Blue Owl Capital Inc. (NYSE:OWL) ("Blue Owl") today reported its financial results for the first quarter ended March 31, 2024.
Blue Owl Capital (OWL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
PCF Insurance Services, a top 20 U.S. insurance brokerage, has closed $400 million in incremental debt financing led by Blue Owl, a global alternative asset manager that acted as lead arranger and administrative agent. The financing was materially oversubscribed and was upsized from $300 million to $400 million in response to strong demand from new and existing lenders. In addition, the company reduced the margin on the majority of its debt by 50 basis points, which will represent a significant