NEW YORK, Aug. 11, 2026 /PRNewswire/ -- Blue Owl Capital Inc. (&#34;Blue Owl&#34;) (NYSE:OWL) today announced that its indirect subsidiary, Blue Owl Finance LLC, intends to offer 10-year senior unsecured notes (the

<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">Aug. 11, 2026</span> /PRNewswire/ -- Blue Owl Capital Inc. (&#34;Blue Owl&#34;) (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/OWL">OWL</a>) today announced that its indirect subsidiary, Blue Owl Finance LLC, intends to offer 10-year senior unsecured notes (the &#34;notes&#34;), subject to market and other conditions. The notes will be fully and unconditionally guaranteed by each of Blue Owl, Blue Owl Capital GP Holdings LLC, Blue Owl Capital GP LLC, Blue Owl Capital Holdings LP, Blue Owl Capital Carry LP, Blue Owl Capital Group LLC, Blue Owl GPSC Holdings LLC, Blue Owl Capital GP Holdings LP, Blue Owl GP Stakes GP Holdings LLC, Blue Owl Real Estate Holdings LP, Blue Owl Real Estate GP Holdings LLC and Blue Owl Capital Holdings LLC. Blue Owl intends to use the net proceeds from this offering to repay a portion of outstanding borrowings under its revolving credit facility.</p>
<p xmlns="http://www.w3.org/1999/xhtml">BofA Securities, Inc., Goldman Sachs &amp; Co. LLC and Morgan Stanley &amp; Co. LLC are acting as joint book-running managers.</p><p xmlns="http://www.w3.org/1999/xhtml">The notes are being offered pursuant to an effective shelf registration statement on file with the U.S. Securities and Exchange Commission (the &#34;SEC&#34;) and only by means of a prospectus and prospectus supplement. An electronic copy of the prospectus supplement, together with the accompanying prospectus, is available on the SEC&#39;s website at <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.sec.gov" rel="nofollow">www.sec.gov</a>. Alternatively, copies of the prospectus supplement and accompanying prospectus may be obtained by contacting the joint book-running managers: BofA Securities, Inc., NC1-004-03-43, Attn: Prospectus Department, 200 North College Street, 3rd floor, Charlotte NC 8255-0001, Email: <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:dg.prospectus_requests@bofa.com" target="_blank" rel="nofollow">dg.prospectus_requests@bofa.com</a>; Goldman Sachs &amp; Co. LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282, Email: <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:prospectus-ny@ny.email.gs.com" target="_blank" rel="nofollow">prospectus-ny@ny.email.gs.com</a>, Telephone: (866) 471-2526; or Morgan Stanley &amp; Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.</p><p xmlns="http://www.w3.org/1999/xhtml">This press release shall not constitute an offer to sell or a solicitation of an offer to purchase the notes or any other securities and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Blue Owl</b></p><p xmlns="http://www.w3.org/1999/xhtml">Blue Owl (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/OWL">OWL</a>) is a leading asset manager that is redefining alternatives&#xAE;. With $319 billion in assets under management as of June 30, 2026, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.</p><p xmlns="http://www.w3.org/1999/xhtml">Together with over 1,380 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">Certain statements made in this release, including those relating to the timing, size and other terms of the offering, are &#34;forward looking statements&#34; within the meaning of the &#34;safe harbor&#34; provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words &#34;estimates,&#34; &#34;projected,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;forecasts,&#34; &#34;plans,&#34; &#34;intends,&#34; &#34;believes,&#34; &#34;seeks,&#34; &#34;may,&#34; &#34;will,&#34; &#34;would,&#34; &#34;should,&#34; &#34;future,&#34; &#34;propose,&#34; &#34;target,&#34; &#34;goal,&#34; &#34;objective,&#34; &#34;outlook&#34; and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law.</p><p xmlns="http://www.w3.org/1999/xhtml">These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blue Owl&#39;s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.</p><p xmlns="http://www.w3.org/1999/xhtml">Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of strategic acquisitions; costs related to acquisitions; the inability to maintain the listing of Blue Owl&#39;s shares on the New York Stock Exchange; Blue Owl&#39;s ability to manage growth; Blue Owl&#39;s ability to execute its business plan and meet its projections; potential litigation involving Blue Owl; changes in applicable laws or regulations; and the possibility that Blue Owl may be adversely affected by other economic, business, geo-political and competitive factors.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Investor Contact<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Ann Dai<br xmlns="http://www.w3.org/1999/xhtml"></br>Head of Investor Relations<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" href="mailto:blueowlir@blueowl.com" target="_blank" rel="nofollow">blueowlir@blueowl.com</a> </p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Media Contact<br xmlns="http://www.w3.org/1999/xhtml"></br></b><a xmlns="http://www.w3.org/1999/xhtml" href="mailto:media@blueowl.com" target="_blank" rel="nofollow">media@blueowl.com</a> </p><p xmlns="http://www.w3.org/1999/xhtml"> </p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=NY23552&amp;sd=2026-08-11"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/blue-owl-capital-announces-senior-notes-offering-302848487.html" target="_blank">https://www.prnewswire.com/news-releases/blue-owl-capital-announces-senior-notes-offering-302848487.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Blue Owl Capital</p>

