Owl Rock Technology Finance talks $300 million of notes due 2025 at Treasuries plus 475 bps area

By Cristal Cody

Tupelo, Miss., Sept. 15 – Owl Rock Technology Finance Corp. plans to price $300 million of senior notes due Dec. 15, 2025 (Baa3/Kroll: BBB) in a Rule 144A deal on Wednesday, according to a market source.

Initial price talk is in the Treasuries plus 475 basis points area.

Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC and RBC Capital Markets, LLC are the bookrunners.

Owl Rock Technology Finance is an investment vehicle in technology- and life sciences-related companies externally managed by Owl Rock Technology Advisors, LLC, a subsidiary of New York-based Owl Rock Capital Partners LP.

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