Sixth Street Lending Partners entered into a Fifth Supplemental Indenture on September 21, 2026, with U.S. Bank Trust Company, National Association, to issue $750,000,000 in aggregate principal amount of 6.500% notes due 2031. The transaction closed on the same day, September 21, 2026.
The notes are direct unsecured obligations of the company and bear interest at a rate of 6.500% per year. Interest payments are scheduled to be made semiannually on June 15 and December 15 of each year, beginning on December 15, 2026. The notes will mature on December 15, 2031, and may be redeemed in whole or in part at the company’s option at redemption prices set forth in the indenture.
The offering was made to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. The notes have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption.
The company intends to use the net proceeds from this offering to pay down a portion of outstanding indebtedness on its revolving credit facility and/or subscription facility, as well as for general corporate purposes.
In connection with the issuance, Sixth Street Lending Partners entered into a Registration Rights Agreement with BofA Securities, Inc., as representative of the initial purchasers. Under this agreement, the company is obligated to file a registration statement with the SEC to allow for an exchange of the notes for registered notes with substantially identical terms. The company must use commercially reasonable efforts to complete this exchange offer within 365 days of the initial issuance. If the exchange is not possible, the company must file a shelf registration statement covering the resale of the notes. Failure to satisfy these registration obligations by specified dates will result in the company being required to pay additional interest to the holders.
