Sixth Street Specialty Lending

TPG Specialty Lending, Inc. is a specialty finance company, which focuses on lending to middle-market companies. Its investment comprises first-lien debt, second-lien debt, mezzanine and unsecured debt and equity, and other investments. The company was founded in July 2011 and is headquartered in Fort Worth, TX.

Earnings data Q3 2023

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Sixth Street Specialty Lending, Inc. delivered strong Q2 results with a 4% total NAV return and a 4% increase in dividends. The portfolio is well-diversified, focusing on the Tech, Healthcare, and Human Resources sectors. Sixth Street remains a top performer in the sector with consistent performance and a reasonable valuation.

Sixth Street Specialty Lending Q2 Update: Strong Results, Boost To The Supplemental

Sixth Street Specialty Lending is a BDC that provides financing options to small and medium-sized US enterprises. TSLX's conservative capital allocation policy has resulted in underperformance compared to peers, but this creates an attractive entry point. TSLX has minimal idiosyncratic exposures, a prudent funding approach, and offers juicy cash flows, making it a solid investment.

Sixth Street Specialty Lending: Best Of Breed In BDC Space

Blackstone Secured Lending Fund

Blue Owl Capital Corp

BDC reach has expanded to include more opportunities and potential clients. Almost any size and type of company can now benefit by working with a BDC. BDCs lend to companies that cannot readily access traditional lenders for some reason or another.

BDC Income For Life

NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has priced an underwritten public offering of $300.0 million in aggregate principal amount of 6.950% notes due 2028. The notes will mature on August 14, 2028 and may be redeemed in whole or in part at TSLX's option at any time at par plus a “make-whole” premium, if applicable. TSLX expects to use the net proceeds of the offering to pay down outstanding debt under its rev.

Sixth Street Specialty Lending, Inc. Prices Public Offering of $300.0 million 6.950% Unsecured Notes due 2028

Although the revenue and EPS for Sixth St (TSLX) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Sixth St (TSLX) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Sixth Street (TSLX) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.51 per share a year ago.

Sixth Street (TSLX) Surpasses Q2 Earnings and Revenue Estimates

NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today reported financial results for the second quarter ended June 30, 2023. Please view a printable version of the 2023 Second Quarter Results. Conference Call Information: A conference call to discuss the Company's financial results will be held at 8:30 a.m. Eastern Time on August 4, 2023. The conference call will be broadcast live in listen-only mode on the Investor Resources section of TSLX's webs.

Sixth Street Specialty Lending, Inc. Reports Second Quarter 2023 Earnings Results; Declares a Third Quarter Base Dividend Per Share of $0.46, and a Second Quarter Supplemental Dividend Per Share of $0.06

Sixth Street Specialty Lending yields 9.2% on its regular quarterly distribution, plus 0.8% for its supplemental payout, for a total yield of ~10%. NII jumped 20% in Q1 '23. Strong distribution coverage of 1.22X.

Sixth Street Specialty Lending: 10% Yield, Strong Q1 Earnings

Sixth Street Specialty Lending, Inc. is paying out a 9.4% regular dividend yield. This was 119% covered by fiscal 2023 first quarter net investment income. The business development company's spillover income of $0.87 per share is set to power future supplementals through 2023 and 2024.

Sixth Street Specialty Lending: The 9.4% Dividend Yield Is Getting Fatter

NEW YORK--(BUSINESS WIRE)--The board of directors (the “Board”) of Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that Ms. P. Emery (“Pem”) Covington was appointed to the Company's Board of Directors on July 10, 2023. Ms. Covington's appointment brings the total number of directors to ten, six of whom are not “interested persons” of the Company as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended. Ms. Covington will serve.

Sixth Street Specialty Lending, Inc. Expands its Board of Directors and Appoints P. Emery Covington to the Board

NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that it will release its financial results for the second quarter ended June 30, 2023 on Thursday, August 3, 2023, after the market closes. TSLX invites all interested persons to its webcast / conference call on Friday, August 4, 2023 at 8:30 a.m. Eastern Time to discuss its second quarter ended June 30, 2023 financial results. Conference Call Information: The conference call w.

Sixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its Second Quarter Ended June 30, 2023 Financial Results

Sixth Street Specialty Lending offers an attractive yield and has consistently delivered strong shareholder returns. TSLX has a healthy portfolio, reasonable leverage, and is well-positioned to benefit from volatility in the regional bank sector. The stock is a strong pick for income investors due to its ample room for special dividends, improving debt-to-equity ratio, and attractive valuation.

