Saba Capital Management, Cox Capital Partners Issue Notice To Blue Owl Capital Corporation II, Blue Owl Technology Income Corp., Blue Owl Credit Income Corp. For Commencing Tender Offer To Acquire Part Of Their Outstanding Shares In Cash

Owl Rock Capital Corporation +0.93%
Blue Owl Capital Inc. Class A Common Stock -1.61%

Owl Rock Capital Corporation

OBDC

10.86

+0.93%

Blue Owl Capital Inc. Class A Common Stock

OWL

8.57

-1.61%

Saba Capital Management, L.P. (together with certain of its affiliates, "Saba") and Cox Capital Partners ("Cox") (together with Saba, the "Purchasers") today disclosed that they provided notice to Blue Owl Capital Corporation II ("OBDC II") on February 17, 2026 of their intention to commence a tender offer to purchase a portion of outstanding shares of OBDC II in cash. The Purchasers subsequently notified Blue Owl Technology Income Corp. ("OTIC") and Blue Owl Credit Income Corp. ("OCIC") of their intention to commence similar tender offers.

The Purchasers' tender offers would provide a liquidity solution to retail investors in the wake of a significant industry-wide increase in BDC redemption requests, multiple quarters of net outflows and a rise in redemption gate provisions.