Sixth Street Specialty Lending, Inc

CIK 0001508655

Sixth Street Specialty Lending, Inc. is a non-traded business development company. With $3.4 billion in total assets, it is a mid-sized fund in the coverage universe. The portfolio is concentrated in direct lending, with 92% in first-lien senior secured loans and 88% in floating-rate debt by fair value, at a weighted-average spread of 648 bps over the base rate. Its largest sector exposure is Information Technology (22% of holdings).

NAV/Share

$17.16

AUM

$3.4B

Positions

216

Strategy

Private Credit

Wtd. Avg. Coupon

10.1%

Wtd. Avg. Spread

6 bps

Wtd. Avg. Maturity

3.9 yrs

93% coverage

Top 10 Concentration

20.6%

PIK in Terms

12.9%

Instrument type

Share of portfolio fair value

First Lien

92%

of fair value

First Lien92.5%

Second Lien0.9%

Structured2.1%

Equity3.9%

Other0.6%

Industry exposure

Share of holdings fair value

Top 5

97%

of holdings

Information Technology22.2%

Industrials9.9%

Consumer Discretionary9.3%

Health Care5.4%

Other1.6%

Materials0.7%

Financials0.5%

Unknown50.5%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.