Oaktree Specialty Lending Corp (OQ:OCSL)

Sector:  Financials Industry:  Closed End Funds
 
See Regulatory Filings on SEC
Company Contact
Address: 333 S Grand Ave Fl 28
LOS ANGELES CA 90071-1504
Tel: 61-212-2841900
Website: https://www.oaktreespecialtylending.com
IR: See website
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Key People
John B. Frank
Chairman of the Board
Mathew M. Pendo
President
Armen Panossian
Chief Executive Officer, Chief Investment Officer
Christopher J. McKown
Chief Financial Officer, Treasurer
Matthew Stewart
Chief Operating Officer
Ashley Pak
Chief Compliance Officer
Business Overview
Oaktree Specialty Lending Corporation is a specialty finance company. The Company provide customized, one-stop credit solutions to companies with limited access to public or syndicated capital markets. The Company's investment objective is to generate current income and capital appreciation by providing companies with flexible and financing solutions, including first and second lien loans, unsecured and mezzanine loans, bonds, preferred equity and certain equity co-investments. The Company may also seek to generate capital appreciation and income through secondary investments at discounts to par in either private or syndicated transactions. Its portfolio of investments includes application software, multi-sector holdings, data processing and outsourced services, pharmaceuticals, biotechnology, health care services, specialized finance, personal products, and more. The Company is externally managed by Oaktree Fund Advisors, LLC (Oaktree).
Financial Overview
For the three months ended 31 December 2023, Oaktree Specialty Lending Corp revenues increased 24% to $98M. Net income decreased 20% to $10.5M. Revenues reflect Interest income Non-control/Non-affiliat increase of 29% to $82.7M, Interest on cash and cash equivalents increase from $472K to $2.4M, Control investments- interest Income increase of 31% to $6M. Net income was offset by Interest expense increase of 55% to $32.2M (expense).
Reporting Currency: U.S. Dollars
Enterprise value: $3,064M as of Dec 31, 2023
Annual revenue (TTM): $398.09M as of Dec 31, 2023
EBITDA (TTM): $309.17M as of Dec 31, 2023
Net annual income (TTM): $114.69M as of Dec 31, 2023
Free cash flow (TTM): $169.52M as of Dec 31, 2023
Net Debt Last Fiscal Year: $1,510M as of Dec 31, 2023
Shares outstanding: 78,965,350 as of Jan 30, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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