Owl Rock Capital Corp, a specialty finance company that lends to U.S. middle-market companies, filed for an IPO on April 15.
The company did not disclose the public offering price, expected net proceeds, where it expects its shares to be traded or the IPO managers.
The board also approved a plan to repurchase its common shares after the IPO. The amount of shares to be repurchased under the buyback plan was also not disclosed.
Owl Rock Capital expects to use the net proceeds from the IPO to pay down its existing debt.