Oaktree Specialty Lending Corporation Prices Public

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LOS ANGELES, CA, May 11, 2021 (GLOBE NEWSWIRE) — Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced that it has priced an underwritten public offering of $350.0 million aggregate principal amount of 2.700% notes due 2027. The notes will mature on January 15, 2027 and may be redeemed in whole or in part at the Company’s option at any time at par plus a “make-whole” premium, if applicable.

Matt Pendo, President and Chief Operating Officer, said, “We are pleased to be expanding our financing sources with the pricing of this attractive, long-term debt. We believe this transaction represents an important milestone for us as we further strengthen our balance sheet and improve our funding flexibility following the recent closing of the merger with Oaktree Strategic Income Corporation.”

RBC Capital Markets, LLC, Citigroup Global Markets…

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