Financing ·
Blue Owl Capital prices $750 million of 6.75% senior notes due 2036
OWLBlue Owl Capital Inc.
Blue Owl Capital Inc. announced the pricing of a $750 million offering of 6.750% Senior Notes due 2036 by its indirect subsidiary, Blue Owl Finance LLC. The notes are fully and unconditionally guaranteed on a joint and several basis by Blue Owl Capital Inc. and multiple affiliates. Net proceeds will be used to repay outstanding borrowings under the company's revolving credit facility. BofA Securities, Goldman Sachs & Co. LLC, and Morgan Stanley & Co. LLC served as joint book-running managers. The offering is subject to customary closing conditions. Blue Owl Capital Inc. operates in the asset management industry, providing private capital solutions across Credit, Real Assets, and GP Strategic Capital platforms.