Filed pursuant to Rule 497(a)

Registration No. 333-258945

Rule 482ad

[TEXT OF COMMUNICATION SENT VIA BLOOMBERG]

 

Issuer/Ticker    Blue Owl Capital Corp ( OBDC )
Tenor    5 Year
Tranche Size    USD 600MM
Re-offer Price    98.818
Spread to Benchmark    +220bps
Re-offer Yield    6.218%
Benchmark    T 3 34 12/31/28
Benchmark Price    98-2534
Benchmark Yield    4.018%
Settlement    T+3 (Jan 22, 2024)
Coupon    5.950%
Cusip    69121KAH7
ISIN    US69121KAH77
Maturity Date    Mar 15, 2029
First Pay    Sep 15, 2024
Ratings   

Moody’s (Exp): Baa3/Stable

S&P (Exp): BBB-/Stable

Fitch (Exp): BBB-/Positive

DBRS (Exp): BBB/Positive

Format    SEC Registered
Ranking    Sr Unsecured Note
Coupon Type    Fixed
Optional Redemption   

Make Whole Call: T + 35bps

Par Call: 1 month(s) prior to maturity

Use of Proceeds    To refinance existing debt
Denominations    2,000 x 1,000
Sale into Canada    Yes - Exemption