Two publicly traded private credit vehicles managed by Blue Owl Capital have reduced their quarterly dividends after reporting lower net asset values in the first quarter, citing pressure from rising borrowing costs and a tougher earnings environment, according to a report by Reuters.
Blue Owl Capital Corp lowered its dividend to $0.31 per share from $0.36, while Blue Owl Technology Finance Corp reduced its regular payout to $0.35 per share from $0.40. The technology-focused fund also maintained...
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