Added to YB: 2024-02-06
Pitch date: 2024-02-05
OCSL [bullish]
Oaktree Specialty Lending Corporation
-13.62%
current return
Author Info
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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
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.
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