Name | Value |
---|---|
Revenues | 64.0M |
Cost of Revenue | 21.9M |
Gross Profit | 42.1M |
Operating Expense | 10.6M |
Operating I/L | 74.0M |
Other Income/Expense | -18.5M |
Interest Income | 93.1M |
Pretax | 53.4M |
Income Tax Expense | 0.4M |
Net Income/Loss | 53.0M |
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.