Rajib Chanda~~Steven Grigoriou~~Jonathan Pacheco~~Andrew Jones~~Katharine Thompson~~Russell Light~~Caroline Phillips
January 24, 2026
Sixth Street Lending Partners Completes $150 Million Notes Offering

1 min
AI-made summary
- Simpson Thacher advised Sixth Street Lending Partners (SSLP) in its $150 million offering of 6.5% Notes due 2029, which are part of the same series as $600 million of notes issued in March 2024
- SSLP plans to use the net proceeds to reduce outstanding debt
- The transaction closed on June 17, 2024
- SSLP is a business development company with $4.4 billion in investments as of March 31, 2024.
Simpson Thacher represented Sixth Street Lending Partners (“SSLP”) in its offering of $150,000,000 aggregate principal amount of its 6.5% Notes due 2029. The Notes are a further issuance of, and form a single series with, the previously issued $600,000,000 aggregate principal amount of 6.5% notes due 2029 on March 11, 2024. SSLP intends to use the net proceeds from the offering to pay down a portion of its outstanding indebtedness. The transaction closed on June 17, 2024.~~SSLP is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. SSLP had approximately $4.4 billion of investments at fair value as of March 31, 2024. SSLP’s investment objective is to generate current income by targeting investments with favorable risk-adjusted returns.~~Sixth Street Lending Partners Advisers, LLC, an affiliate of Sixth Street Partners, is SSLP’s investment adviser.~~The Simpson Thacher team included Rajib Chanda, Steven Grigoriou, Jonathan Pacheco, Andrew Jones and Earl Quermorllue (Registered Funds); Katharine Thompson (Capital Markets); and Russell Light, Caroline Phillips and Zev Klein (Tax).
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Rajib Chanda~~Steven Grigoriou~~Jonathan Pacheco~~Andrew Jones~~Katharine Thompson~~Russell Light~~Caroline Phillips
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