
GAAP NII $44.2M ($0.57/share), down from $47.5M ($0.62) in prior quarter.
Record full-year adjusted net investment income of $177.8M ($2.47/share) vs $128.6M in prior year; ROE over 12%.
Oaktree Specialty Lending issues $300M of 7.100% Notes due 2029
$300M aggregate principal amount of 7.100% Notes due 2029; closing expected Aug 15, 2023.
Total investment income $101.9M; GAAP NII $48.4M ($0.63/share).
Oaktree Specialty Lending Q2 fiscal 2023 NII $0.63/share; declares $0.55 dividend
Total investment income $96.3M ($1.32/share) vs $79.2M in prior quarter; driven by OSI2 merger and higher base rates.
Oaktree Specialty Lending Q1 adjusted NII $0.61/share, up 10% QoQ; dividend raised to $0.55
Total investment income $79.2M ($1.30/share) vs $70.1M prior quarter; GAAP NII $38.8M ($0.63/share).
OCSL completes merger with OSI II; combined company assets >$3.3B
Combined company pro forma assets exceed $3.3B as of Dec 31, 2022.
OCSL and OSI2 stockholders approved merger; over 96% and 89% support; close expected Jan 23, 2023.
Oaktree Specialty Lending Q4 adjusted NII $0.18/sh, dividend up to $0.18 + special $0.14
Q4 total investment income $70.1M ($0.38/sh); FY $262.5M ($1.44/sh), up 11% YoY.
OCSL and OSI II agree to merge; OCSL to issue shares based on NAV, expected Q2 2023 close
Exchange ratio based on NAV; illustrative 2.71 OCSL shares per OSI2 share (June 30 NAV).
OCSL Q3 adj NII $0.17/shr; dividend raised to $0.17; NAV $6.89, down 5.1%
GAAP NII $40.4M ($0.22/shr); adjusted NII $31.4M ($0.17/shr) vs $32.3M ($0.18) prior quarter.
Oaktree Specialty Lending Q2 NII $0.22/share; raises dividend to $0.165, up 3% QoQ
GAAP NII $40.1M ($0.22/share) vs. $32.3M ($0.18/share) prior quarter; adjusted NII $32.3M ($0.18/share).
Oaktree Specialty Lending enters into $125M ATM equity distribution agreement
Entered equity distribution agreement to sell up to $125M of common stock at-the-market through multiple placement agents.
Oaktree Specialty Lending Q1 2022: adj NII $0.17/sh, NAV $7.34, div up 3% to $0.16
Total investment income $64.9M; adj total investment income $62.1M; GAAP NII $32.3M ($0.18/sh); adj NII $31.2M ($0.17/sh).
Oaktree Specialty Lending reports Q4 NII $0.18/sh; declares $0.155 dividend, up 7%
GAAP NII $33.0M ($0.18/sh) in Q4, down from $35.9M ($0.20/sh) in Q3; full-year NII $97.1M ($0.60/sh) vs $72.0M in FY2020.
On June 14, 2024, Matthew Stewart resigned as Chief Operating Officer of Oaktree Specialty Lending Corporation.
On October 1, 2021, Kimberly Larin notified Oaktree Specialty Lending Corporation (the “Company”) of her resignation as the Company’s Chief Compliance Officer, effective as of the close of business on November 12, 2021.
On September 22, 2021, Richard G. Ruben resigned as a member of the board of directors of Oaktree Specialty Lending Corporation (the “Company”), effective as of September 24, 2021.
Max materiality 1.00 · Median 0.60 · Most common event earnings