UNLOCK THE POWER OF THE VAULT

Owl Rock Capital Corporation II Increases Public Offering Price

April 9, 2019

Owl Rock Capital Corporation II Increases Public Offering Price

April 5, 2019 | Luke Schmidt | Blue Vault

On April 3, 2019, Owl Rock Capital Corporation II increased its public offering price from $9.52 per share to $9.54 per share, effective as of the April 3, 2019 weekly closing and first applied to subscriptions in good order from March 28, 2019 through April 3, 2019.  The Company determined that an increase was warranted following an increase in their net asset value per share to $9.06 as of April 3, 2019.  Since commencing their continuous public offering and through April 3, 2019, the Company has issued 62,759,297 shares of common stock for gross proceeds of approximately $583.95 million.

Related: Owl Rock’s Public BDC Succeeds by Giving Investors Lower Fees and Quality Credit Portfolio (Part 2 of 3)

Sources: SEC, Blue Vault

 

Print Friendly, PDF & Email
Go Back
John E. Moriarty, ChFC
December 2015
February 3, 2016

I have been in the financial services industry for 20 years and our firm provides an education platform that gets clients to “think differently” about their financial picture.  For many years we have communicated to clients the need to diversify their portfolios using alternative asset classes and more specifically, private non-traded investments.  Due diligence on these types of financial vehicles is essential and when I learned about Blue Vault in 2010, our firm immediately began using their material as a tool to build confidence in the minds of our advisors on which alternatives to recommend to clients.  I am impressed with the way Blue Vault continues to add value to their subscribers and I view their publication as a tremendous resource in today’s complex world.