Reported 29 days ago
Blue Owl Capital Inc. has entered the high-grade bond market, issuing $1 billion in notes to repay its existing debts. The long five-year note offers a yield of 2.6 percentage points over Treasuries. This move comes amid a surge in new bond issuances as companies aim to capitalize on decreasing bond yields, with approximately $87 billion in fresh deals completed so far this month.
Source: YAHOO