Skip to main content

OTF & OTF II merger

On November 13, 2024, Blue Owl Technology Finance Corp. (”OTF”) and Blue Owl Technology Finance Corp. II (”OTF II”) announced that they entered into a definitive merger agreement, with OTF as the surviving company. Upon closing, the proposed merger is expected to create one of the largest BDCs and the largest dedicated software-focused BDC by total assets*.

Information

Questions? Contact us

*BDC ranking based on latest publicly available filings as of November 8, 2024. Combined company assets of $15.8 billion are as of September 30, 2024, and assume $1.6 billion of remaining OTF II uncalled capital commitments are called and combined company reaches leverage of 1.0x debt-to-equity, within targeted leverage range of 0.90x-1.25x.