Sixth Street Specialty Lending, Inc. (NYSE: TSLX) is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), unsecured loans, mezzanine debt, and investments in corporate bonds and equity securities and structured products, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing. The fund invests in business services, software & technology, healthcare, energy, consumer & retail, manufacturing, industrials, royalty related businesses, education, and specialty finance. The fund seeks to finance and lending to middle market companies principally located in the United States. The fund invests in companies with enterprise value between $50 million and $1 billion or more and EBITDA between $10 million and $250 million. The transaction size is between $15 million and $350 million. The fund invests across the spectrum of the capital structure and can arrange syndicated transactions of up to $500 million and hold sizeable positions within its credits.
Resilient Performance | Sixth Street Specialty Lending showcases robust financial health with a 3.09 score, maintaining double-digit returns despite market shifts |
Strategic Shift | Delve into TSLX's pivot towards non-sponsored transactions, yielding higher returns and demonstrating adaptability in complex lending scenarios |
Risk Management | Explore TSLX's credit quality maintenance, with non-accrual investments at 1.9% of portfolio value, reflecting strong risk mitigation strategies |
Analyst Outlook | Price targets range from $22.50 to $24, with analysts maintaining positive ratings, underscoring confidence in TSLX's market position and growth potential |
Metrics to compare | TSLX | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipTSLXPeersSector | |
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P/E Ratio | 0.0x | 0.0x | 9.6x | |
PEG Ratio | 0.00 | 0.00 | 0.03 | |
Price/Book | 0.0x | 0.0x | 1.0x | |
Price / LTM Sales | 0.0x | 0.0x | 2.9x | |
Upside (Analyst Target) | 0.0% | −1.4% | 11.2% | |
Fair Value Upside | Unlock | 0.0% | 1.9% | Unlock |