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The latest update is out from Blue Owl Capital Corporation III ( (OBDE) ).
On January 13, 2025, Blue Owl Capital Corporation completed its merger with Blue Owl Capital Corporation III, becoming the second largest publicly traded business development company (BDC) by total assets, now holding $18.6 billion in assets and investments in 232 portfolio companies. The merger enhances OBDC’s market position, increasing portfolio diversity and maintaining strong credit quality, with OBDC shareholders owning approximately 76% and former OBDE shareholders owning 24% of the combined entity.
More about Blue Owl Capital Corporation III
Blue Owl Capital Corporation (NYSE: OBDC) is a specialty finance company focusing on lending to U.S. middle-market companies. As of September 30, 2024, the company had investments in 219 portfolio companies valued at $13.4 billion. OBDC operates as a business development company under the Investment Company Act of 1940, managed by Blue Owl Credit Advisors LLC.
YTD Price Performance: -3.61%
Average Trading Volume: 339,624
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.74B
For a thorough assessment of OBDE stock, go to TipRanks’ Stock Analysis page.
