Sixth Street lifts revolver to $1.49 billion, extends commitments

By Taylor Fox

New York, Feb. 5 – Sixth Street Specialty Lending, Inc. increased its revolving credit facility to $1,485,000,000 from $1,335,000,000, according to a news release.

Sixth Street also extended the maturity date of $1.39 billion of commitments by over one year, to Feb. 4, 2026.

The accordion feature, which would allow the company to upsize the facility, was also increased to allow for a maximum of $2 billion, up from $1.75 billion.

The facility includes a total of 20 bank participants, led by Truist Securities, Inc., JPMorgan Chase Bank, NA and MUFG Union Bank, NA as joint lead arrangers.

Sixth Street Specialty Lending is the direct credit investment platform of the global investment firm TPG Specialty Lending, Inc., which is based in Fort Worth.

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