Blue Owl Raises Stakes With Second $400 Million Bond Offering

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Blue Owl Capital (NYSE:OWL) has once again returned to the bond market with a second $400 million offering, nearly one month after completing its first debt sale.

The firm is selling five-year notes with “an initial price guidance of approximately 260 basis points over Treasuries,” Bloomberg reported.

The fund, called OBDC, is a specialty finance and business development company that provides direct lending solutions to U.S. middle-market companies, according to the company’s website.

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