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Oaktree Specialty Lending Corp 8-K Analysis & Summary – 2/21/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Oaktree Specialty Lending Corpo
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Filing date:

02/21/2025

TLDR:

Oaktree Specialty Lending Corporation entered into an underwriting agreement for the issuance and sale of $300 million aggregate principal amount of 6.340% Notes due 2030.

ELI5:

Oaktree Specialty Lending is borrowing $300 million by selling bonds that mature in 2030. They’ll use the money for company activities after paying fees.

Accession #:

0001193125-25-031983

Published on

Analyst Summary

  • Oaktree Specialty Lending Corporation (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) for the issuance and sale of $ 300.0 million aggregate principal amount of the Company’s 6.340% Notes due 2030 (the “Offering”).
  • The closing of the Offering is expected to occur on February 27, 2025, subject to customary closing conditions.
  • The net proceeds to the Company will be $296.2 million, after deducting the underwriting discount of $3.0 million payable by the Company and estimated Offering expenses of approximately $0.8 million payable by the Company.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️