Blue Owl Technology's $800M Financing Run Puts Dividend Coverage In Focus
The Print Blue Owl Technology Finance Corp. (NYSE:OTF) closed a $150 million private placement of 7.60% senior unsecured notes due September 3, 2032, on September 4. The deal was the company’s third financing since
Blue Owl borrowed $800 million across multiple deals to pay investors regular money (called dividends). When a company borrows a lot, people watch to make sure it still makes enough money to keep paying those dividends without running out of cash.
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