Rajib Chanda~~Steven Grigoriou~~Jonathan Pacheco~~Andrew Jones~~Katharine Thompson~~Russell Light~~Caroline Phillips~~Jiha Min
January 24, 2026
Sixth Street Lending Partners Completes $600 Million Notes Offering

1 min
AI-made summary
- Simpson Thacher advised Sixth Street Lending Partners in the issuance of $600 million in 6.500% Notes due 2029, with the transaction closing on March 11, 2024
- The Fund plans to use the net proceeds to reduce its outstanding debt
- Sixth Street Lending Partners is a non-diversified, closed-end management investment company regulated as a business development company, with approximately $3.1 billion in investments at fair value as of December 31, 2023.
Simpson Thacher represented Sixth Street Lending Partners (the “Fund”) in its offering of $600.0 million aggregate principal amount of its 6.500% Notes due 2029. The Fund intends to use the net proceeds from the offering to pay down a portion of the Fund’s outstanding indebtedness. The transaction closed on March 11, 2024.~~The Fund 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. The Fund had approximately $3.1 billion of investments at fair value as of December 31, 2023. The Fund’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 the Fund’s investment adviser.~~The Simpson Thacher team included Rajib Chanda, Steven Grigoriou, Jonathan Pacheco, Matthew Mai, Andrew Jones and Earl Quermorllue (Registered Funds); Katharine Thompson (Capital Markets); and Russell Light, Caroline Phillips and Jiha Min (Tax).
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Rajib Chanda~~Steven Grigoriou~~Jonathan Pacheco~~Andrew Jones~~Katharine Thompson~~Russell Light~~Caroline Phillips~~Jiha Min
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