NEW
YORK, June 22, 2023 /PRNewswire/ -- Owl
Rock, a division of Blue Owl Capital Inc. (NYSE: OWL) today
announced certain name and website changes to the Owl
Rock BDCs (as listed in the chart below) that will become
effective on July 6, 2023. The boards
of directors of each of the Owl Rock BDCs has already approved
these changes and no shareholder vote is required.
Each of the Owl Rock BDCs is managed by an investment adviser
that is an indirect affiliate of Blue Owl Capital Inc. and these
name changes will not change the day-to-day businesses of each of
the Owl Rock BDCs, but rather are part of a broader initiative to
have one Blue Owl brand.
Old
Name
|
New
Name
|
New
Website
|
Owl Rock Capital
Corporation
|
Blue Owl Capital
Corporation
|
www.blueowlcapitalcorporation.com
|
Owl Rock Capital
Corporation II
|
Blue Owl Capital
Corporation II
|
www.blueowlproducts.com
|
Owl Rock Capital
Corporation III
|
Blue Owl Capital
Corporation III
|
www.blueowlproducts.com
|
Owl Rock Core Income
Corp.
|
Blue Owl Credit Income
Corp.
|
www.ocic.com
|
Owl Rock Technology
Finance Corp.
|
Blue Owl Technology
Finance Corp.
|
www.blueowlproducts.com
|
Owl Rock Technology
Finance Corp. II
|
Blue Owl Technology
Finance Corp. II
|
www.blueowlproducts.com
|
Owl Rock Technology
Income Corp.
|
Blue Owl Technology
Income Corp.
|
www.otic.com
|
Additionally, also on July 6,
2023, the newly renamed Blue Owl Capital Corporation
(formerly Owl Rock Capital Corporation) will begin trading under a
new ticker symbol "OBDC". CUSIPs for the equity and unsecured notes
of each of the Owl Rock BDCs will not change. Additionally,
existing CLOs issued by special purpose vehicles of each of the Owl
Rock BDCs will not be renamed.
In addition, the following name changes for the investment
advisers of the Owl Rock BDCs will be effective July 6, 2023:
- Owl Rock Capital Advisors LLC, the investment adviser to Owl
Rock Capital Corporation, Owl Rock Capital Corporation II and Owl
Rock Core Income Corp., intends to change its name to "Blue Owl
Credit Advisors LLC";
- Owl Rock Diversified Advisors LLC, the investment adviser to
Owl Rock Capital Corporation III intends to change its name to
"Blue Owl Diversified Credit Advisors LLC";
- Owl Rock Technology Advisors LLC, the investment adviser to Owl
Rock Technology Finance Corp. intends to change its name to "Blue
Owl Technology Credit Advisors LLC"; and
- Owl Rock Technology Advisors II LLC, the investment adviser to
Owl Rock Technology Finance Corp. II and Owl Rock Technology Income
Corp. intends to change its name to "Blue Owl Technology Credit
Advisors II LLC".
ABOUT OWL ROCK
Owl Rock, a division of Blue Owl Capital Inc. (NYSE: OWL), is a
direct lending platform, which together with its subsidiaries, has
approximately $71.6 billion of
assets under management as of March 31, 2023. The platform
provides multiple investment funds with management services,
including public and private business development companies and
other products. The Owl Rock BDCs include Owl Rock Capital
Corporation, Owl Rock Capital Corporation II, Owl Rock Capital
Corporation III, Owl Rock Technology Finance Corp., Owl Rock
Technology Finance Corp. II, Owl Rock Core Income Corp. and Owl
Rock Technology Income Corp. Owl Rock employs teams of seasoned
investment professionals with significant and diverse experience
from some of the world's leading investment firms and financial
institutions. Owl Rock's platform embodies a relationship-oriented
approach to investing seeking to provide companies with sizeable
commitments to facilitate transactions and support their growth
needs with certainty, speed and transparency throughout the entire
investment process. For more information, please visit
www.owlrockbdcs.com.
Certain information contained herein may constitute
"forward-looking statements" that involve substantial risks and
uncertainties. Such statements involve known and unknown risks,
uncertainties and other factors and undue reliance should not be
placed thereon. These forward-looking statements are not historical
facts, but rather are based on current expectations, estimates and
projections about the Company, its current and prospective
portfolio investments, its industry, its beliefs and opinions, and
its assumptions. Words such as "anticipates," "expects," "intends,"
"plans," "will," "may," "continue," "believes," "seeks,"
"estimates," "would," "could," "should," "targets," "projects,"
"outlook," "potential," "predicts" and variations of these words
and similar expressions are intended to identify forward-looking
statements. These statements are not guarantees of future
performance and are subject to risks, uncertainties and other
factors, some of which are beyond the Company's control and
difficult to predict and could cause actual results to differ
materially from those expressed or forecasted in the
forward-looking statements including, without limitation, the
risks, uncertainties and other factors identified in the Company's
filings with the SEC. Investors should not place undue reliance on
these forward-looking statements, which apply only as of the date
on which the Company makes them. The Company does not undertake any
obligation to update or revise any forward-looking statements or
any other information contained herein, except as required by
applicable law.
INVESTOR CONTACTS
Investor Contact:
Dana
Sclafani
212-419-3000
owlrockir@blueowl.com
Media Contact:
Prosek Partners
Josh Clarkson
pro-blueowl@prosek.com
View original
content:https://www.prnewswire.com/news-releases/owl-rock-bdcs-announce-upcoming-name-and-website-changes-301858579.html
SOURCE Owl Rock