Name | Value |
---|---|
Revenues | 109.0M |
Cost of Revenue | 21.8M |
Gross Profit | 87.2M |
Operating Expense | 59.2M |
Operating I/L | 94.8M |
Other Income/Expense | -52.0M |
Interest Income | 112.0M |
Pretax | 42.8M |
Income Tax Expense | 2.2M |
Net Income/Loss | 40.7M |
Sixth Street Specialty Lending, Inc. (NYSE: TSLX) is a business development company that provides senior secured loans, unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities. It focuses on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing. The fund targets middle market companies in various sectors such as business services, software & technology, healthcare, energy, consumer & retail, manufacturing, industrials, royalty related businesses, education, and specialty finance. It invests in companies with enterprise value between $50 million and $1 billion or more and EBITDA between $10 million and $250 million, with transaction sizes ranging from $15 million to $350 million.