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Owl Rock Capital IPO underwriters fully exercise overallotment option

Underwriters for Owl Rock Capital Corp.'s IPO of 10 million common shares fully exercised their option to purchase an additional 1.5 million shares at a public offering price of $15.30 per share.

The company intends to use the net proceeds of the offering to pay down existing debt, to make investments and for general corporate purposes.

Goldman Sachs & Co. LLC, BofA Merrill Lynch, RBC Capital Markets, SunTrust Robinson Humphrey, Wells Fargo Securities, Credit Suisse, Deutsche Bank Securities, JMP Securities, Keefe Bruyette & Woods, Morgan Stanley, Raymond James and Société Générale are acting as joint book-running managers for the offering. ING, Janney Montgomery Scott, Ladenburg Thalmann, MUFG and Seaport Global are acting as co-managers.