Blue Owl Capital Inc. Announces $750M 6.75% Senior Notes Due 2036

What Happened

• On August 11, 2026, Blue Owl Finance LLC (an indirect subsidiary of Blue Owl Capital Inc.) announced it priced $750,000,000 aggregate principal amount of 6.750% Senior Notes due 2036.
• The notes will be fully and unconditionally guaranteed on a joint and several basis by Blue Owl Capital Inc. and several affiliated entities. The offering is subject to customary closing conditions.
• The company intends to use the net proceeds to repay a portion of outstanding borrowings under its revolving credit facility.

Key Details

• Amount: $750,000,000 aggregate principal.
• Coupon / maturity: 6.750% interest, due 2036.
• Issuer & guarantors: Issued by Blue Owl Finance LLC; guaranteed by Blue Owl Capital Inc. and multiple affiliates.
• Purpose: Net proceeds to repay part of the company’s revolving credit facility borrowings.

Why It Matters

• This transaction is a long-term debt financing that, if closed, will replace some short-term revolver borrowings with a fixed-rate senior note due in 2036.
• Because the notes are guaranteed by the parent and affiliates, the obligation is effectively consolidated across the Blue Owl group.
• Investors should note the offering was priced and announced but remains subject to customary closing conditions; the company filed press releases and attached them to the Form 8-K.