Blue Owl Capital prices $750 million in senior notes due 2036

Blue Owl Capital Inc. has announced the pricing of a $750 million offering of 6.750% senior notes due in 2036. The notes will be issued by its indirect subsidiary, Blue Owl Finance LLC.

The offering is fully and unconditionally guaranteed by various Blue Owl affiliates. The company intends to use the net proceeds from this issuance to repay a portion of its outstanding borrowings under its existing revolving credit facility.

BofA Securities, Inc., Goldman Sachs & Co. LLC, and Morgan Stanley & Co. LLC served as the joint book-running managers for the transaction. The sale is subject to customary closing conditions and is being conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission.