By Wendy Van Sickle
Columbus, Ohio, Dec. 29 – Owl Rock Capital Corp. III arranged a private placement of $60 million of 7.58% senior notes due July 21, 2027 on Dec. 22, according to an 8-K filed with the Securities and Exchange Commission.
The notes are redeemable at a make-whole amount at any time.
Proceeds will be used for general corporate purposes.
The private business development company is based in New York.
| Issuer: | Owl Rock Capital Corp. III
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| Amount: | $60 million
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| Issue: | Senior notes, series 2022B
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| Maturity: | July 21, 2027
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| Coupon: | 7.58%
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| Call feature: | Make-whole call at any time
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| Agreement date: | Dec. 22
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| Distribution: | Private placement
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