Welcome to our dedicated page for Blue Owl Capital news (Ticker: OBDC), a resource for investors and traders seeking the latest updates and insights on Blue Owl Capital stock.
Blue Owl Capital Corporation (NYSE: OBDC) is a leading business development company (BDC) specializing in direct lending solutions for U.S. middle-market businesses. This page provides investors and financial professionals with a centralized source for all official press releases, earnings reports, and strategic updates from the company.
Stay informed about OBDC's latest developments, including senior secured loan issuances, portfolio performance updates, and regulatory filings. Our curated news collection ensures timely access to critical information on capital deployment strategies, risk management practices, and dividend announcements.
Key content categories include quarterly earnings disclosures, partnership formations with middle-market firms, credit facility expansions, and management commentary on market trends. All materials are sourced directly from company filings and authorized communications to maintain compliance with financial reporting standards.
Bookmark this page for streamlined tracking of Blue Owl Capital's activities in middle-market finance. Regular updates provide insights into the company's disciplined approach to generating risk-adjusted returns through structured credit solutions while prioritizing capital preservation.
Vantage Mobility, a leading wheelchair accessible vehicle (WAV) manufacturer, has appointed Daryl Adams as Chief Executive Officer. Adams brings over 35 years of automotive industry leadership experience to the role.
Adams most recently served as President and CEO of The Shyft Group (NASDAQ: SHYF), where he doubled company earnings and led new product development. His previous roles include CEO of Midway Products Group and Vice President of Global Engineering and R&D at Lear He is also the Founder and President of Ripple Effect Leadership.
Vantage Mobility, based in Phoenix, specializes in manufacturing WAVs built on Toyota, Honda, and Stellantis chassis. The company has received Toyota's Gold Certificate for Quality for the past 2+ years and employs Six Sigma techniques in its manufacturing processes.
Blue Owl Capital (NYSE: OBDC) has announced it will release its first quarter 2025 financial results on Wednesday, May 7, 2025, after market close. The company will host a webcast/conference call on Thursday, May 8, 2025, at 10:00 a.m. Eastern Time to discuss the results.
The conference call will be accessible through the Events section of OBDC's website and via telephone. Domestic callers can dial (877) 737-7048, while international participants can call +1 (201) 689-8523. An archived replay will be available on the company's website for one year and via telephone for 14 days using access code 13751858.
Skylight, a family-focused technology company, has secured a $50 million loan through an expanded partnership with SG Credit Partners and new partner Wingspire Capital. The company, which achieved 99% year-over-year revenue growth, will use the financing to support inventory purchases and product development.
The loan facility represents an expansion from a previous $20 million facility provided by SG Credit Partners. Skylight currently connects over 9.3 million users through its products, including the Skylight Calendar and Skylight Frame. The company recently restocked its popular 27" Cal Max smart family calendar and is developing new features including an AI-powered family assistant and rewards system for 2025.
According to Skylight's Mental Load Report, household management consumes over 30 hours weekly, which the company aims to minimize through its innovative solutions.
Blue Owl Capital (OBDC) reported its Q4 and full-year 2024 results, achieving a Q4 net investment income of $0.47 per share and NAV of $15.26. The company declared total Q4 dividends of $0.42 per share, representing an 11.0% annualized dividend yield. New investment commitments for Q4 totaled $1.7 billion, with $1.6 billion in sales and repayments.
OBDC completed its merger with OBDE on January 13, 2025, becoming the second-largest externally-managed, publicly traded BDC with over $18 billion in total assets. The company plans to implement a $750 million ATM program. As of December 31, 2024, OBDC had investments in 227 portfolio companies across 30 industries, with a total portfolio value of $13.2 billion.
For the full year 2024, investment income increased to $1.60 billion from $1.58 billion in 2023, while total expenses rose to $844.1 million from $815.7 million. The company maintained strong liquidity with $505.7 million in cash and restricted cash, and $7.6 billion in total principal value of debt outstanding.
Blue Owl Capital (NYSE: OBDC) has announced it will release its financial results for the fourth quarter and fiscal year ended December 31, 2024 on Wednesday, February 19, 2025, after market close. The company will host a webcast and conference call on Thursday, February 20, 2025, at 10:00 a.m. Eastern Time to discuss these results.
The conference call will be accessible via webcast on OBDC's website and through dial-in numbers for both domestic (877-737-7048) and international (+1-201-689-8523) participants. A replay will be available through the website for one year and via dial-in for 14 days using access code 13750520.
Blue Owl Capital (NYSE: OBDC) has released preliminary Q4 2024 financial results and announced the completion of its merger with Blue Owl Capital III (OBDE) on January 13, 2025. The combined entity shows strong financial metrics with total assets of $18.3 billion and total net assets of $7.8 billion.
Key Q4 2024 metrics for OBDC include total investment income per share of $1.01, net investment income per share of $0.47, and a return on equity of 12.3%. The pro forma portfolio consists of 236 portfolio companies with a focus on first lien senior secured debt investments (77.9%). The portfolio shows strong diversification across industries, with internet software and services (11.1%), insurance (8.3%), and food and beverage (6.8%) being the top sectors.
The merger is expected to enhance liquidity, achieve lower financing costs, and generate operational efficiencies. The combined entity maintains a healthy portfolio quality with only 0.3% of investments on non-accrual status.
Blue Owl Capital (NYSE: OBDC) has completed its merger with Blue Owl Capital III (OBDE), creating the second largest publicly traded BDC by total assets. The combined entity, operating as OBDC, now manages $18.6 billion in total assets and investments across 232 portfolio companies as of September 30, 2024.
In the merger transaction, OBDE shareholders received 0.9779 shares of OBDC common stock for each OBDE share, plus cash for fractional shares. The post-merger ownership structure comprises approximately 76% legacy OBDC shareholders and 24% former OBDE shareholders. Blue Owl Credit Advisors , OBDC's adviser, has committed to reimburse $4.25 million in merger-related fees and expenses.
Blue Owl Capital (OBDC) and Blue Owl Capital III (OBDE) have secured shareholder approval for their proposed merger, with overwhelming support receiving over 97% and nearly 100% of votes in favor, respectively. The merger is expected to close around January 13, 2025, pending customary closing conditions.
CEO Craig W. Packer emphasized that this merger will create a more diversified BDC with enhanced scale and strong credit quality. Prior to the merger completion, OBDE will distribute a special dividend of $0.52 per share on January 9, 2025, and a quarterly dividend of $0.35 per share on January 10, 2025, to shareholders of record as of December 31, 2024. The special dividend covers OBDE's estimated remaining undistributed taxable income at merger closing.
Wingspire Equipment Finance has provided $10 million in equipment financing to a global agricultural manufacturing company to modernize its flagship Canadian facility. The funding, structured as a Capital Lease, will support the replacement of aging equipment with state-of-the-art technologies to enhance manufacturing capabilities and reduce downtime.
The recipient is a private equity-backed company specializing in high-precision components and parts for agricultural soil preparation, serving OEM and aftermarket channels across North America, Europe, and Latin America. The company also maintains a strong portfolio in agriculture, construction, and gardening tools.
Blue Owl Capital III (NYSE: OBDE) has declared a special dividend of $0.52 per share, payable by January 31, 2025, to shareholders of record as of December 31, 2024. The dividend payment timing is linked to the proposed merger with Blue Owl Capital (NYSE: OBDC), expected to close after the shareholder meetings scheduled for January 8, 2025. The special dividend represents OBDE's estimated remaining undistributed taxable income at merger closing and includes any unpaid special dividends previously declared during OBDE's January 2024 listing.
