NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an initial long-term Issuer Default Rating (IDR), a secured debt rating and an unsecured debt rating of 'BBB-' to TPG Specialty Lending, Inc. (TSLX). The Rating Outlook is Stable. KEY RATING DRIVERS - IDR and Senior Debt The ratings reflect the strength of TSLX's relationship with TPG Special Situations Partners, and TPG Global, LLC (TPG) and its affiliates, which provide enhanced access to deal flow and investment resources, a relatively lower risk profile than peer Business Development Companies (BDCs), strong asset quality, appropriate leverage, strong dividend coverage, limited interest rate sensitivity and solid liquidity. Fitch's...
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