Blue Owl’s Tech Fund Is Raising Debt While its Shares Sink 21% Year-To-Date
Blue Owl Technology Financial has returned to the market for its third financing since June, marking a steady run of fundraising activity.
Blue Owl's tech fund is borrowing money from banks even though its stock price has dropped a lot this year. When a company keeps borrowing during tough times, it might mean they need cash to keep going, so watch whether they can still do well with all that debt.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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