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Added to YB: 2024-02-06

Pitch date: 2024-02-05

OCSL [bullish]

Oaktree Specialty Lending Corporation

-13.62%

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

$15.73

Price Target

N/A

Dividend

11.76%

EV/EBITDA

N/A

P/E

24.90

EV/Sales

7.73

Sector

Capital Markets

Category

dividend

Show full summary:
Oaktree Specialty Lending Is On Sale And I'm Buying (Rating Upgrade)

OCSL: Solid prospects; NII miss on non-accruals but growing income & portfolio. Competitive BDC w/ tax edge. TTM strong rev/EPS/FCF growth + high margins. Risks: defaults, rates. Future growth catalysts: higher rates, 1st lien exposure. Div payout, portfolio upside. Upgrade to Strong Buy.

Read full article (5 min)