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Owl Rock Capital files for debt offering

Owl Rock Capital Corp filed a registration statement on Form N-2 for a potential offering of unsecured notes.

The proposed maximum aggregate offering price is $300 million, estimated solely for the purpose of calculating the registration fee.

Owl Rock expects to use proceeds from the debt offering to pay down its existing debt. As of March 31, the company had $150.0 million unsecured and unsubordinated debt and $1.2 billion secured debt outstanding.