On August 13, Blue Owl Capital Inc. rose 5.17% in regular trading, trading at $12.655/share with turnover of $158 million. The stock continued its upward momentum following the company's successful pricing of a $750 million offering of 6.750% senior notes due 2036, with net proceeds designated for debt repayments.

The offering was upsized by $250 million from the initially discussed amount after receiving substantial investor orders. The 10-year notes, issued through financing subsidiary Blue Owl Finance, were priced to yield 2.20 percentage points above Treasuries — approximately 0.3 percentage points tighter than initial price talk — signaling robust credit market demand and confidence in the company's financial profile.

Within the Asset Management & Custody Banks sector, stocks broadly advanced, with KKR up 4.67%, Ares Management up 4.60%, Blackstone up 2.06%, and BlackRock up 1.79%, while Bank of New York Mellon slipped 0.46%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)