New Issue: Owl Rock Core Income prices $500 million 7.95% five-year notes

By Cristal Cody

Chicago, June 7 – Owl Rock Core Income Corp. priced $500 million of 7.95% five-year notes on Tuesday, a source reported.

The notes priced at Treasuries plus 425 basis points after initial talk in the 437.5 bps area.

RBC Capital Markets LLC, SMBC Nikko Securities America Inc., Truist Securities, Inc. and Wells Fargo Securities LLC were the bookrunners.

Owl Rock is a business development company based in New York.

Issuer:	Owl Rock Core Income Corp.
Amount:	$500 million
Issue:	Notes
Maturity:	June 13, 2028
Bookrunners:	RBC Capital Markets LLC, SMBC Nikko Securities America Inc., Truist Securities, Inc. and Wells Fargo Securities LLC
Coupon:	7.95%
Spread:	Treasuries plus 425 bps
Trade date:	June 6
Price talk:	Treasuries plus 437.5 bps area

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