Downgrades Buy Neutral X

TSLX Sixth Street Specialty Lending

Ladenburg Thalmann

Upgrades Neutral Buy X

TSLX Sixth Street Specialty Lending

Ladenburg Thalmann

Downgrades Buy Neutral X

TSLX Sixth Street Specialty Lending

B. Riley Securities

$22

Initiated Buy X

TSLX Sixth Street Specialty Lending

B. Riley Securities

$21

Downgrades Buy Neutral X

TSLX Sixth Street Specialty Lending

Ladenburg Thalmann

Initiated Outperform X

TSLX Sixth Street Specialty Lending

Oppenheimer

$23

Upgrades Mkt Perform Outperform X

TSLX TPG Specialty Lending

Wells Fargo

$20.50 $21

Downgrades Outperform Mkt Perform X

TSLX TPG Specialty Lending

Wells Fargo

$21 $20.50

Reiterated Buy X

TSLX TPG Specialty Lending

BofA/Merrill

$20 $22

Upgrades Neutral Overweight X

TSLX TPG Specialty Lending

JP Morgan

Upgrades Neutral Buy X

TSLX TPG Specialty Lending

Ladenburg Thalmann

TSLX  TPG Specialty Lending, Inc.

TPG Specialty Lending, Inc. is an externally managed, closed-end, non-diversified management investment company. The Company is a specialty finance company focused on lending to middle-market companies. It seeks to generate current income primarily in the United States-domiciled middle-market companies through direct originations of senior secured loans and originations of mezzanine and unsecured loans and investments in corporate bonds and equity securities. The Company invests in first-lien debt, second-lien debt, mezzanine and unsecured debt and equity and other investments. Its first-lien debt may include standalone first-lien loans; last out first-lien loans; unitranche loans and secured corporate bonds. Its second-lien debt may include secured loans and secured corporate bonds, with a secondary priority behind first-lien debt. As of December 31, 2016, the Company's portfolio was invested across 19 different industries. The Company's investment advisor is TSL Advisers, LLC.