TPG Specialty Lending ( TSLX ) said Friday that it has agreed to sell $100 million aggregate principal amount of its 4.50% convertible senior notes due 2022 to initial purchasers in a private offering.
The externally managed, closed-end, non-diversified management investment company said it has granted the initial purchasers an option to purchase up to an additional $15 million aggregate principal amount of the convertible senior notes to cover over-allotments, if any.
The closing of the transaction is subject to customary closing conditions and the convertible senior notes are expected to be delivered and paid for on Feb. 1.
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