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Sixth Street Specialty Lending Boosts, Extends Revolving Credit Facility

· 02/05/2021 11:32

04:16 PM EST, 02/05/2021 (MT Newswires) -- Sixth Street Specialty Lending (TSLX) said after markets closed Friday that it has increased its revolving credit facility from $1.34 billion to $1.49 billion and extended the final maturity date by over one year on $1.39 billion of commitments to Feb. 4, 2026.

The accordion feature, which would allow the specialty finance company to upsize the facility has also increased from a maximum of $1.75 billion to $2 billion.

Pricing and advance rates under the facility remain unchanged.

Shares of the company were unchanged in after-hours trade.

Price: 21.72, Change: 0.00, Percent Change: 0.00