Business
Blue Owl Technology Finance Corp. Announces March 31, 2026 Financial Results
Blue Owl Technology Finance Corp. (NYSE: OTF) ("OTF" or the "Company") today announced financial results for its first quarter ended March 31, 2026.
About this update from Blue Owl Technology Finance Corp.
[{"type":"text","content":"NEW YORK, May 6, 2026 /PRNewswire/ -- Blue Owl Technology Finance Corp. (NYSE: OTF) ("OTF" or the "Company") today announced financial results for its first quarter ended March 31, 2026.","length":216,"tagName":"p"},{"type":"text","content":"FIRST QUARTER 2026 HIGHLIGHTS","length":29,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"First quarter GAAP net investment income ("NII") per share of $0.37","length":77,"tagName":"p"}]},{"val":[{"type":"text","content":"First quarter adjusted NII per share of $0.29(1)","length":48,"tagName":"p"}]},{"val":[{"type":"text","content":"Dividends declared for the second quarter were $0.40 per share, including a base dividend of $0.35 per share and a special dividend of $0.05 per share declared in connection with the listing","length":190,"tagName":"p"}]},{"val":[{"type":"text","content":"Net asset value per share decreased to $16.49, as compared with $17.33 last quarter, primarily driven by unrealized losses from the impact of credit spread widening on the portfolio","length":181,"tagName":"p"}]},{"val":[{"type":"text","content":"New investment commitments for the first quarter were $1.7 billion and sales and repayments were $1.1 billion, as compared with $2.3 billion of new investment commitments and $0.9 billion of sales and repayments for the three months ended December 31, 2025","length":261,"tagName":"p"}]},{"val":[{"type":"text","content":"Net debt-to-equity ended at 0.85x, as compared with 0.75x as of December 31, 2025","length":86,"tagName":"p"}]},{"val":[{"type":"text","content":"Investments on non-accrual represented 0.3% and 0.1% of the portfolio at cost and fair value, respectively, as compared with 0.4% and 0.2% as of December 31, 2025","length":167,"tagName":"p"}]},{"val":[{"type":"text","content":"OTF repurchased approximately $50.2 million of OTF common stock, which was accretive to net asset value per share in the first quarter","length":134,"tagName":"p"}]},{"val":[{"type":"text","content":"Approximately 80% of each pre-listing shareholder's position has been released from lock-up, with two remaining releases scheduled in equal tranches of approximately 10.6% each month until June 12, 2026","length":206,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1350,"olType":false},{"type":"...