Sixth Street Specialty Lending: 9.7% Yield And Investment Grade Credit Rating

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We take a look at the action in business development companies through the third week of May and highlight some of the key themes we are watching. BDCs had a good week with a 2.5% total return. A rise in net income over Q1 has supported the sector in a difficult market.

BDC Weekly Review: Fees - A Potential Hedge For Lower Interest Income

We catch up on Q1 results from BDC Sixth Street Specialty Lending and highlight key income dynamics of the portfolio. TSLX had a very strong quarter with a 4.1% total NAV return. Both net income and the NAV registered gains.

TSLX: Another Quarter Of Outperformance For This 11.2% Yielding BDC

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BDCs were up on the week, buoyed by strong earnings numbers. Companies in the sector continue to manage the amount of their outstanding shares with largely positive consequences for investors.

BDC Weekly Review: BDCs Busy With Share Issuance And Buybacks

NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has priced a public offering of 4,500,000 shares of its common stock for total gross proceeds of approximately $79.2 million. In connection with the offering, the Company has granted the underwriters for the offering an option to purchase up to an additional 675,000 shares of its common stock. The offering is subject to customary closing conditions, and the shares are ex.

Sixth Street Specialty Lending, Inc. Prices Public Offering of Common Stock

NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or the “Company”) announced today that it has launched a public offering of 4,500,000 shares of its common stock. TSLX also plans to grant the underwriters for the offering an option to purchase up to an additional 675,000 shares of its common stock. The offering will be made pursuant to a registration statement, which has been filed with the Securities and Exchange Commission (the “SEC”) and became effective au.

Sixth Street Specialty Lending, Inc. Announces Public Offering of Common Stock

Sixth Street Specialty Lending, Inc. (NYSE:TSLX ) Q1 2023 Earnings Conference Call May 9, 2023 8:30 AM ET Company Participants Cami VanHorn - Head, Investor Relations Joshua Easterly - Chief Executive Officer Bo Stanley - President Ian Simmonds - Chief Financial Officer Conference Call Participants Kevin Fultz - JMP Securities Mark Hughes - Truist Securities Jordan Wathen - Wells Fargo Securities LLC Erik Zwick - from Hovde Group Robert Dodd - Raymond James Ryan Lynch - KBW Melissa Wedel - JPMorgan Operator Good morning and welcome to the Sixth Street Specialty Lending, Inc.'s First Quarter ended March 31, 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded on Tuesday, May 9, 2023.

Sixth Street Specialty Lending, Inc. (TSLX) Q1 2023 Earnings Call Transcript

Sixth Street (TSLX) came out with quarterly earnings of $0.53 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.46 per share a year ago.

Sixth Street (TSLX) Q1 Earnings Match Estimates

NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today reported financial results for the first quarter ended March 31, 2023. Please view a printable version of the 2023 First Quarter Results. Conference Call Information: A conference call to discuss the Company's financial results will be held at 8:30 a.m. Eastern Time on May 9, 2023. The conference call will be broadcast live in listen-only mode on the Investor Resources section of TSLX's website.

Sixth Street Specialty Lending, Inc. Reports First Quarter 2023 Earnings Results; Declares a Second Quarter Base Dividend Per Share of $0.46, and a First Quarter Supplemental Dividend Per Share of $0.04

Sixth St (TSLX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Sixth Street (TSLX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company") announced today that it will release its financial results for the first quarter ended March 31, 2023 on Monday, May 8, 2023, after the market closes. TSLX invites all interested persons to its webcast / conference call on Tuesday, May 9, 2023 at 8:30 a.m. Eastern Time to discuss its first quarter ended March 31, 2023 financial results.

Sixth Street Specialty Lending, Inc. Schedules Earnings Release and Conference Call to Discuss its First Quarter Ended March 31, 2023 Financial Results

We catch up on Q4 results from BDC Sixth Street Specialty Lending and highlight key income dynamics of the portfolio. The company continued to grow its net income with a large jump in Q4. The dividend was raised once again and coverage remains high.

Sixth Street Specialty Lending: Opening A Position In This High-Performing BDC

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We take a look at the action in business development companies through the third week of March and highlight some of the key themes we are watching. BDCs were flat on the week as the markets digested further banking news.

BDC Weekly Review: Macro Worries Weigh On BDCs

NEW YORK--(BUSINESS WIRE)--Sixth Street Specialty Lending, Inc. (NYSE: TSLX, or the “Company”) today sent the following letter to its stakeholders. Please view a printable version of the letter here.

News for Sixth Street Specialty Lending ETF (TSLX)