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S&P gives Owl Rock notes BBB-
S&P said it gave a BBB- debt rating to Owl Rock Core Income Corp.'s $600 million of 7.75% senior unsecured notes due 2027.
The agency assigned the BBB- ratings to Owl Rock on March 22.
The company intends to use the proceeds to pay down a portion of revolver debt, which had an outstanding amount of $936 million, as of June 30.
The outlook is stable.
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