Sixth Street Lending Partners, Inc. Presentation to State of Connecticut
SIXTH STREET LENDING PARTNERS, INC. (SLX "2.0")
SLX "2.0" VALUE PROPOSITION
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Attacking a seam in the market between syndicated
loan market and traditional direct lending
We believe that retreating bank participation in the
syndicated loan market and growing borrower
interest in private financing solutions offer a vast
and diverse opportunity
We believe we are a best-in-class BDC manager with
a proven track record of generating excess returns
and value for investors
Six Street risk / reward framework, thematic
focus, deep fundamental underwriting, and sector
expertise aim to provide downside protection
Portfolio construction focused on targeting strong
risk-adjusted returns
Option value for investors in an IPO scenario
TARGETED PORTFOLIO CONSTRUCTION
≤ 50% LTV
SIXTH STREET HIGHLY CONFIDENTIAL
$200-500+
million
position
size
Predominantly,
floating rate, first
lien / senior
secured
8-9%
Target
ROA
Maintenance
and/or
incurrence
covenants
US and
European-based
borrowers
Call protection
and voting
control
Sixth Street's view of the current market environment as of the date appearing in this material only and there is no guarantee that such view or the assumptions or forecasts underlying such view will materialize as anticipated. There
can be no assurance that the Fund will achieve its investment objectives, be able to implement its investment strategy or avoid substantial losses. There can also be no assurance that the Fund will have access to similar investment
opportunities or be competitive in consummating investments.
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