08:12 AM EDT, 03/12/2026 (MT Newswires) -- Blue Owl Capital (OWL) said its recent $1.4 billion loan sale from three funds was completed on standard market terms, with no backstops, hidden incentives, or special treatment for buyers, Bloomberg reported Thursday.
In a private investor call, Co-President Craig Packer emphasized that the four institutional buyers, including Kuvare and three pension funds, purchased loans on an arm's-length basis at equal prices without any guarantees, according to the report.
The sale, covering loans from 128 companies at 99.7 cents on the dollar, is intended to return capital to investors in Blue Owl Capital Corp II and to pay down debt in the other funds, Bloomberg added.
Shares of Blue Owl Capital were down 3.2% in premarket activity on Thursday.
Blue Owl Capital did not immediately respond to MT Newswires' request for comment.
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