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TPG Specialty Lending Prices $100 Mln of Unsecured Convertible Senior Notes

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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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