BLUE OWL CAPITAL ANNOUNCES SENIOR NOTES OFFERING

Blue Owl launches 10-year notes to refinance revolver, signaling liquidity management

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK, Aug. 11, 2026 /PRNewswire/ -- Blue Owl Capital Inc. (&amp;#34;Blue Owl&amp;#34;) (NYSE:OWL) today announced that its indirect subsidiary, Blue Owl Finance LLC, intends to offer 10-year senior unsecured notes (the</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Blue Owl Capital announced a 10-year senior unsecured notes offering, guaranteed by subsidiaries, with net proceeds to repay revolving credit borrowings. The deal, led by BofA Securities, Goldman Sachs and Morgan Stanley, signals balance-sheet optimization as Blue Owl notes $319B AUM as of 6/30/2026.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Blue Owl to issue 10-year senior unsecured notes. Proceeds repay revolver borrowings.</li><li>Notes fully guaranteed by Blue Owl and affiliated entities.</li><li>Joint book-running managers: BofA Securities, Goldman Sachs, Morgan Stanley.</li><li>Blue Owl&#039;s AUM reached $319B as of June 30, 2026.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Blue Owl Capital Inc. (OWL)</strong>: Issuing 10-year senior unsecured notes; aims to refinance revolver borrowings.</li><li><strong>Blue Owl Finance LLC (n/a)</strong>: Indirect subsidiary guaranteeing the notes; part of the security structure.</li><li><strong>BofA Securities, Inc. (BofA)</strong>: Joint book-running manager; potential fees from underwriting the offering.</li><li><strong>Goldman Sachs &amp; Co. LLC (GS)</strong>: Joint book-running manager; key underwriter for the notes.</li><li><strong>Morgan Stanley &amp; Co. LLC (MS)</strong>: Joint book-running manager; key underwriter for the notes.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article centers on a debt offering and balance-sheet management, illustrating capital-structure optimization rather than earnings signals; indicative of ongoing strategic financing activity by Blue Owl.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Debt offering details and underwriter lineup signal near-term capital-structure activity.</li><li>Disclosed terms are limited; investors will assess size and yield for leverage impact.</li><li>Proceeds earmarked for revolver repayment, potentially improving liquidity metrics.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date of release: Aug. 11, 2026.</li><li>Notes tenor: 10 years.</li><li>Notes guaranteed by Blue Owl and affiliated entities.</li><li>Use of proceeds: repay revolving credit facility borrowings.</li><li>AUM: $319 billion as of June 30, 2026.</li><li>Joint book-running managers: BofA Securities, Goldman Sachs, Morgan Stanley.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>OWL could see neutral-to-slightly-positive price action over 1–3 months if revolver borrowings decline.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">Aug. 11, 2026</span> /PRNewswire/ -- Blue Owl Capital Inc. (&#34;Blue Owl&#34;) (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/OWL">OWL</a>) today announced that its indirect subsidiary, Blue Owl Finance LLC, intends to offer 10-year senior unsecured notes (the &#34;notes&#34;), subject to market and other conditions. The notes will be fully and unconditionally guaranteed by each of Blue Owl, Blue Owl Capital GP Holdings LLC, Blue Owl Capital GP LLC, Blue Owl Capital Holdings LP, Blue Owl Capital Carry LP, Blue Owl Capital Group LLC, Blue Owl GPSC Holdings LLC, Blue Owl Capital GP Holdings LP, Blue Owl GP Stakes GP Holdings LLC, Blue Owl Real Estate Holdings LP, Blue Owl Real Estate GP Holdings LLC and Blue Owl Capital Holdings LLC. Blue Owl intends to use the net proceeds from this offering to repay a portion of outstanding borrowings under its revolving credit facility.</p>
<p xmlns="http://www.w3.org/1999/xhtml">BofA Securities, Inc., Goldman Sachs &amp; Co. LLC and Morgan Stanley &amp; Co. LLC are acting as joint book-running managers.</p><p xmlns="http://www.w3.org/1999/xhtml">The notes are being offered pursuant to an effective shelf registration statement on file with the U.S. Securities and Exchange Commission (the &#34;SEC&#34;) and only by means of a prospectus and prospectus supplement. An electronic copy of the prospectus supplement, together with the accompanying prospectus, is available on the SEC&#39;s website at <a xmlns="http://www.w3.org/1999/xhtml" href="http://www.sec.gov" rel="nofollow">www.sec.gov</a>. Alternatively, copies of the prospectus supplement and accompanying prospectus may be obtained by contacting the joint book-running managers: BofA Securities, Inc., NC1-004-03-43, Attn: Prospectus Department, 200 North College Street, 3rd floor, Charlotte NC 8255-0001, Email: <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:dg.prospectus_requests@bofa.com" target="_blank" rel="nofollow">dg.prospectus_requests@bofa.com</a>; Goldman Sachs &amp; Co. LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282, Email: <a xmlns="http://www.w3.org/1999/xhtml" href="mailto:prospectus-ny@ny.email.gs.com" target="_blank" rel="nofollow">prospectus-ny@ny.email.gs.com</a>, Telephone: (866) 471-2526; or Morgan Stanley &amp; Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.