Blue Owl Capital gains on report PIMCO in $400 mln bond deal

Blue Owl Capital

16/04/2026 12:43

** Alternative asset manager Blue Owl Capital OWL.N shares rise 1.3% to $10.1 premarket

** U.S. bond giant Pimco purchased all $400 million of bonds issued by OWL's business development company, reported Bloomberg News on Tuesday

** Bonds maturing in Sep 2028 and priced to yield 6.5% sold by Blue Owl Capital Corp OBDC.N - Report

** Issuer Blue Owl Capital Corp OBDC.N up 0.3% to $11.7

** Reports says bonds rated Baa2 by Moody's Ratings, BBB- by S&P Global Ratings, and BBB by Fitch Ratings

** Deal comes at a time when spreads on debt linked to major funds have widened due to jitters in the private credit market

** YTD, as of last close, OWL down 33.6% YTD, OBDC down 6.4%

 (Reporting by Utkarsh Tushar Hathi)

 ((utkarshtushar.hathi@thomsonreuters.com))