debt
confidence high
sentiment neutral
materiality 0.60
Blue Owl Capital closes $500M of 6.200% notes due 2030; proceeds to repay revolver
Blue Owl Capital Corp
- Issued $500M aggregate principal of 6.200% notes maturing July 15, 2030.
- Net proceeds will pay down existing indebtedness, including senior secured revolver (commitments maturing 2027/2029).
- Notes redeemable at treasury rate +40 bps before June 15, 2030; at par thereafter.
- Notes are direct, unsecured general obligations of Blue Owl Capital Corporation.
- Transaction closed May 15, 2025; underwriters led by Wells Fargo, Morgan Stanley, MUFG, RBC, SMBC.