Owl Rock Capital Corporation Announces Upcoming Name and Ticker Change to Blue Owl Capital Corporation

StreetInsider2023-06-23

NEW YORK, June 22, 2023 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE: ORCC, or the "Company") today announced that it will soon be changing its name, ticker, and website. The Company's board of ...

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The Company's board of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=21830775\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OWL","symbol_name":"Blue Owl Capital Inc.","start_time":0,"source_url":"https://www.streetinsider.com/dr/news.php?id=21830775","article_id":"2345079540","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2345079540","pubTimestamp":1687466580,"sourceInfo":{"source_id":"highlight_streetinsider","name":"StreetInsider"},"weMediaInfo":null,"summary":"NEW YORK, June 22, 2023 /PRNewswire/ -- Owl Rock Capital Corporation  today announced that it will soon be changing its name, ticker, and website. The Company's board of directors has already approved these changes and no shareholder vote is required.Specifically, the Company is taking the following actions, effective July 6, 2023:. Certain information contained herein may constitute \"forward-looking statements\" that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about the Company, its current and prospective portfolio investments, its industry, its beliefs and opinions, and its assumptions. 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The Company's board of directors has already approved these changes and no shareholder vote is required.\nSpecifically, the Company is taking the following actions, effective July 6, 2023:\nchanging its name to \"Blue Owl Capital Corporation\";updating its ticker symbol with the New York Stock Exchange from \"ORCC\" to \"OBDC\"; andchanging its website from www.owlrockcapitalcorporation.com to www.blueowlcapitalcorporation.com.Owl Rock Capital Corporation is managed by an investment adviser that is an indirect affiliate of Blue Owl Capital Inc. (NYSE: OWL) and this name change will not change the day-to-day business of the Company, but rather is part of a broader initiative to have one Blue Owl brand. In addition, the Company's adviser, Owl Rock Capital Advisors LLC intends to change its name to \"Blue Owl Credit Advisors LLC\", effective July 6, 2023. CUSIPs for the equity and unsecured notes of the Company will not change. Additionally, existing CLOs issued by special purpose vehicles of the Company will not be renamed.\nABOUT OWL ROCK CAPITAL CORPORATION\nOwl Rock Capital Corporation (the \"Company\") is a specialty finance company focused on lending to U.S. middle-market companies. As of March 31, 2023, the Company had investments in 187 portfolio companies with an aggregate fair value of $13.2 billion. The Company has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. The Company is externally managed by Owl Rock Capital Advisors LLC, an SEC-registered investment adviser that is an indirect affiliate of Blue Owl Capital Inc. (\"Blue Owl\") (NYSE: OWL) and part of Owl Rock, a division of Blue Owl. Owl Rock, together with its subsidiaries, is a New York-based direct lending platform with approximately $71.6 billion of assets under management as of March 31, 2023.\nCertain information contained herein may constitute \"forward-looking statements\" that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about the Company, its current and prospective portfolio investments, its industry, its beliefs and opinions, and its assumptions. 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The Company does not undertake any obligation to update or revise any forward-looking statements or any other information contained herein, except as required by applicable law.\nINVESTOR CONTACTS\nInvestor Contact:Dana Sclafani212-419-3000[email protected]\nMedia Contact:Prosek PartnersJosh Clarkson[email protected]\n View original content:https://www.prnewswire.com/news-releases/owl-rock-capital-corporation-announces-upcoming-name-and-ticker-change-to-blue-owl-capital-corporation-301858580.html\nSOURCE Owl Rock Capital Corporation","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2345079540"}