debt
confidence high
sentiment neutral
materiality 0.60
BLUE OWL CAPITAL INC. (OWL): debt financing — Blue Owl Capital issues $750M of 6.250% Senior Notes due 2034
BLUE OWL CAPITAL INC.
- Issuer Blue Owl Finance LLC issued $750M aggregate principal 6.250% Senior Notes due April 18, 2034.
- Interest payable semi-annually on April 18 and October 18, starting October 18, 2024.
- Notes are unsecured and unsubordinated, guaranteed jointly and severally by multiple subsidiaries.
- Fifth Supplemental Indenture adds new guarantors for existing 3.125%, 4.125%, 4.375%, and 7.397% Senior Notes.
- Registration Rights Agreement obligates issuer to file exchange offer registration statement within 365 days.