Filed pursuant to Rule 497(a)
Registration File No. 333-276252
Rule 482ad
Sixth Street
Specialty Lending, Inc. Prices Public Offering of
$300.0 million 5.625% Unsecured Notes due 2030
NEW YORK(BUSINESS WIRE)February 18, 2025Sixth Street Specialty Lending, Inc. (NYSE:TSLX) (TSLX or the Company)
announced today that it has priced an underwritten public offering of $300.0 million in aggregate principal amount of 5.625% notes due 2030. The notes will mature on August 15, 2030 and may be redeemed in whole or in part at TSLXs option
at any time at par plus a make-whole premium, if applicable.
TSLX expects to use the net proceeds of the offering to pay down outstanding
debt under its revolving credit facility. However, through re-borrowing under the revolving credit facility, TSLX intends to make new investments in accordance with its investment objectives and strategies
outlined in the preliminary prospectus supplement and the accompanying prospectus described below in greater detail.
In connection with the offering,
TSLX intends to enter into an interest rate swap to better align the interest rates of its liabilities with its investment portfolio, which consists of predominately floating rate loans.
BofA Securities, J.P. Morgan, SMBC Nikko and Wells Fargo Securities are acting as joint book-running managers for this offering. MUFG, Truist Securities,
HSBC, Mizuho, Morgan Stanley, Citigroup, Goldman Sachs & Co. LLC and RBC Capital Markets are also acting as book-running managers for this offering. ICBC Standard Bank, Keefe, Bruyette & Woods, A Stifel Company,
Oppenheimer & Co., Citizens Capital Markets, Raymond James, Ladenburg Thalmann, Comerica Securities and R. Seelaus & Co., LLC are acting as co-managers for this offering. The offering is
expected to close on February 25, 2025, subject to the satisfaction of customary closing conditions.
Investors are advised to carefully consider
the investment objectives, risks, charges and expenses of the Company before investing. The pricing term sheet dated February 18, 2025, the preliminary prospectus supplement dated February 18, 2025 and the accompanying prospectus dated
December 22, 2023, each of which have been or will be filed with the Securities and Exchange Commission (SEC), contain this and other information about the Company and should be read carefully before investing.
The information in the pricing term sheet, the preliminary prospectus supplement, the accompanying prospectus and this press release is not complete and
may be changed. The pricing term sheet, the preliminary prospectus supplement, the accompanying prospectus and this press release are not offers to sell any securities of TSLX and are not soliciting an offer to buy such securities in any state or
jurisdiction where such offer and sale is not permitted.
A shelf registration statement relating to these securities is on file with the SEC and
is effective. The offering may be made only by means of a preliminary prospectus supplement and an accompanying prospectus, copies of which may be obtained from BofA Securities, Inc.,
NC1-022-02-425, 201 North Tryon Street, Charlotte, NC 28255-0001, attn: Prospectus Department, email:
dg.prospectus_requests@bofa.com, telephone: 1-800-294-1322.