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.