</p><p xmlns="http://www.w3.org/1999/xhtml">This press release shall not constitute an offer to sell or a solicitation of an offer to purchase the notes or any other securities and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Blue Owl</b></p><p xmlns="http://www.w3.org/1999/xhtml">Blue Owl (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/OWL">OWL</a>) is a leading asset manager that is redefining alternatives&#xAE;. With $319 billion in assets under management as of June 30, 2026, we invest across three multi-strategy platforms: Credit, Real Assets and GP Strategic Capital. Anchored by a strong permanent capital base, we provide businesses with private capital solutions to drive long-term growth and offer institutional investors, individual investors, and insurance companies differentiated alternative investment opportunities that aim to deliver strong performance, risk-adjusted returns, and capital preservation.</p><p xmlns="http://www.w3.org/1999/xhtml">Together with over 1,380 experienced professionals globally, Blue Owl brings the vision and discipline to create the exceptional.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">Certain statements made in this release, including those relating to the timing, size and other terms of the offering, are &#34;forward looking statements&#34; within the meaning of the &#34;safe harbor&#34; provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words &#34;estimates,&#34; &#34;projected,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;forecasts,&#34; &#34;plans,&#34; &#34;intends,&#34; &#34;believes,&#34; &#34;seeks,&#34; &#34;may,&#34; &#34;will,&#34; &#34;would,&#34; &#34;should,&#34; &#34;future,&#34; &#34;propose,&#34; &#34;target,&#34; &#34;goal,&#34; &#34;objective,&#34; &#34;outlook&#34; and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Any such forward-looking statements are made pursuant to the safe harbor provisions available under applicable securities laws and speak only as of the date made. Blue Owl assumes no obligation to update or revise any such forward-looking statements except as required by law.</p><p xmlns="http://www.w3.org/1999/xhtml">These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blue Owl&#39;s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.</p><p xmlns="http://www.w3.org/1999/xhtml">Important factors, among others, that may affect actual results or outcomes include the inability to recognize the anticipated benefits of strategic acquisitions; costs related to acquisitions; the inability to maintain the listing of Blue Owl&#39;s shares on the New York Stock Exchange; Blue Owl&#39;s ability to manage growth; Blue Owl&#39;s ability to execute its business plan and meet its projections; potential litigation involving Blue Owl; changes in applicable laws or regulations; and the possibility that Blue Owl may be adversely affected by other economic, business, geo-political and competitive factors.</p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Investor Contact<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Ann Dai<br xmlns="http://www.w3.org/1999/xhtml"></br>Head of Investor Relations<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" href="mailto:blueowlir@blueowl.com" target="_blank" rel="nofollow">blueowlir@blueowl.com</a> </p><p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Media Contact<br xmlns="http://www.w3.org/1999/xhtml"></br></b><a xmlns="http://www.w3.org/1999/xhtml" href="mailto:media@blueowl.com" target="_blank" rel="nofollow">media@blueowl.com</a> </p><p xmlns="http://www.w3.org/1999/xhtml"> </p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=NY23552&amp;sd=2026-08-11"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/blue-owl-capital-announces-senior-notes-offering-302848487.html" target="_blank">https://www.prnewswire.com/news-releases/blue-owl-capital-announces-senior-notes-offering-302848487.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Blue Owl Capital</p>

Blue Owl Capital announced a 10-year senior unsecured notes offering, guaranteed by subsidiaries, with net proceeds to repay revolving credit borrowings. The deal, led by BofA Securities, Goldman Sachs and Morgan Stanley, signals balance-sheet optimization as Blue Owl notes $319B AUM as of 6/30/2026.

News insight

BLUE OWL CAPITAL ANNOUNCES SENIOR NOTES OFFERING

AI summary

Sentiment rationale

Key facts

Corporate Developments