Blue Owl Investors Reject Discounted Buyout Offer from Saba Capital

Shareholders of Blue Owl Capital Corp. II have overwhelmingly declined a tender offer from Saba Capital Management and Cox Capital Partners. Less than 1% of shares were tendered before the offer expired last week.

• Tender offer for Blue Owl Capital Corp. II expired last week
• Less than 1% of shares were tendered to Saba Capital and Cox Capital
• The offer proposed a steep discount to the shares
• No extension of the offer period was granted
• Investors showed strong resistance to the buyout attempt