Moody's cuts outlook on Blue Owl fund to negative over surge in redemption requests
Blue Owl Capital +0.41%
Owl Rock Capital Corporation -0.08%
Blue Owl Capital OWL | 9.89 | +0.41% |
Owl Rock Capital Corporation OBDC | 11.78 | -0.08% |
April 7 (Reuters) - Ratings agency Moody's said on Tuesday that it had downgraded its outlook on one of Blue Owl's OWL.N funds over significantly higher-than-peer redemption requests in the first quarter.
Moody's cut its outlook on Blue Owl Credit Income Corp (OCIC), a $36 billion fund, to negative from stable.
