Owl Rock Capital holds fixed income investor calls for new issue

By Cristal Cody

Tupelo, Miss., April 4 – Owl Rock Capital Corp. is holding fixed income investor calls on Thursday for an upcoming offering of senior notes (Baa3/BBB-/BBB-), according to a market source.

The fixed income investor calls started on Wednesday and will continue through Thursday.

The deal is expected to include $300 million of five-year notes, according to ratings releases from Moody’s Investors Service and S&P Global Ratings.

BofA Merrill Lynch, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC, RBC Capital Markets, LLC, SG Americas Securities LLC and SunTrust Robinson Humphrey Inc. are the arrangers.

Proceeds will be used to repay existing debt.

Owl Rock Capital is a middle-market debt and equity asset management company based in New York City.

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