Blue Owl Capital prices $750M of 6.750% senior notes due 2036 to repay credit facility

Filed August 13, 2026 · ~2 min read

Key Changes

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  Blue Owl Finance LLC (a subsidiary) is issuing $750 million of 6.750% senior notes due August 2036, guaranteed by Blue Owl Capital Inc. and certain holding-company subsidiaries. Net proceeds of approximately $735.8 million will repay borrowings under the company's revolving credit facility.

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  The notes are structurally subordinated to creditors of Blue Owl's operating subsidiaries, which generated substantially all of the company's revenue as of June 30, 2026. The guarantors are holding companies with no operations; the issuer is a finance subsidiary with no business other than issuing debt.

  Risk Factors verify on EDGAR →
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  The indenture contains no financial covenants and does not limit Blue Owl or its subsidiaries from incurring additional debt. The company can issue unlimited additional notes of the same series at any time without noteholder consent.

  Risk Factors verify on EDGAR →