M&A
confidence high
sentiment positive
materiality 0.75
Blue Owl Technology Finance Corp. and OTF II shareholders approve merger; expected close March 24
Blue Owl Technology Finance Corp.
- Shareholders of OTF and OTF II voted nearly 100% in favor of all merger-related proposals.
- Merger expected to close on or around March 24, 2025, subject to customary closing conditions.
- Combined company will be the largest software-focused BDC by total assets; expected to be accretive to NII.
- OTF shareholders also approved the Second Articles of Amendment and Restatement (123.9M for, 0.9M against).