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KBRA rates Blue Owl notes BBB
KBRA said it rated Blue Owl Technology Income Corp.’s $100 million floating-rate senior unsecured notes due January 15, 2029. The notes bear interest at a rate of SOFR +4.75%. The company changed its name from Owl Rock Technology Income Corp. effective July 6.
The rating is in line with KBRA’s rating on the issuer’s $100 million of 8.25% notes rated in July.
The outlook is stable.
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