Oaktree Specialty Lending Corporation announced its financial results for the fiscal quarter and year ended September 30, 2025.
Total investment income for the fourth fiscal quarter was $77.3 million ($0.88 per share) and $316.8 million ($3.68 per share) for the full year.
Net asset value per share was $16.64 as of September 30, 2025.
Financial Performance
Total investment income increased in the fourth fiscal quarter but decreased for the full year compared to the previous period.
Net Investment Income
GAAP net investment income increased in the fourth fiscal quarter driven by higher total investment income and lower interest expenses.
Debt and Equity
Total debt outstanding was $1,495.0 million as of September 30, 2025, with a total debt to equity ratio of 1.02x.
Liquidity
Liquidity as of September 30, 2025 included $79.6 million of unrestricted cash and $615 million of undrawn capacity under the Company's credit facility.
- Despite market challenges, Oaktree Specialty Lending Corporation showed progress in stabilizing its investment portfolio during the fourth quarter.
- The company's disciplined approach to capital deployment and underwriting in the face of uncertain market conditions is highlighted by the declared quarterly cash distribution.
Oaktree Specialty Lending Corporation's financial results reflect resilience and a cautious approach in the current market environment, as expressed by the CEO, Armen Panossian.