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Update: Market Chatter: Blue Owl to Raise $750 Million in Debt

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(Updates with Blue Owl declines to comment in the last paragraph.)

Blue Owl Capital (OWL) is selling $750 million of high-grade debt, $250 million more than initially discussed, after receiving a sizable amount of investor orders, Bloomberg reported Tuesday, citing people familiar with the matter.

Blue Owl Finance, its financing subsidiary, is offering the 10-year note, the report said, citing one of the people. The transaction is set to yield 2.20 percentage points above Treasuries, or about 0.3 percentage point below the initial price talk, the report said.

Blue Owl declined to comment to.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $12.24, Change: $+0.59, Percent Change: +5.06%

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