Owl Rock Capital Corporation P


NEW YORK, June 4, 2021 / PRNewswire / – Owl Rock Capital Corporation (NYSE: ORCC) Announces Pricing for a $ 450 Million Written Public Offering with a total principal amount of 2.875% of bonds due 2028 . The bonds will mature on June 11, 2028 and may be redeemed in whole or in part at the option of the ORCC at any time at par plus a “redemption” premium, if applicable.

BofA Securities, Inc., MUFG Securities America Inc., SG Americas Securities, LLC, SMBC Nikko Securities America, Inc. and Truist Securities, Inc. are acting as co-book managers for this offering. Compass Point Research & Trading, LLC, ICBC Standard Bank Plc, JMP Securities LLC, Keefe, Bruyette & Woods, Inc., Ladenburg Thalmann & Co. Inc., Oppenheimer & Co. Inc., PNC Capital Markets LLC, R. Seelaus & Co., LLC, Raymond James & Associates, Inc., Seaport Global Securities LLC and Wells Fargo Securities, LLC are acting as co-managers for this offering. The offer is expected to close on June 11, 2021, subject to customary closing conditions.

ORCC expects to use the net proceeds of this offering to repay its existing debt, including under the revolving credit facility, which matures on September 3, 2025 with respect to $ 10.295 billion in commitments, and on April 2, 2024, for the remaining commitments, and the SPV Asset Facility IV, which expires on August 2, 2029.

Investors are advised to carefully consider the investment objectives, risks, fees and expenses of ORCC before investing. The dated pricing conditions sheet June 4, 2021, the preliminary prospectus supplement dated June 4, 2021 and the dated accompanying leaflet July 9, 2020, each of which has been filed with the Securities and Exchange Commission, contain this and other information about ORCC and should be read carefully before investing. The list of pricing arrangements, the preliminary prospectus supplement, the attached prospectus and this press release do not constitute offers to sell ORCC securities and do not solicit an offer to buy such securities. in a territory where such an offer and sale is not permitted.

The Issuer has filed a pre-registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before investing, you should read the prospectus in this registration statement, the prospectus supplement and other documents that the issuer has filed with the SEC for more complete information about the issuer and this offering. You can obtain these documents free of charge by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, the issuer, any underwriter or broker participating in the offering will arrange to send you the prospectus supplement and accompanying prospectus if you request it from BofA Securities, Inc. by calling 1-800. -294-1322, or by email [email protected].

About Owl Rock Capital Corporation

Owl Rock Capital Corporation (ORCC) is a specialty finance company focused on lending to mid-market US businesses. From March 31, 2021, ORCC had investments in 120 holding companies with an aggregate fair value of $ 11.2 billion. ORCC elected to be regulated as a business development company under the Investment Companies Act of 1940, as amended. ORCC is managed externally by Owl Rock Capital Advisors LLC, an SEC-registered investment adviser affiliated with Owl Rock Capital Partners LP (“Owl Rock Capital Partners”). Owl Rock Capital Partners, along with its subsidiaries, is a new York direct lending platform based on approximately $ 27.8 billion of assets under management March 31, 2021. Owl Rock Capital Partners is a division of Blue Owl Capital Inc. (NYSE: OWL) that focuses on direct lending.

Certain information contained in this document may constitute “forward-looking statements” which involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and should not be relied on unduly. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about ORCC, its current and potential portfolio investments, industry, beliefs and opinions and assumptions. Words such as “anticipate”, “expect”, “intend”, “plan”, “will”, “may”, “continue”, “believe”, “research”, “” ” “should”, “targets”, “projects”, “prospects”, “potential”, “predicted” and variations of such words and expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond ORCC’s control and are difficult to predict and could cause actual results to differ materially from those expressed or anticipated in forward-looking statements, including including, without limitation, the risks, uncertainties and other factors identified in documents filed by ORCC with the SEC. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date to which ORCC makes them. ORCC assumes no obligation ation to update or revise forward-looking statements or any other information contained in this document, except as required by applicable law.

Investor contact:

Investor Relations
Dana sclafani
[email protected]

Media contact:

Prosek Partners
David Wells / Josh clarkson
[email protected]

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SOURCE Owl Rock Capital Corporation

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