Sixth Street Specialty Lending in $300 Million Offering

Cleary Gottlieb represented Sixth Street Specialty Lending Inc. in an SEC-registered offering of $300 million aggregate principal amount of 6.95% notes due 2028.

The offering was underwritten by a syndicate of investment banks led by BofA Securities Inc., J.P. Morgan Securities LLC, and SMBC Nikko Securities America Inc. The transaction priced on August 7, 2023, and closed on August 14, 2023.

Sixth Street Specialty Lending is a business development company under the Investment Company Act of 1940 and focuses on lending to U.S. middle-market companies.