Sixth Street Specialty Lending Inc (TSLX) Stock Price & Chart | Trade Now

TPG Specialty Lending, Inc. Company profile

About Sixth Street Specialty Lending Inc

Sixth Street Specialty Lending, Inc. is an externally managed, closed-end, non-diversified management investment company. The Company is a specialty finance company focused on lending to middle-market companies. It seeks to generate income primarily in the United States-domiciled middle-market companies through direct originations of senior secured loans and originations of mezzanine and unsecured loans and investments in corporate bonds and equity securities. The Company invests in first-lien debt, second-lien debt, mezzanine and unsecured debt and equity and other investments. Its first-lien debt may include standalone first-lien loans; last out first-lien loans; unitranche loans and secured corporate bonds. Its second-lien debt may include secured loans and secured corporate bonds, with a secondary priority behind first-lien debt. The Company's investment advisor is Sixth Street Specialty Lending Advisers, LLC.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Sixth Street Specialty Lending Inc revenues increased 3% to $278.6M. Net income increased 19% to $211.8M. Revenues reflect Interest from investments increase of 10% to $261.8M, Dividend Income increase of 89% to $3.4M, Interest from investments increase of 6% to $4M. Net income benefited from Realized G/L on Controlled, affiliated decrease from $36.4M (expense) to $0K.