Oaktree Specialty Lending Corporation Company profile
About Oaktree Specialty Lending Corp
Oaktree Specialty Lending Corporation is a specialty finance company. The Company is providing customized, one-stop credit solutions to companies with limited access to public or syndicated capital markets. The Company provides flexible financing solutions, including first and second lien loans, unsecured and mezzanine loans, bonds, preferred equity and certain equity co-investments. The company acts as a business development company. The Company serves various industries, including application software, multi-sector holdings, data processing and outsourced services, pharmaceuticals, biotechnology, health care services, specialized finance, personal products, property and casualty insurance, industrial machinery, internet and direct marketing retail, construction and engineering. The Company’s investment advisor is Oaktree Capital Management, L.P.
Financial summary
BRIEF: For the three months ended 31 December 2021, Oaktree Specialty Lending Corp revenues increased 70% to $64.9M. Net income decreased 40% to $39.4M. Revenues reflect Interest income Non-control/Non-affiliat increase of 77% to $51.6M, Total dividend income increase from $130K to $3.9M, PIK investment-Non-control/Non-affiliat increase of 51% to $4.7M.
Equity composition
Common Stock $.01 Par, 12/10, 150M auth., 55,059,057 issd. Insiders & Strategic Owners own 2.49%. IPO 6/12/08, 10M shares @ 14.12 pershare by Goldman, Sachs & Co., UBS Securities, Wachovia Capital Markets, LLC., BMO Capital Markets Corp. & Stifel, Nicolaus & Company, Incorporated