Oaktree Specialty Lending Prices $300 Million of 7.000% Notes Due 2031
Oaktree Specialty Lending Corporation issued $300.0 million of 7.000% unsecured notes maturing September 16, 2031, and the transaction closed the same day. The company expects to use the net proceeds to reduce borrowings under its senior secured revolving credit facility and for general corporate purposes, which may include repaying 2.700% notes due 2027 at maturity.
Key points
- Notes: $300.0 million aggregate principal, 7.000% annual interest, paid semiannually on March 16 and September 16 starting March 16, 2027
- Maturity September 16, 2031; callable at a make-whole price (Treasury Rate plus 40 basis points) before August 16, 2031, and at par thereafter
- Holders may require repurchase at 100% of principal plus accrued interest upon a Change of Control Repurchase Event
- Offering made under shelf registration No. 333-292920; transaction closed September 16, 2026
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 16, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.