TPG Specialty Lending, Inc. (NYSE:TSLX) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 – Entry into a Material Definitive Agreement
On December 22, 2016, TPG Specialty Lending, Inc. (the “Company”) entered into a fifth amendment to the Company’s second amended and restated senior secured revolving credit facility, dated February 27, 2014 (as amended, the “Revolving Credit Facility”), (a) increasing the aggregate commitments under the Revolving Credit Facility from $821.3 million to $945.0 million and (b) with respect to $885.0 million in commitments, (i) extending the stated maturity date from October 2, 2020 to December 22, 2021 and (ii) extending the commitment termination date from October 2, 2019 to December 22, 2020.
The foregoing description is only a summary of certain of the provisions of the Revolving Credit Facility and is qualified in its entirety by the underlying agreement, which will be filed as an exhibit to the Company’s next Annual Report on Form 10-K.
Item 2.03 – Creation of a Direct Financial Obligation
The information set forth under Item 1.01 above is incorporated by reference into this Item 2.03.
About TPG Specialty Lending, Inc. (NYSE:TSLX)
TPG Specialty Lending, Inc. (TSL) is an externally managed, closed-end, non-diversified management investment company. The Company is a specialty finance company focused on lending to middle-market companies. It seeks to generate current income primarily in the United States domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine loans and investments in corporate bonds and equity securities. It is engaged in direct equity investments, sale of loans and debt and equity securities, and loan origination. The companies in which TSL invests use its capital to support organic growth, acquisitions, market or product expansion and recapitalizations. Its portfolio is invested in over 20 different industries, including healthcare, pharmaceuticals, manufacturing, retail and consumer products, electronics, hotel, gaming and leisure, and financial services. TSL is managed by TSL Advisers, LLC (the Adviser). TPG Specialty Lending, Inc. (NYSE:TSLX) Recent Trading Information
TPG Specialty Lending, Inc. (NYSE:TSLX) closed its last trading session down -0.05 at 18.94 with 169,673 shares trading hands.