Professional
Added to YB: 2024-10-14
Pitch date: 2024-10-09
OCSL [bullish]
Oaktree Specialty Lending Corporation
-5.99%
current return
Author Info
No bio for this author
Company Info
Oaktree Specialty Lending Corporation is a business development company. The fund specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, preferred equity, and management buyouts in small and mid-sized companies.
Market Cap
$1.2B
Pitch Price
$14.46
Price Target
N/A
Dividend
11.76%
EV/EBITDA
N/A
P/E
24.90
EV/Sales
7.73
Sector
Capital Markets
Category
dividend
Alphyn Capital Management Portfolio Holding: Oaktree Specialty Lending Corporation
OCSL: Challenging Q w/ 3 non-accrual adds. Pluralsight 50% write-down, AT Holdings & Dialyze PIK/warrant issues. Oaktree platform aids recovery. Declining rates threaten NIM. $3.2M fee waiver supports dividend. 13%+ yield, mostly first lien. Mgmt committed to shareholder value despite headwinds.
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