Sixth Street Specialty Lending, Inc. Provides Dividend Payment Notification
NEW YORK–(COMMERCIAL THREAD) – Sixth Street Specialty Lending, Inc. (NYSE: TSLX) (“TSLX” or “the Company”) announced today that due to a technical error by the administrator of its dividend reinvestment plan , all shareholders will receive their dividend by the October 15, 2020 cash payment date, rather than just those who have chosen to “opt out” of the dividend investment plan. The recording date of this dividend, which was September 15, 2020, and the payment date remain unchanged.
The Company expects this issue to be resolved by the administrator prior to future dividend payments. However, the Company encourages its shareholders to reconfirm their dividend choice preferences with their broker or any other applicable party.
About Sixth Street Specialty Loans
Sixth Street Specialty Lending is a specialty finance company focused on lending to mid-market businesses. The Company seeks to generate current income primarily in mid-market companies domiciled in the United States through direct issuance of senior secured loans and, to a lesser extent, issuance of mezzanine loans and investments. in corporate bonds and equity securities. The Company elected to be regulated as a Business Development Corporation, or BDC, under the Investment Companies Act of 1940 and the rules and regulations promulgated under it. The Company is managed externally by Sixth Street Specialty Lending Advisers, LLC, a subsidiary of Sixth Street and an investment adviser registered with the Securities and Exchange Commission (“SEC”). The company leverages the significant investment, industry and operating resources of Sixth Street, a global investment firm with approximately $ 47 billion in assets under management as of August 2020. For more information, visit the company website at www.sixthstreetspecialtylending.com.
About Sixth Street
Sixth Street is a global investment firm with approximately $ 47 billion in assets under management as of August 2020. Sixth Street operates eight diverse and collaborative investment platforms across our growth investments, adjacencies, direct lending, fundamental public strategies, infrastructure, special situations, agriculture and at par of liquid credit companies. Our highly flexible and long-term oriented capital base and our “One Team” cultural philosophy allow us to invest thematically across all sectors, geographies and asset classes. Founded in 2009, Sixth Street has over 275 team members, including over 140 investment professionals operating from nine locations around the world. For more information visit www.sixthstreet.com.
Statements included in this document may constitute “forward-looking statements”, which relate to future events or to the future performance or financial condition of the Company. These statements do not constitute guarantees of future performance, conditions or results and involve a number of risks and uncertainties. Actual results may differ materially from forward-looking statements due to a number of factors, including those described from time to time in documents filed by the Company with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements.