Blue Owl Capital SEC Filings

Blue Owl Capital Corporation reports that during November through December 2, over $115 million in shares of its common stock were purchased in the open market. These purchases were made by executives and employees of Blue Owl Capital Inc. and through Blue Owl Capital Corporation’s existing share repurchase program. The company reiterates that it is authorized to repurchase up to $200 million shares of its common stock under this program, highlighting continued activity in its stock repurchase efforts.

Blue Owl Capital Corp (OBDC) president Logan Nicholson reported an open-market purchase of company stock. On 11/18/2025, he bought 25,000 shares of common stock at a weighted average price of $11.7476 per share, with individual trade prices ranging from $11.68 to $11.80. After this transaction, he beneficially owns 55,032 shares directly and 19,968 shares indirectly through The Logan Nicholson Living Trust. The filing notes that the detailed breakdown of shares bought at each price within the range is available upon request.

Blue Owl Capital Corp (OBDC) Chief Executive Officer and director Craig W. Packer reported insider purchases of the company’s common stock on 11/18/2025 through family trusts. Two trusts each bought 41,600 shares of common stock at a weighted average price of $11.7539 per share, with trades executed between $11.70 and $11.80. After these transactions, Mr. Packer beneficially owns 300,716 shares directly, in addition to the shares held indirectly by the Packer Family Trust 2017 and The Craig W. Packer 2021 Trust Agreement for Grant Price. The filing notes that this total does not include 65,733 shares owned by Mr. Packer’s wife.

Blue Owl Capital Corporation (OBDC) reported that on November 18, 2025 it and Blue Owl Capital Corporation II mutually agreed to terminate their previously signed Agreement and Plan of Merger. The termination was made under the contract’s termination provision and is effective as of that same date. With this step, the merger will not proceed, although certain sections of the original agreement, including provisions on expenses, termination and general contract terms, remain in effect as specified.

On November 19, 2025, OBDC and OBDC II issued a joint press release describing the decision, which is included as an exhibit to the report for informational purposes only and is treated as furnished rather than filed under securities law.

Blue Owl Capital Corporation (OBDC) discussed its planned merger with Blue Owl Capital Corporation II (OBDC II) on a fixed income conference call. The company noted that it ended the recent quarter at 1.22x leverage and expects this to decrease to 1.17x after completing the merger, indicating a modest reduction in balance sheet leverage for the combined business. Management highlighted that statements about future results, merger benefits and distributions are forward-looking and subject to numerous risks, including closing timing, realizing expected cost savings and income accretion, market conditions, and shareholder approvals. OBDC and OBDC II plan to file a Form N-14 registration statement and a joint proxy statement/prospectus, and shareholders are urged to read these SEC filings when available because they will contain detailed information about the transaction.

Blue Owl Capital Corporation plans to merge Blue Owl Capital Corporation II into OBDC to create a larger business development company with greater scale, more efficient financing and the potential for enhanced returns. After the merger, OBDC II shareholders would receive OBDC shares and gain OBDC’s higher dividend rate, a meaningful boost to return on equity and full liquidity at closing. The companies note that about 98% of the portfolios already overlap, which is expected to reduce costs and improve efficiency. OBDC highlights a $200 million stock repurchase program to support its shares and emphasizes that other Blue Owl BDCs are not affected. Since its 2017 launch, OBDC II has delivered a 9.3% annualized return and has met all quarterly tender requests while pursuing a full liquidity event by 2026.

Blue Owl Capital Corp (OBDC) director Chris Temple reported an open‑market purchase of company stock. On 11/12/2025, he bought 8,000 shares at $12.03 per share. After this transaction, Temple now beneficially owns 59,000 shares, held directly. The filing was signed by Karen Hager on his behalf under a previously filed power of attorney.

Blue Owl Capital Corp. (OBDC) director Melissa Weiler reported buying 10,000 shares of common stock on 11/10/2025 at $11.99 per share (Form 4, code P). After this transaction, she beneficially owned 49,734 shares, reported as direct ownership. The filing states the shares are held by The Weiler Family Living Trust, and it was signed by Karen Hager under a power of attorney.

Blue Owl Capital Corporation (OBDC) used its Nov 6, 2025 earnings call to discuss a proposed acquisition of Blue Owl Capital Corporation II (OBDC II). This communication was filed under Rule 425 and deemed filed under Rule 14a-12.

OBDC plans to file a Form N-14 registration statement that will include a proxy statement/prospectus. Shareholders of both OBDC and OBDC II are urged to read these materials when available on the SEC website and the companies’ sites.

Management included forward-looking statements noting uncertainties around the timing or likelihood of closing, potential synergies and savings, anticipated accretion to net investment income, shareholder vote outcomes, the possibility of competing offers, satisfaction of merger conditions, potential shareholder litigation costs, and broader macro risks such as interest rates, inflation, banking system stability, and geopolitical events. The adviser’s ability to source and manage investments was also cited as a factor.