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0 0 0 0 -0.0139599813866915 -0.00418799441600744 0.00348999534667284 -0.00116333178222439
Stock impact report

Blue Owl Technology Finance Corp. Completes Merger with Blue Owl Technology Finance Corp. II [Yahoo! Finance]

Blue Owl Capital Inc. Class A (OWL) 
Company Research Source: Yahoo! Finance
announced the closing of its merger with Blue Owl Technology Finance Corp. II ("OTF II"), with OTF as the surviving company. This merger establishes OTF as the largest software-focused BDC by total assets with over $12 billion of total assets at fair value and investments in 180 portfolio companies, on a pro forma combined basis as of December 31, 2024 Craig W. Packer , Chief Executive Officer of OTF said, "This merger creates the largest software lending BDC and represents a significant step in the evolution of the Blue Owl Credit platform. We would like to thank all of our shareholders for their support in the completion of this transaction. We look forward to leveraging the increased scale of the combined company to continue to deliver attractive risk-adjusted returns while enhancing our positioning for a potential liquidity event in the future." Erik Bissonnette , President of OTF commented, "We have delivered strong portfolio performance, excellent credit quality and attracti Show less Read more
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