Oaktree Specialty Lending Corp (OCSL) News & EventsOCSLOaktree Specialty Lending Corp

Oaktree Specialty Lending Net Asset Value Per Share Stable at $15.70

Net asset value per share was $15.70 as of June 30, 2026, compared with $15.69 as of March 31, 2026. We are pleased with the progress we made in reducing our non-accrual investments," said Armen Panossian, Chief Executive Officer and Co-Chief Investment Officer of Oaktree Specialty Lending. "Net asset value per share was stable relative to the prior quarter, and we maintained conservative leverage while continuing to selectively redeploy capital into credits that we believe offer attractive risk-adjusted returns."

Oaktree and IDF Invest $1.7B to Support Bloom Energy

Oaktree (OCSL) and Industrial Development Funding, or IDF, announced $1.7B in project investment as part of a broader commitment to support the deployment of Bloom Energy's (BE) fuel cell technology for the build-out of AI cloud infrastructure. Once complete, the project will provide dedicated behind-the-meter power, helping Nebius meet demand for the compute capacity underpinning its AI cloud platform. IDF is the lead developer of the Nebius project, with minority equity participation from Oaktree. The announcement expands collaboration between IDF and Bloom Energy that has enabled transactions and a diversified portfolio of over $2.6B in Bloom Energy projects.

Oaktree Specialty Lending Net Asset Value Per Share Drops to $15.69

Net asset value per share was $15.69 as of March 31, 2026, down as compared with $16.30 as of December 31, 2025. The decrease from December 31, 2025 was primarily driven by realized and unrealized depreciation on certain debt and equity investments during the quarter. "During the quarter, we continued to make progress on reducing non-accrual investments and selectively redeploying capital following investment exits, as we focus on overall portfolio quality," said Armen Panossian, Chief Executive Officer and Co-Chief Investment Officer of Oaktree Specialty Lending. "Our results reflect a moderation of investment income, driven by lower base rates and reduced fee activity, alongside some depreciation across certain investments, largely attributable to market-driven spread widening for software investments. We have maintained leverage at the low to mid-point of our target range, preserving liquidity to navigate market dislocation and selectively deploy capital into credits that offer attractive risk-adjusted returns. Due to our conservative use of leverage, we adjusted our cash dividend to $0.34 per share for the quarter ending June 30, 2026."