Blue Owl Capital Corporation Celebrates the Five-Year Anniversary of Wingspire Capital

PR Newswire2024-10-22

Over $4.5 billion in financing commitments across Wingspire Equipment Finance and Wingspire Corporate Finance NEW YORK, Oct. 22, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2477233982?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/KNXPtF3r4UZIaNhx5GxpDw--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/45d44014dde8441c15837e408fe5ac5b","is_english":true,"pubTime":"2024-10-22 20:30","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2477233982","market":"us","top_or_hot":-1,"title":"Blue Owl Capital Corporation Celebrates the Five-Year Anniversary of Wingspire Capital","media":"PR Newswire","content":"<div>\n<p>Over $4.5 billion in financing commitments across Wingspire Equipment Finance and Wingspire Corporate Finance\n\nNEW YORK, Oct. 22, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blue-owl-capital-corporation-celebrates-123000382.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blue Owl Capital Corporation Celebrates the Five-Year Anniversary of Wingspire Capital</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlue Owl Capital Corporation Celebrates the Five-Year Anniversary of Wingspire Capital\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-22 20:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/blue-owl-capital-corporation-celebrates-123000382.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over $4.5 billion in financing commitments across Wingspire Equipment Finance and Wingspire Corporate Finance\n\nNEW YORK, Oct. 22, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) ...</p>\n\n<a href=\"https://finance.yahoo.com/news/blue-owl-capital-corporation-celebrates-123000382.html\">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":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.yahoo.com/news/blue-owl-capital-corporation-celebrates-123000382.html","article_id":"2477233982","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/KNXPtF3r4UZIaNhx5GxpDw--~B/aD0xNjt3PTE2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/prnewswire.com/45d44014dde8441c15837e408fe5ac5b"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/blue-owl-capital-corporation-celebrates-123000382.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2477233982","pubTimestamp":1729600200,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Over $4.5 billion in financing commitments acrossWingspire Equipment Finance and Wingspire Corporate Finance. NEW YORK, Oct. 22, 2024 /PRNewswire/ -- Blue Owl Capital Corporation  announced the five-year anniversary of its investment in Wingspire Capital , a premier asset-backed direct lender that operates two business units, Wingspire Equipment Finance and Wingspire Corporate Finance.Blue Owl Capital Corporation launched Wingspire in the fall of 2019 and has increased its support steadily since then. Since inception,Wingspire has closed over $4.5 billion in financing commitments. Blue Owl Capital Corporation is keen to continue supporting both Wingspire Equipment Finance and Wingspire Corporate Finance through a combination of organic growth, acquisitions, and new product offerings. Blue Owl Capital Corporation was an early leader in the growing trend of private credit firms venturing into asset-backed lending, answering the increasing demand for flexible financing solutions in the ma","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Blue Owl Capital Corporation庆祝Wingspire Capital成立五周年","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OBDC":1,"OWL":1},"content_text":"Over $4.5 billion in financing commitments across Wingspire Equipment Finance and Wingspire Corporate Finance\n\nNEW YORK, Oct. 22, 2024 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) announced the five-year anniversary of its investment in Wingspire Capital (\"Wingspire\"), a premier asset-backed direct lender that operates two business units, Wingspire Equipment Finance and Wingspire Corporate Finance.\nBlue Owl Capital Corporation launched Wingspire in the fall of 2019 and has increased its support steadily since then. Since inception, Wingspire has closed over $4.5 billion in financing commitments. Blue Owl Capital Corporation is keen to continue supporting both Wingspire Equipment Finance and Wingspire Corporate Finance through a combination of organic growth, acquisitions, and new product offerings. Blue Owl Capital Corporation was an early leader in the growing trend of private credit firms venturing into asset-backed lending, answering the increasing demand for flexible financing solutions in the marketplace.\nWingspire has made its mark as a provider of a range of specialized financing solutions, primarily focusing on the needs of middle-market businesses for bank-adjacent credit profiles that require swift access to capital. Wingspire Equipment Finance exemplifies this by providing tailored financing solutions designed to meet the needs of companies relying on specific equipment to execute their operations effectively.\nCraig W. Packer, CEO of Blue Owl Capital Corporation, said: \"Our continued support of Wingspire is a testament to the firm's world-class management team and their exceptional work in equipment financing and asset-based lending. Over the past five years, Wingspire has grown profitably and developed into a well-respected brand. We were especially pleased with the successful completion of its inaugural equipment finance asset-backed securitization (ABS), WEF 2024-1, which represented the first inaugural large-ticket equipment ABS to receive ratings from a major rating agency.\"\nDavid Wisen, CEO of Wingspire Capital, said: \"As the private credit market continues to evolve, the demand for flexible, timely capital solutions will grow. The support of Blue Owl Capital Corporation enables us to enhance our offerings and respond to our clients' unique needs more effectively.\"\n\"With the continued support of Blue Owl Capital Corporation, we are set to scale our operations and offer our clients access to capital in a way that is both efficient and effective,\" said Eric Freeman, the CEO of Wingspire Equipment Finance. \"Our expertise in equipment finance combined with OBDC's extensive resources position us to remain a leader in this space.\"\nABOUT WINGSPIRE CAPITAL\nWingspire Capital provides senior secured credit facilities of up to $200 million, and currently has over $1 billion in assets under management. It operates as two divisions: Wingspire Corporate Finance, which provides senior secured revolving lines of credit and term loans, and Wingspire Equipment Finance, which provides standalone equipment loans and leases.\nIndustries financed include automotive, business services, consumer products, distribution, e-commerce & retail, financial services, food & beverage, healthcare, industrial, transportation & logistics, and technology applications.\nWingspire Capital is a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC). OBDC is externally managed by Blue Owl Credit Advisors LLC, an indirect affiliate of Blue Owl Capital, Inc. (NYSE: OWL). Blue Owl Capital, Inc. is a global alternative asset manager with over $192 billion of assets under management as of June 30, 2024. For further information about Wingspire Capital, visit www.wingspirecapital.com.\n View original content:https://www.prnewswire.com/news-releases/blue-owl-capital-corporation-celebrates-the-five-year-anniversary-of-wingspire-capital-302283040.html\nSOURCE Wingspire Capital","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":"4.30.2","shortVersion":"4.30.2","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/2477233982"}