S&P rates Sixth Street notes BBB-

S&P said it assigned its BBB- debt rating to Sixth Street Specialty Lending Inc.'s planned $350 million of senior unsecured notes due 2029.

The rating is in line with the agency’s ratings on Sixth Street’s outstanding senior unsecured notes.

Sixth Street expects to use the proceeds to repay borrowings under the revolving credit facility, which had $758 million outstanding as of Sept. 30.

The outlook is stable.

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