Oppenheimer initiated coverage on Blue Owl Capital Corporation III with a new price target
$OBDE
Oppenheimer initiated coverage of Blue Owl Capital Corporation III with a rating of Outperform and set a new price target of $16.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/17/2024 | $16.00 | Outperform | Oppenheimer |
4 - Blue Owl Capital Corp III (0001807427) (Issuer)
4 - Blue Owl Capital Corp III (0001807427) (Issuer)
4 - Blue Owl Capital Corp III (0001807427) (Issuer)
N-54C - Blue Owl Capital Corp III (0001807427) (Filer)
15-12G - Blue Owl Capital Corp III (0001807427) (Filer)
25-NSE - Blue Owl Capital Corp III (0001807427) (Subject)
NEW YORK, Jan. 8, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE:OBDC) and Blue Owl Capital Corporation III (NYSE:OBDE) today announced that each company obtained shareholder approval of all proposals related to the previously announced merger between the two companies at their respective shareholder meetings held today. Shareholders voted overwhelmingly in favor of the proposed transaction, with over 97% of OBDC votes cast and nearly 100% of OBDE votes cast, respectively, voting in favor of the proposals related to the merger. The transaction is expected to close on or around January 13, 2025, subject to the satisfaction of customary closing conditions. Craig W. Packer, Chief Exec
NEW YORK, Dec. 16, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE:OBDE) today announced that its Board of Directors has declared a special dividend of $0.52 per share. The special dividend will be payable in cash on or before January 31, 2025 to shareholders of record as of December 31, 2024. The special dividend will be payable no later than January 31, 2025, or earlier, if the proposed merger with Blue Owl Capital Corporation (NYSE:OBDC) closes before that date. The closing of the merger is expected to occur promptly after the vote at the shareholder meetings, currently scheduled for January 8, 2025, assuming that the transaction is approved by OBDE and OBDC shareholders. The
NEW YORK, Nov. 6, 2024 /PRNewswire/ -- Blue Owl Capital Corporation III (NYSE:OBDE, or the ", Company", )) today announced financial results for its third quarter ended September 30, 2024. THIRD QUARTER 2024 HIGHLIGHTS Third quarter net investment income ("NII") per share of $0.41, in-line with the prior quarter and exceeding the regular dividend of $0.35 per share by 17%As previously announced in January, the Board of Directors (the "Board") declared five special dividends of $0.06 per share; the third of which will be payable on or before December 13, 2024 to shareholders of record as of November 29, 202410.6%1 annualized dividend yield based on third quarter net asset value ("NAV") per s
Creates the second largest publicly traded BDC by total assets NEW YORK, Jan. 13, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE:OBDC) today announced the closing of its merger with Blue Owl Capital Corporation III ("OBDE"), with OBDC as the surviving company. This merger now makes OBDC the second largest externally-managed, publicly traded BDC by total assets with $18.6 billion of total assets at fair value and investments in 232 portfolio companies, on a pro forma combined basis as of September 30, 2024. The combined company will operate as Blue Owl Capital Corporation and continue to trade under the ticker "OBDC" on the New York Stock Exchange. Craig W. Packer, Chief Executive O
NEW YORK, Jan. 8, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE:OBDC) and Blue Owl Capital Corporation III (NYSE:OBDE) today announced that each company obtained shareholder approval of all proposals related to the previously announced merger between the two companies at their respective shareholder meetings held today. Shareholders voted overwhelmingly in favor of the proposed transaction, with over 97% of OBDC votes cast and nearly 100% of OBDE votes cast, respectively, voting in favor of the proposals related to the merger. The transaction is expected to close on or around January 13, 2025, subject to the satisfaction of customary closing conditions. Craig W. Packer, Chief Exec
NEW YORK, Jan. 3, 2025 /PRNewswire/ -- Blue Owl Capital Corporation (NYSE: OBDC) and Blue Owl Capital Corporation III (NYSE:OBDE) today announced that leading independent proxy advisory firms, Institutional Shareholder Services ("ISS") and Glass Lewis & Co. ("Glass Lewis"), have recommended that OBDE shareholders vote "FOR" the pending merger between OBDC and OBDE, and that OBDC shareholders vote "FOR" both proposals associated with the merger at upcoming special meetings on January 8, 2025. In its report dated January 2, 2025, ISS stated, "The strategic rationale for the merger appears sound. Specifically, the combined company will have increased scale that may improve trading dynamics and
Oppenheimer initiated coverage of Blue Owl Capital Corporation III with a rating of Outperform and set a new price target of $16.00
SC 13G - Blue Owl Capital Corp III (0001807427) (Subject)
SC 13G - Blue Owl Capital Corp III (0001807427) (Subject)
SC 13G - Blue Owl Capital Corp III (0001807427) (Subject)
4 - Blue Owl Capital Corp III (0001807427) (Issuer)
4 - Blue Owl Capital Corp III (0001807427) (Issuer)
4 - Blue Owl Capital Corp III (0001807427) (Issuer)