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Oaktree Specialty Lending Corp., 5.875% Senior Notes due 10/30/2024
Ticker Symbol: OSLE* CUSIP: 67401P207 Previous CUSIP: 31679B209 Exchange: NYSE
* NOTE: This security is no longer trading as of 3/02/2020
Security has been Called for: Monday, March 2, 2020
Jan. 31, 2020 -- Oaktree Specialty Lending Corporation today announced that it will redeem its 5.875% Notes due 2024 (NYSE:OSLE). The Company will redeem 100%, or $75,000,000 aggregate principal amount, of the issued and outstanding Notes on March 2, 2020, following which they will be delisted from the New York Stock Exchange. The redemption price per Note will be $25 plus accrued and unpaid interest to, but not including, the Redemption Date. The Notes should be presented and surrendered by mail or by hand at DB Services Americas, Inc., MS: JCK01-0218, 5022 Gate Parkway, Suite 200, Jacksonville, FL 32256. ____________ Oct. 17, 2017 -- Oaktree Specialty Lending Corporation (NASDAQ:OCSL), a specialty finance company, today announced that Oaktree Capital Management, L.P. ("Oaktree") has been appointed as the Company's new investment adviser. In connection with the appointment, the Company's name was changed from Fifth Street Finance Corp. (NASDAQ:FSC) to Oaktree Specialty Lending Corporation, and the common stock now trades on NASDAQ under the new ticker symbol "OCSL." Company changes effective today include the following:
Oaktree Specialty Lending's 5.875% senior unsecured notes that mature in October 2024 are listed and trade on the New York Stock Exchange under the new ticker symbol "OSLE."
Oaktree Specialty Lending's 6.125% senior unsecured notes that mature in April 2028 are listed and trade on NASDAQ under the new ticker symbol "OCSLL."
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QUANTUMONLINE.COM SECURITY DESCRIPTION: Oaktree Specialty Lending Corp., formerly the Fifth Street Finance Corp., 5.875% Senior Notes due 2024, issued in $25 denominations, redeemable at the issuer's option on or after 10/30/2017 at $25 per share plus accrued and unpaid interest, and maturing 10/30/2024. Interest distributions of 5.875% per annum ($1.46875 per annum or $0.3671875 per quarter) will be paid quarterly on 1/30, 4/30, 7/30 & 10/30 to holders of record on the record date that will be 1/15, 4/15, 7/15 & 10/15 respectively (NOTE: the ex-dividend date is one business day prior to the record date). Distributions paid by these debt securities are interest and as such are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. Units are expected to trade flat, which means accrued interest will be reflected in the trading price and the purchasers will not pay and the sellers will not receive any accrued and unpaid interest. The Notes are unsecured and unsubordinated obligations of the company and will rank equally with all existing and future unsecured and unsubordinated indebtedness of the company. See the IPO prospectus for further information on the debt securities by clicking on the ‘Link to IPO Prospectus’ provided below.
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Go to Parent Company's Record (OCSL)
IPO - 10/12/2012 - 3.00 Million Notes @ $25.00 /note.
Link to IPO Prospectus
Previous Ticker Symbol: FSCE Changed: 10/17/2017
Previous Name: Fifth Street Finance Corp., 5.875% Senior Notes due 10/30/2024 Changed: 10/17/2017
Market Value $75.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 333 South Grand Ave., 28th Floor, Los Angeles, CA 90071 |
| Main Phone Number |
213-830-6300 |
| Fax Number |
Not Available |
| Investor Relations
Michael Mosticchio
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212-284-1900
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| CEO - Leonard M. Tannenbaum |
CFO - Steven M. Noreika |
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