06:20 AM EDT, 04/15/2026 (MT Newswires) -- Pacific Investment Management said it bought the entire $400 million bond issuance from Blue Owl Capital's (OWL) business development company, signaling confidence in a volatile private credit market, Bloomberg reported Wednesday.

The Blue Owl Capital bonds yield 6.5% and mature in Sept. 2028, amid multi-year-high spreads tied to concerns over lending standards, liquidity, and AI risks to software exposure, according to the report.

Blue Owl Capital did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)