By Devika Patel
Knoxville, Tenn., Sept. 16 – Owl Rock Technology Finance Corp. priced $400 million of 4.75% notes due 2025 on Wednesday in a Rule 144A and Regulation S offering, according to an 8-K filed with the Securities and Exchange Commission.
Initial price talk was in the Treasuries plus 475 basis points area.
Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC and RBC Capital Markets, LLC were 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.
| Issuer: | Owl Rock Technology Finance Corp.
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| Amount: | $400 million
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| Description: | Notes
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| Maturity: | 2025
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| Bookrunners: | Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC and RBC Capital Markets, LLC
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| Coupon: | 4.75%
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| Trade date: | Sept. 16
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| Distribution: | Rule 144A and Regulation S
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| Initial talk: | Treasuries plus 475 bps area
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