Blue Owl Fund Returns to Market With $400 Million Bond Offering

A Blue Owl Capital Inc. private credit fund returned to the bond market on Monday with a $400 million offering, about a month after completing another $400 million debt sale that helped ease worries over the fund’s ability to access capital.

Blue Owl Capital Corp. — known as OBDC — was selling the five-year notes on Monday with an initial price guidance of about 260 basis points over Treasuries, according to a person with knowledge of the matter who asked not to be identified.