Oaktree Specialty Lending Corp
For the period ended Dec 31, 2023. Filed Feb 1, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 1, 2024
Contents
Cover page
Show cover page
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 10-Q
(Mark One)
| þ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) |
For the quarterly period ended December 31, 2023
OR
| o | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) |
COMMISSION FILE NUMBER:1-33901
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
| Delaware(State or jurisdiction ofincorporation or organization) | 26-1219283(I.R.S. EmployerIdentification No.) |
|---|---|
| 333 South Grand Avenue, 28th FloorLos Angeles, CA(Address of principal executive office) | 90071(Zip Code) |
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE:
(213)830-6300
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
| Title of Each Class | Trading Symbol(s) | Name of Each Exchangeon Which Registered |
|---|---|---|
| Common Stock, par value $0.01 per share | OCSL | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No ¨
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes þ No ¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.
| Large accelerated filer þ | Accelerated filer ¨ | Non-accelerated filer ¨ | Smaller reporting company ☐ |
|---|---|---|---|
| Emerging growth company ☐ | If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ¨ | ||
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act) Yes¨ Noþ
The registrant had 78,965,350 shares of common stock outstanding as of January 30, 2024.
FORM 10-Q FOR THE QUARTER ENDED DECEMBER 31, 2023
TABLE OF CONTENTS
| PART I — FINANCIAL INFORMATION | |||
|---|---|---|---|
| Item 1. | Consolidated Financial Statements: | ||
| Consolidated Statements of Assets and Liabilities as of December 31, 2023 (unaudited) and September 30, 2023 | 2 | ||
| Consolidated Statements of Operations (unaudited) for the three months ended December 31, 2023 and 2022 | 3 | ||
| Consolidated Statements of Changes in Net Assets (unaudited) for the three months ended December 31, 2023 and 2022 | 4 | ||
| Consolidated Statements of Cash Flows (unaudited) for the three months ended December 31, 2023 and 2022 | 5 | ||
| Consolidated Schedule of Investments (unaudited) as of December 31, 2023 | 6 | ||
| Consolidated Schedule of Investments as of September 30, 2023 | 16 | ||
| Notes to Consolidated Financial Statements (unaudited) | 25 | ||
| Item 2. | Management's Discussion and Analysis of Financial Condition and Results of Operations | 77 | |
| Item 3. | Quantitative and Qualitative Disclosures about Market Risk | 95 | |
| Item 4. | Controls and Procedures | 97 | |
| PART II — OTHER INFORMATION | |||
| Item 1. | Legal Proceedings | 97 | |
| Item 1A. | Risk Factors | 97 | |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 97 | |
| Item 3. | Defaults Upon Senior Securities | 97 | |
| Item 4. | Mine Safety Disclosures | 97 | |
| Item 5. | Other Information | 97 | |
| Item 6. | Exhibits | 98 | |
| Signatures | 99 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.