Oaktree Specialty Lending reports Q3 adjusted NII 38c, consensus 45c

NAV per share was $16.76 as of June 30, up vs. $16.75 as of March 31. “During the quarter, we further diversified our portfolio and amended and extended our credit facility on more favorable terms,” stated CEO Armen Panossian. “While we made progress in positioning our portfolio for long-term success, certain non-cash items impacted net investment income this quarter. Looking to the back half of the year, we remain focused on leveraging the Oaktree platform to source attractive investment opportunities in companies we believe are well-positioned to perform over the long term.”