Every 8-K that Sixth Street Specialty Lending, Inc. (TSLX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TSLX 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 TSLX filings page.
Sixth Street Specialty Lending, Inc. reported second quarter 2026 net investment income and net income of $0.43 per share, producing annualized returns on equity of 10.6% and 10.5%, respectively. Reported net asset value per share was $16.24 at June 30, 2026, unchanged from March 31, 2026, as net investment income of $0.43 per share was largely offset by the second quarter base dividend of $0.42 per share and modest valuation movements. Total investment income was $97.8 million for the quarter versus $115.0 million a year earlier, primarily due to lower reference rates, while net expenses declined to $55.7 million from $62.9 million, helped by a lower average interest rate on debt outstanding.
The Board declared a third quarter 2026 base dividend of $0.42 per share to shareholders of record on September 15, 2026, payable September 30, 2026; there was no supplemental dividend related to Q2 earnings, though the supplemental framework remains in place. At June 30, 2026, the investment portfolio had an aggregate fair value of $3,302.1 million across 137 companies, with 88.3% in first-lien debt and only 1.3% of the portfolio at fair value on non-accrual status. The company held $193.6 million in cash and cash equivalents, total principal debt of $1,966.0 million, undrawn revolver capacity of $1,086.2 million, and a debt-to-equity ratio of 1.27x. It extended $1.525 billion of revolving credit facility commitments to May 1, 2031 and, after quarter-end, repaid $300 million of unsecured notes using revolver capacity and balance sheet cash.
Sixth Street Specialty Lending, Inc. obtained stockholder approval to allow the company to sell or issue common stock at prices below its then-current net asset value per share. Any such transactions may occur in one or more offerings, must be approved by the board of directors, and are limited so that the number of shares issued does not exceed 25% of the company’s outstanding common stock immediately before each offering, as described in its proxy materials.
The proposal on sales of common stock below net asset value passed with 41,423,791 votes for, 6,674,197 votes against, and 1,818,545 abstentions, with no broker non-votes. Adjusting to exclude 3,640,068 affiliated shares, the proposal received 38,475,400 votes for, 6,674,197 against, and 1,126,868 abstentions.
Sixth Street Specialty Lending, Inc. reported the results of its annual stockholder meeting and adjourned a special meeting for lack of a quorum. Stockholders elected three Class III directors, with Robert (“Bo”) Stanley receiving 34,739,138 votes for and 5,664,826 withheld. They also ratified KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 69,464,498 votes for, 532,292 against, and 1,006,624 abstentions. A separate special meeting held the same day was adjourned and will reconvene on June 18, 2026 at 9:00 a.m. Eastern Time, with March 31, 2026 remaining as the record date.
Sixth Street Specialty Lending, Inc. has issued $300,000,000 aggregate principal amount of 5.650% notes due 2031 under a Third Supplemental Indenture with U.S. Bank Trust Company, National Association, as trustee. The transaction closed on May 14, 2026.
The notes mature on August 15, 2031, are unsecured obligations, and pay interest at 5.650% per year, semiannually on February 15 and August 15, starting February 15, 2027. The company expects to use net proceeds mainly to pay down its revolving credit facility and for general corporate purposes, including new investments aligned with its investment strategy. If a defined change of control occurs and the notes are rated below investment grade, the company must offer to repurchase them at 100% of principal plus accrued interest.
Sixth Street Specialty Lending, Inc. reported first quarter 2026 net investment income of $0.42 per share and a net loss of $0.27 per share, translating into annualized returns on equity of 9.9% for net investment income and -6.5% for net income. Net asset value per share fell to $16.24 at March 31, 2026 from $16.98 at December 31, 2025, mainly due to $0.58 per share of fair value declines driven by wider credit spreads and lower equity valuations.
