Sixth Street Specialty Lending Reports Q1 2025 Results

Sixth Street Specialty Lending, Inc. ( (TSLX) ) has released its Q1 earnings. Here is a breakdown of the information Sixth Street Specialty Lending, Inc. presented to its investors.

Sixth Street Specialty Lending, Inc. is a specialty finance company that focuses on lending to middle-market companies, primarily through direct originations of senior secured loans, and is regulated as a business development company.

In its first quarter of 2025, Sixth Street Specialty Lending reported a net investment income of $0.62 per share and a net income of $0.39 per share. The company declared a second-quarter base dividend of $0.46 per share and a first-quarter supplemental dividend of $0.06 per share.

Key financial metrics for the quarter included an annualized return on equity of 14.4% for net investment income and 9.2% for net income. The company reported a net asset value per share of $17.04, slightly down from the previous quarter. Investment activity showed new commitments of $154.4 million, with a focus on first-lien debt investments.

Looking ahead, the management remains focused on aligning its interest rate liabilities with its predominantly floating-rate investment portfolio, as evidenced by recent financial maneuvers such as issuing unsecured notes and amending its revolving credit facility.