John A. Ross
John A. Ross informed the Company of his intention to retire from the Board of Directors (the “Board”) of the Company, effective as of the close of business on May 22, 2025.
Highest-materiality recent filing
Elected Hurley Doddy, Michael Fishman, and Robert Stanley as Class III directors; broker non-votes of ~30.6M shares.
Sixth Street Specialty Lending issues $300M of 5.650% notes due 2031
Issued $300M aggregate principal of 5.650% notes maturing August 15, 2031.
Q1 net loss $0.27/sh, NAV falls to $16.24; base dividend cut to $0.42
Net investment income $0.42/sh, net loss $0.27/sh; annualized ROE on NII 9.9%, on NI -6.5%.
Joshua Easterly to retire as Chairman and Co-CIO; Bo Stanley named Co-CIO of Adviser
Joshua Easterly not seeking re-election at May 21, 2026 Annual Meeting; will retire from Sixth Street effective June 30, 2026.
TSLX reports Q4 earnings; NAV $16.98; forms $200M JV with Carlyle; declares $0.46 dividend
Full year 2025 NII $2.23/share, net income $1.81/share; adjusted NII $2.18, adjusted NI $1.76.
Sixth Street Specialty Lending Q3 NII $0.54/sh; CEO Easterly to resign, Bo Stanley appointed Co-CEO
Q3 NII $0.54 per share ($50.7M); adjusted NII $0.53; total investment income $109.4M, vs $119.2M YoY.
Q2 2025 adj NII $0.56/sh, adj NI $0.64/sh; annualized ROE on adj NII 13.1%, adj NI 15.1%.
John D. Hershey appointed as Class II non-interested director effective June 30, 2025, term until 2028 annual meeting.
TSLX stockholders approve proposal to sell shares below NAV
Special meeting on June 20, 2025; 43.7M votes for, 4.4M against, 2.0M abstentions.
Elected Jennifer Gordon, Judy Slotkin, and P. Emery Covington as Class II directors.
TSLX Q1 NII $0.62/sh, adj NII $0.58; declares $0.46 base + $0.06 supplemental dividend
Net investment income $58.0M ($0.62/sh); net income $37.0M ($0.39/sh).
Sixth Street Specialty Lending extends revolver to 2030, increases accordion to $2.5B
Extended $1.525B revolving period termination to March 2, 2029; stated maturity to March 4, 2030.
Sixth Street Specialty Lending establishes $100M ATM equity program with five sales agents
Entered equity distribution agreements with RBC, Truist, Citizens, KBW, and Raymond James.
Sixth Street Specialty Lending issues $300M of 5.625% notes due 2030
$300M aggregate principal of 5.625% notes due August 15, 2030.
TSLX reports FY2024 NII $2.39/share, Q4 NII $0.62; declares Q1 base dividend $0.46
FY2024 net investment income $2.39/share, net income $2.03/share; ROE 14.1% on NII, 12.0% on NI.
TSLX Q3 NII $0.59/sh (adj $0.57); NAV $17.12; declares $0.46 base + $0.05 supplemental dividend
Q3 net investment income $0.59/sh, adjusted $0.57; net income $0.44/sh (adj $0.41).
TSLX Q2 NII $0.59/share, declares $0.06 supplemental; revolver upsized to $1.7B
Q2 net investment income $0.59/share (adj. $0.58); net income $0.51/share (adj. $0.50).
Sixth Street Specialty Lending discloses shareholder vote results from annual and special meetings
Stockholders elected David Stiepleman, Richard Higginbotham, and Ronald Tanemura as Class I directors with 36.2M, 35.5M, and 37.8M votes for, respectively.
TSLX Q1 net investment income $0.59/share; NAV $17.17; declares base $0.46 + supplemental $0.06
Net investment income $52.4M ($0.59/share); adjusted $0.58; net income $47.5M ($0.53/share).
Sixth Street Specialty Lending increases credit facility to $1.70B, extends maturity to 2029
Aggregate commitments increased from $1.685B to $1.70B under the revolving credit facility.
Sixth Street Specialty Lending issues 600k shares via overallotment option exercise
Issued 600,000 shares of common stock on April 1, 2024, under Feb 29 underwriting agreement.
Sixth Street Specialty Lending raises ~$81.6M via 4M share common stock offering at $20.52/share
Issued 4,000,000 shares of common stock at $20.52 per share, netting approximately $81.6 million after expenses.
TSLX posts FY 2023 NII $2.31/sh, NAV $17.04; declares $0.46 base + $0.08 supplemental dividends
Full year 2023 NII per share $2.31, net income per share $2.61; Q4 NII $0.62, net income $0.58.
Sixth Street Specialty Lending issues $350M of 6.125% notes due 2029
$350M aggregate principal of 6.125% notes due March 1, 2029; interest payable semiannually.
John A. Ross informed the Company of his intention to retire from the Board of Directors (the “Board”) of the Company, effective as of the close of business on May 22, 2025.
Max materiality 0.85 · Median 0.57 · Most common event earnings