debt
confidence high
sentiment neutral
materiality 0.55
Blue Owl Capital completes $409.7M CLO refinancing, issues new notes and loans
Blue Owl Capital Corp
- Issued $93M AAA(sf) Class A-R Notes (B+1.39%), $44M AA(sf) Class B-R Notes (B+1.70%), and $135M Class A-L1 Loans (B+1.39%).
- Proceeds from $409.7M refinancing used to redeem in full March 2023 notes and pay expenses.
- New debt matures in April 2037; proceeds support general corporate purposes.
- Company holds $137.7M Preferred Shares; Adviser waived collateral management fees.
- Blue Owl Credit Advisors LLC serves as collateral manager under amended agreement.