Sixth Street Specialty Lending, Inc. filed a Form 8-K with the SEC on November 10, 2026, disclosing that it entered into equity distribution agreements on November 9, 2026 with five sales agents to offer and sell up to $100,000,000 of its common stock through an at-the-market program.

Key Highlights

  • Program size: The company may issue and sell shares of common stock having an aggregate offering price of up to $100,000,000.
  • Five sales agents: RBC Capital Markets, LLC; Truist Securities, Inc.; Citizens JMP Securities, LLC; Keefe, Bruyette & Woods, Inc.; and Raymond James & Associates, Inc. were named as Sales Agents.
  • Commission rate: Sales Agents will receive a commission of up to 1.5% of the gross sales price of any shares sold through them under the agreements.
  • NAV floor: The offering price per share less sales agent commissions or discounts will not be less than the NAV per share of common stock at the time of any sale under the ATM Program.
  • Registration statement: Sales will be made pursuant to a shelf registration statement on Form N-2 (File No. 333-299942) filed with the SEC on November 9, 2026.
  • Use of proceeds: The company disclosed it intends to use net proceeds for general corporate purposes, which may include investing in accordance with its investment objectives and strategies, and repaying indebtedness subject to reborrowing.
  • No obligation to sell: According to the filing, the company has no obligation to sell any common stock under the agreements and may at any time suspend the offering.

Sixth Street Specialty Lending's At-the-Market Equity Program Details

Sixth Street Specialty Lending, Inc. (NYSE:TSLX), a Delaware corporation headquartered in Dallas, Texas, disclosed on November 9, 2026 that it entered into five separate equity distribution agreements with RBC Capital Markets, LLC; Truist Securities, Inc.; Citizens JMP Securities, LLC; Keefe, Bruyette & Woods, Inc.; and Raymond James & Associates, Inc. Under the agreements, the company may from time to time issue and sell shares of its common stock, par value $0.01 per share, with an aggregate offering price of up to $100,000,000, through the Sales Agents or to them as principal for their own accounts.

According to the filing, sales may be made in negotiated transactions or transactions deemed to be an "at-the-market offering" as defined in Rule 415(a)(4) under the Securities Act of 1933, including sales directly on or through the New York Stock Exchange, sales to or through a market maker other than on an exchange, sales through electronic communications networks, or privately negotiated transactions including distributions or block trades. The Sales Agents are entitled to a commission of up to 1.5% of the gross sales price of shares sold through them. The filing further states that the offering price per share less applicable commissions or discounts will not fall below the NAV per share at the time of sale.

The company disclosed that any issuance and sale of common stock will be made pursuant to a prospectus supplement dated November 9, 2026 and a base prospectus of the same date, both forming part of the shelf registration statement on Form N-2 (File No. 333-299942). The filing notes that "actual sales will depend on a variety of factors to be determined by the Company from time to time, including, among others, market conditions, the trading price of the Common Stock and determinations by the Company of its need for, and the appropriate sources of, additional capital." The Form 8-K was signed by Ian Simmonds, Chief Financial Officer, on November 9, 2026.

What Was Disclosed

Sixth Street Specialty Lending, Inc. reported entry into five equity distribution agreements establishing an at-the-market offering program of up to $100,000,000 in common stock, with a sales agent commission cap of 1.5% and a NAV-per-share price floor, effective November 9, 2026.