Mergers & AcquisitionsBy The Online Investor Staff, updated Fri., Feb. 3, 10:59 AM
|This Slide: #78 of 100|
Slide #78. Oaktree Specialty Lending Corporation — Oaktree Strategic Income II, Inc.
Oaktree Specialty Lending Corporation (NASDAQ:OCSL)
Oaktree Strategic Income II, Inc.
Oaktree Specialty Lending Corporation (NASDAQ:OCSL) ("OCSL") and Oaktree Strategic Income II, Inc. ("OSI II") today announced that each company obtained stockholder approval of the proposals related to the previously announced two-step merger of the two companies (the "Merger") at their respective stockholder meetings held on January 20, 2023.
Oaktree Specialty Lending is a closed-end, externally managed, non-diversified management investment company. Co.'s investment objective is to generate existing income and capital appreciation by providing companies with financing solutions, including first and second lien loans, unsecured and mezzanine loans, bonds, preferred equity and certain equity co-investments. Co. may also seek to generate capital appreciation and income through secondary investments at discounts to par in either private or syndicated transactions. Co.'s portfolio may also include certain structured finance and other structures.
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Strong Buy (4.00 out of 4)