Blue Owl Capital Inc., in partnership with Splitero, Antarctica Capital, and Kingsbridge Investment Partners, has announced the closing of a $283.3 million rated home equity investment $(HEI)$ securitization. The transaction marks Splitero's inaugural securitization and is the largest of its kind to date. The securitization, named Splitero Trust 2025-1, issued $195.5 million of senior class A-1 securities rated A (low) (sf), $48 million of mezzanine class A-2 securities rated BBB (low) (sf), $11.5 million of subordinate class B-1 securities rated BB (high) (sf), and $28.3 million of subordinate class B-2 securities rated B (sf) (retained), all rated by Morningstar DBRS. The offering received strong investor demand, particularly for the senior class A-1 tranche, which saw over $2 billion in orders. Barclays acted as the structuring agent, with Barclays and Nomura Securities International serving as joint bookrunners.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blue Owl Capital Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA38989) on December 08, 2025, and is solely responsible for the information contained therein.
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