Blue Owl Capital Corporation II board urges shareholders to reject Cox and Saba tender offer at 33% NAV discount

Reuters04:59
<a href="https://laohu8.com/S/OBDC">Blue Owl Capital Corporation</a> II board urges shareholders to reject Cox and Saba tender offer at 33% NAV discount
  • The board of Blue Owl Capital Corporation II recommended that shareholders reject an unsolicited minority tender offer from Cox Capital Partners and Saba Capital Management for up to 8 million shares.
  • The offer was valued at about USD 30 million and represented less than 7% of outstanding shares.
  • The offer price was described as a 33% discount to net asset value.
  • BofA Securities provided an inadequacy opinion to the board on the offer consideration.
  • A return of capital distribution representing 30% of net asset value was scheduled to be paid on or before March 31, 2026.


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: 202603131658PR_NEWS_USPR_____NY09802) on March 13, 2026, and is solely responsible for the information contained therein.

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