Highest-materiality recent filing
Sixth Street Specialty Lending stockholders approve issuance of shares below NAV
Proposal to sell common stock below net asset value approved at special meeting on June 18, 2026.
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.
Net investment income $50.0M ($0.57/sh); adjusted NII $52.6M ($0.60/sh); net income $64.8M ($0.74/sh).
Sixth Street Specialty Lending issues $300M 6.950% notes due 2028
Issued $300M aggregate principal amount of 6.950% notes maturing August 14, 2028.
Sixth Street Specialty Lending issues $300M of 6.950% Notes due 2028
Issued $300M aggregate principal amount of 6.950% Notes due 2028.
TSLX Q2 net investment income $0.58/shr; declares base $0.46 and supplemental $0.06 dividends
Net investment income $48.8M ($0.58/shr); adjusted NII $49.5M ($0.59/shr).
Sixth Street Specialty Lending appoints P. Emery Covington to board, expands to 10 directors
Board increased from 9 to 10 directors; Ms. Covington appointed as Class II independent director effective July 10, 2023.
Appoints P. Emery Covington to board; board size increased to 10
Board expanded from 9 to 10 directors; Covington appointed as Class II independent director effective June 10, 2023.
Sixth Street Specialty Lending increases revolver by $125M to $1.71B, extends maturity to 2028
Aggregate commitments under revolving credit facility increased from $1.585B to $1.71B.
Sixth Street Specialty Lending issues 675k shares on full exercise of underwriter over-allotment
Issued 675,000 shares of common stock upon full exercise of underwriter option.
Shareholders elect directors, approve below-NAV share sales at TSLX meetings
Class I directors Easterly, Fishman, Doddy elected with 34.4M, 34.7M, and 31.8M votes For respectively.
Sixth Street Specialty Lending closes public offering of 4.5M shares for ~$77.5M
Issued 4.5M shares at $17.33 per share; net proceeds ~$77.5M after estimated offering expenses.
As of May 8, 2023, debt-to-equity ratio estimated at 1.30x, up from 1.20x at March 31.
Q1 2023 net investment income $42.8M ($0.53/sh); adjusted NII $44.6M ($0.55/sh).
TSLX confirms zero direct SVB exposure; liquidity at $642M, minimal portfolio company impact
No operating accounts or counterparty exposure to SVB; all cash ($10.2M) at State Street.
Sixth Street Specialty Lending reports FY2022 NII of $2.13/share; increases base dividend to $0.46
FY2022 net investment income per share $2.13; net income per share $1.38.
TSLX Q4 NII $0.65; raises base dividend to $0.46, declares $0.09 supplemental
Q4 net investment income per share $0.65 (FY 2022: $2.13); net income per share $0.57 (FY: $1.38).
Sixth Street Specialty Lending Q3 adj NII $0.47/share; raises base dividend to $0.45
Q3 adjusted net investment income $0.47/share, adjusted net income $0.43/share; ROE on adj NII 11.5%.
Sixth Street Specialty Lending details Q2 2022 portfolio marks and capital position
Unrealized losses of ~$0.66/share in Q2: $0.40 from market spread widening, $0.26 from equity valuations.
TSLX Q2 adj NII $0.42/shr, NAV $16.27; base dividend raised to $0.42
Adjusted NII $0.42 per share, net loss $0.30 per share; reported NII $0.54 per share.
Ian Simmonds stepped down as Chief Compliance Officer effective June 30, 2022, but continues as CFO.
Stockholders re-elect three directors, ratify KPMG, approve below-NAV stock sale
Class II directors Jennifer Gordon, John Ross, Judy Slotkin re-elected with majority of votes cast.
TSLX Q1 adj NII $0.49/sh, NAV $16.88; declares $0.41 base + $0.04 supp dividend
Adjusted net investment income $0.49/sh; net investment income $0.47/sh (GAAP).
Sixth Street Specialty Lending expands revolver to $1.585B, extends maturity to 2027
Aggregate commitments increased from $1.510B to $1.585B.
TSLX reports Q4 2021 adj. NII $0.63/share; declares Q1 base dividend $0.41 and supplemental $0.11
Full year 2021 adjusted net investment income $2.16/share; adjusted net income $3.12/share; GAAP net income $2.93/share.
Sixth Street Specialty Lending amends credit facility to add alternative reference rates
Entered eleventh amendment to $TSLX revolving credit facility on Dec 21, 2021.
TSLX Q3 adj NII $0.55/sh, NAV $17.18; declares $0.50 special dividend
Q3 adj net investment income per share $0.55; adj net income per share $0.80; annualized ROE on adj NII 13.0%.
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.
On July 10, 2023, the Board of Directors (the “Board”) of Sixth Street Specialty Lending, Inc. (the “Company”) increased the size of the Board from nine (9) to ten (10) directors, and appointed P. Emery Covington as a director to fill the vacancy.
On June 10, 2023, the Board of Directors (the “Board”) of Sixth Street Specialty Lending, Inc. (the “Company”) increased the size of the Board from nine (9) to ten (10) directors, and appointed P. Emery Covington as a director to fill the vacancy.
Anton Brett was appointed by the Board of the Company to the position of Chief Compliance Officer and Secretary of the Company
Ian Simmonds would step down from his position as Chief Compliance Officer of the Company
Max materiality 0.85 · Median 0.55 · Most common event earnings