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Blue Owl Capital Corporation Celebrates the Five-Year Anniversary of Wingspire Capital

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Blue Owl Capital (NYSE: OBDC) celebrates the five-year anniversary of its investment in Wingspire Capital, a premier asset-backed direct lender. Since its launch in fall 2019, Wingspire has closed over $4.5 billion in financing commitments across its two business units: Wingspire Equipment Finance and Wingspire Corporate Finance.

OBDC plans to continue supporting Wingspire's growth through organic expansion, acquisitions, and new product offerings. Wingspire specializes in providing flexible financing solutions for middle-market businesses with bank-adjacent credit profiles. The company recently completed its inaugural equipment finance asset-backed securitization, WEF 2024-1, marking a significant milestone in the industry.

Wingspire Capital currently has over $1 billion in assets under management and offers senior secured credit facilities of up to $200 million. The company serves various industries, including automotive, business services, healthcare, and technology applications.

Blue Owl Capital (NYSE: OBDC) celebra il quinto anniversario del suo investimento in Wingspire Capital, un fornitore di prestiti diretti di alta qualità garantiti da attivi. Dalla sua fondazione nell'autunno del 2019, Wingspire ha chiuso oltre $4,5 miliardi in impegni di finanziamento attraverso le sue due unità operative: Wingspire Equipment Finance e Wingspire Corporate Finance.

OBDC prevede di continuare a supportare la crescita di Wingspire attraverso un'espansione organica, acquisizioni e nuove offerte di prodotti. Wingspire si specializza nel fornire soluzioni di finanziamento flessibili per le aziende di medie dimensioni con profili di credito simili a quelli bancari. Recentemente, la società ha completato la sua prima cartolarizzazione di attivi garantiti da finanziamenti per attrezzature, WEF 2024-1, segnando un traguardo significativo nel settore.

Wingspire Capital attualmente gestisce oltre $1 miliardo in attivi e offre linee di credito garantite senior fino a $200 milioni. L'azienda serve vari settori, tra cui automotive, servizi aziendali, sanità e applicazioni tecnologiche.

Blue Owl Capital (NYSE: OBDC) celebra el quinto aniversario de su inversión en Wingspire Capital, un prestamista directo de primer nivel respaldado por activos. Desde su lanzamiento en otoño de 2019, Wingspire ha cerrado más de $4.5 mil millones en compromisos de financiamiento a través de sus dos unidades de negocio: Wingspire Equipment Finance y Wingspire Corporate Finance.

OBDC planea seguir apoyando el crecimiento de Wingspire a través de expansión orgánica, adquisiciones y nuevas ofertas de productos. Wingspire se especializa en proporcionar soluciones de financiamiento flexibles para empresas de mercado medio con perfiles de crédito adyacentes a los bancarios. Recientemente, la empresa completó su primera titulización de activos respaldados por financiamiento de equipos, WEF 2024-1, marcando un hito significativo en la industria.

Wingspire Capital actualmente tiene más de $1 mil millones en activos bajo gestión y ofrece facilidades de crédito senior garantizadas de hasta $200 millones. La empresa atiende a diversas industrias, incluyendo automotriz, servicios empresariales, atención médica y aplicaciones tecnológicas.

블루 아울 캐피탈 (NYSE: OBDC)은 자산 기반의 직접 대출 기관인 윙스파이어 캐피탈에 대한 투자 5주년 기념일을 축하합니다. 2019년 가을에 출시된 이후, 윙스파이어는 윙스파이어 장비 금융과 윙스파이어 기업 금융의 두 사업 부문에서 45억 달러 이상에 달하는 자금 조달 약정을 체결했습니다.

OBDC는 유기적 성장, 인수 및 새로운 제품을 통해 윙스파이어의 성장을 계속 지원할 계획입니다. 윙스파이어는 은행과 유사한 신용 프로필을 가진 중소기업에 유연한 금융 솔루션을 제공하는 데 특화되어 있습니다. 이 회사는 최근 첫 번째 장비 금융 자산 담보 증권화(WEF 2024-1)를 완료하여 업계에서 중요한 이정표를 세웠습니다.

윙스파이어 캐피탈은 현재 10억 달러 이상의 자산을 관리하고 있으며 최대 2억 달러의 선순위 담보 신용 시설을 제공합니다. 이 회사는 자동차, 비즈니스 서비스, 헬스케어 및 기술 응용 분야를 포함한 다양한 산업에 서비스를 제공합니다.

Blue Owl Capital (NYSE: OBDC) célèbre le cinquième anniversaire de son investissement dans Wingspire Capital, un prêteur direct de premier plan adossé à des actifs. Depuis son lancement à l'automne 2019, Wingspire a conclu plus de 4,5 milliards de dollars de financements à travers ses deux unités commerciales : Wingspire Equipment Finance et Wingspire Corporate Finance.

OBDC prévoit de continuer à soutenir la croissance de Wingspire par le biais d'une expansion organique, d'acquisitions et de nouvelles offres de produits. Wingspire se spécialise dans la fourniture de solutions de financement flexibles pour les entreprises de taille intermédiaire avec des profils de crédit proches de ceux des banques. Récemment, l'entreprise a complété sa première titrisation d'actifs adossés à des équipements, WEF 2024-1, marquant une étape significative dans l'industrie.

Wingspire Capital gère actuellement plus de 1 milliard de dollars d'actifs et propose des facilités de crédit senior sécurisées allant jusqu'à 200 millions de dollars. L'entreprise sert divers secteurs, notamment l'automobile, les services aux entreprises, la santé et les applications technologiques.

