09:56 AM EDT, 04/11/2024 (MT Newswires) -- Blue Owl Capital (OWL) said Thursday that its Blue Owl Finance indirect subsidiary plans to offer senior unsecured notes with a 10-year term.

The company said the notes will be backed by various entities within the Blue Owl Capital structure. The company plans to file a registration statement within a year for an exchange offer related to the notes, it said.

Blue Owl Capital intends to use the net proceeds to repay existing debt and for general corporate purposes.

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