Blue Owl Capital Corp III: Good Q2 And A Merger Catalyst

Richard Drury In this article, we catch up on the BDC Blue Owl Capital Corp III (NYSE:OBDE) and discuss its latest quarterly result. We also highlight the announced merger with its sister BDC Blue Owl Capital Corp (OBDC) and why it is a good result for OBDE. For the quarter, OBDE and OBDC delivered a total NAV return of 2.1% - slightly below the average so far in the sector. We have covered the previous earnings release here. We rate the stock a Buy rating as the fundamentals have remained stable, but the m ...