Sixth Street Specialty Lending cuts quarterly dividend after loss

5 articles · Updated · Bloomberg · May 5

The business development company lowered its payout to 42 cents a share from 46 cents on Tuesday as it released first-quarter results.
It said credit spread widening and declining valuations drove the quarterly loss and a fall in net asset value.
Sixth Street Specialty Lending is a private credit fund managed by Sixth Street Partners that makes direct loans.

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