Blue Owl Capital Corporation III
New York Stock ExchangeCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- IPO Date
- Jan 25, 2024
- CIK
- 0001807427
- Similar Companies
- Business
- Blue Owl Capital Corporation III (NYSE: OBDE) operates as a specialty finance company and business development company that focuses on providing direct lending solutions to U.S. middle-market companies with revenues between USD 50 million and USD 2.5 billion and EBITDA ranging from USD 10 million to USD 250 million; its investment portfolio primarily comprises senior secured loans, senior unsecured loans, subordinated loans, mezzanine loans, and to a lesser extent, equity and equity-related securities such as warrants, preferred stock, and similar senior equity instruments across diverse sectors including healthcare providers, food and beverage, professional services, chemicals, and fund finance. The company, founded in 2021 and headquartered in New York, New York, maintains a portfolio of investments in approximately 188-189 companies with an aggregate fair value of around USD 4.0 billion to USD 4.15 billion as of late 2024, predominantly first-lien senior secured loans that emphasize top-of-the-capital-structure positioning for risk-adjusted returns. In January 2025, Blue Owl Capital Corporation III completed a merger with Blue Owl Capital Corporation (NYSE: OBDC), under which OBDC served as the surviving entity, creating the second-largest publicly traded business development company with pro forma total assets of USD 18.6 billion and investments in 232 portfolio companies as of September 30, 2024; prior to the merger closing on January 13, 2025, OBDE declared a special dividend of USD 0.52 per share and secured over 97% shareholder approval, while its advisor reimbursed USD 4.25 million in merger-related fees.
INVESTIGATION NOTICE: Girard Sharp Law Firm Encourages Former Investors of Blue Owl Capital Corp. III (NYSE: OBDE) Who Received Shares of Blue Owl Capital Corp. (NYSE: OBDC), and Former Investors of Blue Owl Technology Finance Corp. II Who Received Shares of Blue Owl Technology Finance Corp. (NYSE: OTF), to Contact the Firm
INVESTIGATION NOTICE: Girard Sharp Law Firm Encourages Former Investors of Blue Owl Capital Corp. III (NYSE: OBDE) Who Received Shares of Blue Owl Capital Corp. (NYSE: OBDC), and Former Investors of Blue Owl Technology Finance Corp. II Who Received Shares of Blue Owl Technology Finance Corp. (NYSE: OTF), to Contact the Firm
OBDC's Merger With OBDE Creates An Opportunity Yielding Over 10% (Rating Upgrade)
How To Invest $1 Million For Sustainable Retirement Passive Income
Blue Owl Capital Corporation and Blue Owl Capital Corporation III Announce Shareholder Approvals of Merger
Blue Owl Capital Corporation III Declares Special Dividend of $0.52 Per Share
I'm Putting +9% Yields Under My Income Tree
BDC Weekly Review: BDCs Have Overcome The August Dip
BLUE OWL CAPITAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Blue Owl Capital Corporation III - OBDE
BDC Weekly Review: Tax-Loss Season Is Approaching
Blue Owl Capital Corporation III Reports Third Quarter Net Investment Income Per Share of $0.41 and Net Asset Value Per Share of $15.49
BDC Weekly Review: PSEC Doubles Down On Its Strategy
BDC Weekly Review: PIK Is At Record High
Blue Owl Capital Corporation III Schedules Earnings Release and Quarterly Earnings Call to Discuss its Third Quarter Ended September 30, 2024 Financial Results
Dividend Cut Alert: Bad News For BDCs
BDC Weekly Review: Q2 Wrap-Up
Why We Are Adding BDCs To Our Income Portfolios Right Now
Buy Alert: 3 Undervalued 10% Yields For August 2024
BDC Weekly Review: Yield Myopia Ignores The Right Metrics
STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Blue Owl Capital Corporation III - OBDE