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Blue Owl Technology raised $800M in loans, raising questions about its ability to pay dividends.

PayoutRead the original at benzinga.com
Neutral

OTF raised $800M in three financings while adjusted NII was $0.30 per share against a $0.35 base dividend; the next reported NII per share will determine if the dividend is covered.

OTF · Blue Owl Technology Finance Corp.

AI read · Neutral

The AI's read

Blue Owl (OTF) raised $800M across three financings, including $150M of 7.60% notes. Its adjusted income was $0.30 per share versus a $0.35 base dividend. The report shows both funding access and repeated dividend shortfalls, so the story does not change the company view until the next per-share income report.

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