Oaktree Strategic Income Corporation Announces Cessation of Executive Officers and Directors
March 19, 2021 at 09:06 am EDT
On March 19, 2021, Oaktree Specialty Lending Corporation, (“OCSL”), completed its previously announced acquisition of Oaktree Strategic Income Corporation (“OCSI”), pursuant to that certain Agreement and Plan of Merger (the “Merger Agreement”), dated as of October 28, 2020, by and among OCSI, OCSL, Lion Merger Sub Inc., (“Merger Sub”), and, solely for the limited purposes, Oaktree Fund Advisors, LLC, investment adviser to each of OCSI and OCSL. Pursuant to the terms of the Merger Agreement, as of the effective time of the Merger, (i) each of the named executive officers and directors of OCSI ceased to be named executive officers and directors of OCSI and (ii) the director and officers of Merger Sub as of immediately prior to the effective time of the Merger became the directors and officers of OCSI.