Oaktree Specialty Lending Corp issued $300.0 million in aggregate principal amount of 7.000% Notes due September 16, 2031, closing on that date under a Ninth Supplemental Indenture with Deutsche Bank Trust Company Americas as trustee. The unsecured notes bear interest payable semiannually on March 16 and September 16, commencing March 16, 2027. Proceeds will reduce outstanding debt under the senior secured revolving credit facility and fund general corporate purposes, including potential reborrowing for investments or repayment of maturing 2.700% notes due 2027. The company operates in the business development and specialty lending industry.

Oaktree Specialty Lending Corporation entered into an underwriting agreement on September 9, 2026, to issue and sell $300.0 million aggregate principal amount of its 7.000% Notes due 2031. The closing is expected on September 16, 2026, subject to customary conditions. Net proceeds are estimated at $296.5 million after deducting a $2.6 million underwriting discount and approximately $0.8 million in offering expenses. This debt issuance allows the company to raise capital for its investment portfolio. Oaktree Specialty Lending Corporation operates as a business development company that provides financing solutions primarily to middle-market companies.

Oaktree Specialty Lending Corporation reported third fiscal quarter 2026 financial results for the period ended June 30, 2026. GAAP net investment income was $32.5 million ($0.37 per share), down from $34.4 million in the prior quarter, driven by lower total investment income and higher incentive fees. Net asset value per share remained stable at $15.70. The company originated $206.4 million in new investments with a 10.0% weighted average yield and reduced non-accrual investments to 1.8% of the debt portfolio. Total debt outstanding was $1,451.0 million, resulting in a total debt-to-equity ratio of 1.05x. The Board declared quarterly and supplemental cash distributions of $0.30 per share and $0.03 per share, respectively, payable on September 30, 2026 to stockholders of record on September 15, 2026. Oaktree Specialty Lending Corporation is a business development company that provides customized credit solutions, including senior secured loans and equity investments, to middle-market companies.