Here are the 424B prospectus supplements from Oaktree Specialty Lending Corporation (OCSL) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow OCSL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full OCSL filings page.
Oaktree Specialty Lending Corporation (OCSL) is offering $300,000,000 aggregate principal amount of 7.000% unsecured notes due September 16, 2031. The notes pay cash interest semiannually on March 16 and September 16, beginning March 16, 2027, and will be issued at 99.950% of principal in minimum denominations of $2,000 and $1,000 multiples.
The notes are OCSL’s direct, unsecured obligations, ranking pari passu with its other unsecured unsubordinated debt and effectively junior to secured borrowings and all liabilities of subsidiaries. As of June 30, 2026, OCSL had $1,451.0 million of principal debt outstanding, including $950.0 million unsecured and $501.0 million secured.
Net proceeds of approximately $296.5 million, after underwriting discounts and estimated expenses, are expected to be used primarily to reduce borrowings under OCSL’s secured syndicated credit facility, which had $501.0 million outstanding at a 5.744% weighted average interest rate and matures April 8, 2030, and for general corporate purposes. Holders may require repurchase at 100% of principal plus accrued interest upon a Change of Control Repurchase Event, and OCSL may redeem the notes at its option, including at a make-whole premium before a specified par call date and at par thereafter.
Oaktree Specialty Lending Corporation (OCSL) is offering a new series of senior unsecured notes under its existing shelf registration. The notes rank pari passu with OCSL’s other unsecured unsubordinated debt and are effectively subordinated to secured borrowings and structurally subordinated to liabilities at subsidiaries.
The notes pay fixed semiannual interest, are callable at OCSL’s option (including a make-whole call before a par call date) and include a Change of Control Repurchase Event put at 100% of principal plus accrued interest. The notes will not be listed on any securities exchange, and an active trading market may not develop.
OCSL intends to use net proceeds to reduce borrowings under its secured Syndicated Credit Facility and for general corporate purposes. As of June 30, 2026, OCSL had $1,451.0 million of principal debt outstanding and a net debt to equity ratio of 1.02x, with a predominantly senior secured, below-investment-grade middle‑market loan portfolio generating weighted average annual yields above 9%.