The Board declared a second quarter 2026 base dividend of $0.42 per share, payable June 30, 2026 to shareholders of record on June 15, 2026, and affirmed its supplemental dividend framework. Total investment income was $93.4 million for the quarter versus $116.3 million a year earlier, while net investment income totaled $39.8 million. The company extended $1.525 billion of commitments under its revolving credit facility to May 1, 2031, keeping pricing and other key terms unchanged, and ended the quarter with a debt-to-equity ratio of 1.18x and 1.4% of the portfolio at fair value on non-accrual status.
Sixth Street Specialty Lending, Inc. announced that Chairman of the Board Joshua Easterly will not seek re-election at the 2026 Annual Meeting of Shareholders, scheduled for May 21, 2026. He will continue to serve as Chairman and director until his current term expires at that meeting.
Easterly has decided to retire from Sixth Street Partners, LLC effective June 30, 2026, and the Board plans to appoint a successor Chairman on or about the Annual Meeting date. The company states his decision is not due to any disagreement over operations, policies, or practices.
At the company’s investment adviser, Sixth Street Specialty Lending Advisers, LLC, Robert “Bo” Stanley has been named Co-Chief Investment Officer, while Easterly will step down as Co-Chief Investment Officer as of June 30, 2026. The firm emphasizes continuity, noting that investment decisions continue to be made by its Investment Review Committee and highlighting the leadership of Stanley, Co-Head of Direct Lending Michael Griffin, and Co-Founding Partner, CEO, and Co-Chief Investment Officer Alan Waxman. An internal letter from Stanley to the direct lending team is furnished as an exhibit.
Sixth Street Specialty Lending, Inc. reported full-year 2025 net investment income of $2.23 per share and net income of $1.81 per share. For the fourth quarter, net investment income was $0.53 per share and net income was $0.32 per share, supported by elevated interest rates and strong fee income.
Full-year 2025 return on equity was 13.1% on a net investment income basis and 10.6% on a net income basis. Net asset value per share was $16.98 at December 31, 2025, slightly below $17.14 at September 30, 2025, and the company’s economic return for 2025 was 10.9%.
The base dividend remained covered, with adjusted net investment income of $0.52 per share in Q4 exceeding the $0.46 base quarterly dividend by $0.06. The board declared a first-quarter 2026 base dividend of $0.46 per share and a fourth-quarter 2025 supplemental dividend of $0.01 per share. The portfolio totaled $3,347.3 million in fair value, was 89.2% first-lien debt, and had non-accruals of 0.6% of fair value.
Sixth Street Specialty Lending, Inc. (TSLX) announced leadership changes and shareholder distributions. Joshua Easterly will resign as Chief Executive Officer effective December 31, 2025, and remain Chairman. The Board appointed Robert (Bo) Stanley as Co‑Chief Executive Officer and a director effective November 4, 2025; he will become sole CEO after December 31, 2025. The Board size increased to eleven directors and the Bylaws now permit up to fifteen members.
The company furnished a press release with third‑quarter 2025 results. It also declared a fourth‑quarter 2025 base dividend of $0.46 per share to shareholders of record on December 15, 2025, payable December 31, 2025, and a third‑quarter 2025 supplemental dividend of $0.03 per share to shareholders of record on November 28, 2025, payable December 19, 2025.
Sixth Street Specialty Lending (NYSE: TSLX) held a special stockholder meeting on June 20, 2025 to vote on a significant proposal regarding stock issuance below Net Asset Value (NAV).
The proposal, which was successfully approved, authorizes the company to:
- Issue shares below current NAV per share in one or more offerings
- Limited to 25% of outstanding common stock before each offering
- Subject to board approval and specific conditions
The voting results showed strong stockholder support with 43,666,863 votes in favor (87% approval) versus 4,445,822 against, with 1,962,475 abstentions. Excluding affiliated shares (3,029,209 shares), the proposal still maintained substantial support with 41,029,590 unaffiliated votes in favor. This approval gives TSLX increased flexibility in capital raising strategies, though potentially at the cost of NAV dilution for existing shareholders.