Ropes & Gray represented the initial purchasers on Sixth Street Lending Partners’ offering of $600 million in aggregate principal amount of 5.750% notes due 2030. The investment grade 144A bond offering priced on Sept. 9 and was announced in a press release. Sixth Street Lending Partners expects to use the net proceeds to pay down outstanding debt under its revolving credit facility and/or its subscription facility.

Sixth Street Lending Partners is a specialty finance company focused on lending to upper middle-market companies.

The team was led by capital markets partner Paul Tropp.