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Published on 8/7/2023 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

S&P assigns Sixth Street notes BBB-

S&P said it gave a BBB- rating to the planned $300 million of senior unsecured notes due 2028 that Six Street Specialty Lending Inc. (TSLX) will sell.

The agency last reviewed Six Street’s BBB- ratings on Jan. 17.

TSLX expects to use the proceeds to repay borrowings under its revolving credit facility, which had $1.05 billion outstanding as of June 30.

The outlook is stable.


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