Blue Owl Capital has raised $500m through an investment-grade bond issuance linked to one of its private credit vehicles, according to a report by Bloomberg.
The transaction comes after the firm earlier this year placed limits on investor redemptions at one of its funds following elevated withdrawal requests, highlighting growing liquidity pressures across parts of the private credit market.
The bond offering, issued via Blue Owl Credit Income Corp, was priced as five-year notes at a spread of 2...
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