Blue Owl Capital Stock Price, News & Analysis

Wingspire Equipment Finance has secured a significant equipment finance transaction exceeding $65 million to support an AI company's expansion of its high-performance computing infrastructure. The funding will enable the deployment of next-generation GPUs based on Blackwell architecture, enhancing the client's machine learning model development and deployment capabilities. This strategic investment will accelerate development timelines and improve AI solution delivery to global customers. The transaction's structure allowed for immediate deployment of GPU fleet, addressing the urgent computing needs driven by increasing customer demand. Wingspire positions itself as a key financial partner for AI technology companies, offering substantial and flexible capital solutions across the AI sector.

KBRA has assigned a BBB+ rating with Stable outlook to Blue Owl Capital Corporation's (NYSE: OBDC) $500 million senior unsecured notes due July 15, 2030, with a 6.20% interest rate. The rating reflects OBDC's connection to the $139 billion Blue Owl Credit platform and its strong position in private credit markets. The company maintains a $17.7 billion investment portfolio focused on senior secured first lien loans (77.5%) to upper middle market companies. Key strengths include solid liquidity with $2.5 billion in available credit lines and $511 million in cash, strong asset quality with low non-accruals (1.4% at cost), and diversified funding sources. The company's leverage stands at 1.33x gross and 1.26x net, with an asset coverage ratio of 175%.

Blue Owl Capital Corporation (NYSE: OBDC) reported its Q1 2025 financial results. Key highlights include: GAAP net investment income of $0.41 per share, down from $0.47 in Q4 2024, and NAV per share of $15.14, compared to $15.26 in Q4 2024. The Board declared a regular dividend of $0.37 and a supplemental dividend of $0.01, representing a 10.0% annualized yield. OBDC completed its merger with OBDE on January 13, 2025, becoming the second-largest externally managed BDC with over $18B in total assets. The portfolio consisted of 236 companies across 30 industries, with 77.5% in first-lien senior secured debt. New investment commitments totaled $1.2B, while sales and repayments were $1.1B. Non-accrual investments increased to 0.8% of the portfolio at fair value, up from 0.4% in Q4 2024.

Wingspire Equipment Finance has secured a $350 million credit facility from Bank of America and Wells Fargo to enhance its financing capabilities for middle market and sponsor-backed companies. The warehouse line was provided to a wholly-owned subsidiary of Wingspire Equipment Finance, with Bank of America serving as the structuring and administrative agent.

The company is experiencing strong demand for its capital solutions and plans to relocate its headquarters to a new, larger office at The Flight at Tustin Legacy later this year to accommodate its growing team.

Vantage Mobility, a leading wheelchair accessible vehicle (WAV) manufacturer, has appointed Daryl Adams as Chief Executive Officer. Adams brings over 35 years of automotive industry leadership experience to the role.

Adams most recently served as President and CEO of The Shyft Group (NASDAQ: SHYF), where he doubled company earnings and led new product development. His previous roles include CEO of Midway Products Group and Vice President of Global Engineering and R&D at Lear He is also the Founder and President of Ripple Effect Leadership.

Vantage Mobility, based in Phoenix, specializes in manufacturing WAVs built on Toyota, Honda, and Stellantis chassis. The company has received Toyota's Gold Certificate for Quality for the past 2+ years and employs Six Sigma techniques in its manufacturing processes.

Blue Owl Capital Corporation (NYSE: OBDC) has scheduled the release of its financial results for the first quarter ended March 31, 2025. The announcement will be made after market close on Wednesday, May 7, 2025.

The company will host a webcast and conference call on Thursday, May 8, 2025, at 10:00 a.m. Eastern Time to discuss the quarterly results. Interested participants can access the event through:

• Webcast: Available on the Events section at blueowlcapitalcorporation.com
• Phone: Domestic (877) 737-7048 or International +1 (201) 689-8523

Participants are advised to join 10-15 minutes early for registration. A replay will be accessible for one year via webcast and for 14 days through phone using access code 13751858.

Skylight, a family-focused technology company, has secured a $50 million loan through an expanded partnership with SG Credit Partners and new partner Wingspire Capital. The company, which achieved 99% year-over-year revenue growth, will use the financing to support inventory purchases and product development.

The loan facility represents an expansion from a previous $20 million facility provided by SG Credit Partners. Skylight currently connects over 9.3 million users through its products, including the Skylight Calendar and Skylight Frame. The company recently restocked its popular 27" Cal Max smart family calendar and is developing new features including an AI-powered family assistant and rewards system for 2025.

According to Skylight's Mental Load Report, household management consumes over 30 hours weekly, which the company aims to minimize through its innovative solutions.

Blue Owl Capital (OBDC) reported its Q4 and full-year 2024 results, achieving a Q4 net investment income of $0.47 per share and NAV of $15.26. The company declared total Q4 dividends of $0.42 per share, representing an 11.0% annualized dividend yield. New investment commitments for Q4 totaled $1.7 billion, with $1.6 billion in sales and repayments.

OBDC completed its merger with OBDE on January 13, 2025, becoming the second-largest externally-managed, publicly traded BDC with over $18 billion in total assets. The company plans to implement a $750 million ATM program. As of December 31, 2024, OBDC had investments in 227 portfolio companies across 30 industries, with a total portfolio value of $13.2 billion.

For the full year 2024, investment income increased to $1.60 billion from $1.58 billion in 2023, while total expenses rose to $844.1 million from $815.7 million. The company maintained strong liquidity with $505.7 million in cash and restricted cash, and $7.6 billion in total principal value of debt outstanding.

Blue Owl Capital (NYSE: OBDC) has announced it will release its financial results for the fourth quarter and fiscal year ended December 31, 2024 on Wednesday, February 19, 2025, after market close. The company will host a webcast and conference call on Thursday, February 20, 2025, at 10:00 a.m. Eastern Time to discuss these results.

The conference call will be accessible via webcast on OBDC's website and through dial-in numbers for both domestic (877-737-7048) and international (+1-201-689-8523) participants. A replay will be available through the website for one year and via dial-in for 14 days using access code 13750520.