8-K 1 d57604d8k.htm 8-K 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 23, 2021

 

 

Sixth Street Specialty Lending, Inc.

(Exact name of registrant as specified in charter)

 

 

 

Delaware   001-36364   27-3380000

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

2100 McKinney Avenue, Suite 1500

Dallas, TX

  75201
(Address of Principal Executive Offices)   (zip code)

Registrant’s telephone number, including area code: (469) 621-3001

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Stock, par value $0.01 per share   TSLX   The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


Item 8.01 – Other Events

On February 23, 2021, Sixth Street Specialty Lending, Inc. (the “Company”) issued 4,000,000 shares (the “Shares”) of the Company’s common stock, par value $0.01 per share (“Common Stock”), pursuant to an Underwriting Agreement, dated February 18, 2021 (the “Underwriting Agreement”), among the Company, Street Specialty Lending Advisers, LLC (the “Adviser”) and Morgan Stanley & Co. LLC, as representative of the several underwriters named on Schedule 1 thereto (collectively, the “Underwriters”). In addition, under the terms of the Underwriting Agreement, the Company granted the Underwriters an option to purchase an additional 600,000 shares of Common Stock, exercisable for 30 days from the date of the Underwriting Agreement.

The Shares were purchased by the Underwriters from the Company at a price of $21.30 per share, resulting in net proceeds to the Company of approximately $84.8 million, after deducting estimated offering expenses.

The Shares were offered and sold pursuant to the Registration Statement on Form N-2 (File No. 333-231271) and a prospectus supplement and accompanying prospectus, dated February 18, 2021, filed with the Securities and Exchange Commission.

The foregoing description of the Underwriting Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Underwriting Agreement, filed as Exhibit 1.1 hereto and incorporated by reference herein.

Item 9.01 – Financial Statements and Exhibits

 

(d)    Exhibits:

 

Exhibit

Number

  

Description

  1.1    Underwriting Agreement, dated February 18, 2021, by and among the Company, the Adviser and the Morgan Stanley  & Co. LLC as representative of the several underwriters named in Schedule 1 thereto.
  5.1    Opinion of Cleary Gottlieb Steen & Hamilton LLP
23.1    Consent of Cleary Gottlieb Steen & Hamilton LLP (included as part of Exhibit 5.1)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

   

SIXTH STREET SPECIALTY LENDING, INC.

(Registrant)

Date: February 23, 2021     By:  

/s/ Ian Simmonds

      Ian Simmonds
      Chief Financial Officer