Core Points - Blue Owl Capital Corporation III (NYSE: OBDE) has declared a special dividend of $0.52 per share, payable in cash on or before January 31, 2025, to shareholders of record as of December 31, 2024 [1][2] - The special dividend reflects OBDE's undistributed taxable income estimated to remain as of the merger closing and includes any unpaid special dividends previously declared [3] - The merger with Blue Owl Capital Corporation (NYSE: OBDC) is expected to close promptly after the shareholder meetings scheduled for January 8, 2025, assuming approval from both OBDE and OBDC shareholders [2][4] Company Overview - Blue Owl Capital Corporation III is a specialty finance company focused on lending to U.S. middle-market companies, with investments in 185 portfolio companies valued at an aggregate fair value of $4.2 billion as of September 30, 2024 [4] - OBDE is regulated as a business development company under the Investment Company Act of 1940 and is externally managed by Blue Owl Diversified Credit Advisors LLC, an SEC-registered investment adviser [4]
Blue Owl Capital Corporation III Declares Special Dividend of $0.52 Per Share