Blue Owl Capital (NYSE: OBDC) feiert den fünften Jahrestag seiner Investition in Wingspire Capital, einem erstklassigen kredit gebenden Unternehmen mit Vermögensbesicherung. Seit seiner Gründung im Herbst 2019 hat Wingspire über 4,5 Milliarden US-Dollar an Finanzierungszusagen in seinen beiden Geschäftsbereichen: Wingspire Equipment Finance und Wingspire Corporate Finance abgeschlossen.

OBDC plant, das Wachstum von Wingspire weiterhin durch organisches Wachstum, Akquisitionen und neue Produktangebote zu unterstützen. Wingspire hat sich darauf spezialisiert, flexible Finanzierungslösungen für mittelständische Unternehmen mit banknahen Kreditprofilen anzubieten. Das Unternehmen hat kürzlich seine erste absolute Vermögensbesicherung für Equipment Finance - WEF 2024-1 - abgeschlossen, was einen bedeutenden Meilenstein in der Branche darstellt.

Wingspire Capital verwaltet derzeit Vermögenswerte von über 1 Milliarde US-Dollar und bietet gesicherte Senior-Kreditfazilitäten von bis zu 200 Millionen US-Dollar an. Das Unternehmen bedient verschiedene Branchen, darunter Automobil, Unternehmensdienstleistungen, Gesundheitswesen und Technologieanwendungen.

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  • Over $4.5 billion in financing commitments across Wingspire Equipment Finance and Wingspire Corporate Finance

NEW YORK, Oct. 22, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) announced the five-year anniversary of its investment in Wingspire Capital ("Wingspire"), a premier asset-backed direct lender that operates two business units, Wingspire Equipment Finance and Wingspire Corporate Finance.

Blue Owl Capital Corporation launched Wingspire in the fall of 2019 and has increased its support steadily since then. Since inception, Wingspire has closed over $4.5 billion in financing commitments. Blue Owl Capital Corporation is keen to continue supporting both Wingspire Equipment Finance and Wingspire Corporate Finance through a combination of organic growth, acquisitions, and new product offerings. Blue Owl Capital Corporation was an early leader in the growing trend of private credit firms venturing into asset-backed lending, answering the increasing demand for flexible financing solutions in the marketplace.

Wingspire has made its mark as a provider of a range of specialized financing solutions, primarily focusing on the needs of middle-market businesses for bank-adjacent credit profiles that require swift access to capital. Wingspire Equipment Finance exemplifies this by providing tailored financing solutions designed to meet the needs of companies relying on specific equipment to execute their operations effectively.

Craig W. Packer, CEO of Blue Owl Capital Corporation, said: "Our continued support of Wingspire is a testament to the firm's world-class management team and their exceptional work in equipment financing and asset-based lending. Over the past five years, Wingspire has grown profitably and developed into a well-respected brand. We were especially pleased with the successful completion of its inaugural equipment finance asset-backed securitization (ABS), WEF 2024-1, which represented the first inaugural large-ticket equipment ABS to receive ratings from a major rating agency."

David Wisen, CEO of Wingspire Capital, said: "As the private credit market continues to evolve, the demand for flexible, timely capital solutions will grow. The support of Blue Owl Capital Corporation enables us to enhance our offerings and respond to our clients' unique needs more effectively."

"With the continued support of Blue Owl Capital Corporation, we are set to scale our operations and offer our clients access to capital in a way that is both efficient and effective," said Eric Freeman, the CEO of Wingspire Equipment Finance. "Our expertise in equipment finance combined with OBDC's extensive resources position us to remain a leader in this space."

ABOUT WINGSPIRE CAPITAL

Wingspire Capital provides senior secured credit facilities of up to $200 million, and currently has over $1 billion in assets under management. It operates as two divisions: Wingspire Corporate Finance, which provides senior secured revolving lines of credit and term loans, and Wingspire Equipment Finance, which provides standalone equipment loans and leases.

Industries financed include automotive, business services, consumer products, distribution, e-commerce & retail, financial services, food & beverage, healthcare, industrial, transportation & logistics, and technology applications.

Wingspire Capital is a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC). OBDC is externally managed by Blue Owl Credit Advisors LLC, an indirect affiliate of Blue Owl Capital, Inc. (NYSE: OWL). Blue Owl Capital, Inc. is a global alternative asset manager with over $192 billion of assets under management as of June 30, 2024. For further information about Wingspire Capital, visit www.wingspirecapital.com.

 

Cision View original content:https://www.prnewswire.com/news-releases/blue-owl-capital-corporation-celebrates-the-five-year-anniversary-of-wingspire-capital-302283040.html

SOURCE Wingspire Capital

FAQ

What is the significance of Wingspire Capital's five-year anniversary for Blue Owl Capital (OBDC)?

The five-year anniversary marks OBDC's successful investment in Wingspire Capital, which has grown to close over $4.5 billion in financing commitments since its launch in 2019. This milestone demonstrates OBDC's leadership in the trend of private credit firms entering asset-backed lending.

How much has Wingspire Capital (OBDC's portfolio company) closed in financing commitments since its inception?

Wingspire Capital has closed over $4.5 billion in financing commitments since its inception in the fall of 2019.

What was significant about Wingspire Equipment Finance's recent securitization (WEF 2024-1)?

WEF 2024-1 was Wingspire's inaugural equipment finance asset-backed securitization and the first inaugural large-ticket equipment ABS to receive ratings from a major rating agency, marking a significant milestone for the company.

What types of financing solutions does Wingspire Capital (OBDC's portfolio company) offer?

Wingspire Capital offers senior secured credit facilities of up to $200 million, including revolving lines of credit, term loans, and equipment loans and leases through its two divisions: Wingspire Corporate Finance and Wingspire Equipment Finance.

How much assets under management does Wingspire Capital (OBDC's portfolio company) currently have?

Wingspire Capital currently has over $1 billion in assets under management.

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