Business
Blue Owl Technology Finance Corp. to Begin Trading on the New York Stock Exchange
Blue Owl Technology Finance Corp. ("OTF" or the "Company"), a leading business development company ("BDC") focused on investing in U.S. upper middle-market technology companies, has received approval from the New York Stock Exchange ("NYSE") and is expected to commence trading tomorrow, June 12, 2025, under the ticker symbol "OTF."
About this update from Blue Owl Technology Finance Corp.
[{"type":"text","content":"Largest publicly traded technology-focused BDC by total assets ","length":62,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, June 11, 2025 /PRNewswire/ -- Blue Owl Technology Finance Corp. ("OTF" or the "Company"), a leading business development company ("BDC") focused on investing in U.S. upper middle-market technology companies, has received approval from the New York Stock Exchange ("NYSE") and is expected to commence trading tomorrow, June 12, 2025, under the ticker symbol "OTF."","length":428,"tagName":"p"},{"type":"text","content":""The listing of OTF on the New York Stock Exchange as the largest technology-focused BDC in the public market highlights the strength of our Credit platform and our innovative technology strategy," said Craig W. Packer, Chief Executive Officer of OTF. "We look forward to OTF's next chapter as a public company and remain committed to delivering attractive risk-adjusted returns to our shareholders."","length":424,"tagName":"p"},{"type":"text","content":"Erik Bissonnette, President of OTF commented, "Today marks a significant milestone for our technology strategy, which we launched in 2018. The success of OTF's listing is underpinned by our strong portfolio performance, excellent credit quality and attractive returns generated for shareholders. Looking ahead, technology lending will remain the cornerstone of OTF's portfolio, reflecting our conviction in the long-term growth and resilience of the asset class."","length":481,"tagName":"p"},{"type":"text","content":"AdvisorsBofA Securities, J.P. Morgan, Keefe Bruyette & Woods, A Stifel Company, RBC Capital Markets, Truist Securities, Citigroup, Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, ING Financial Markets LLC, Mizuho, Morgan Stanley, MUFG, SMBC Nikko, SOCIETE GENERALE and Wells Fargo Securities are serving as lead advisors to the Company in connection with the listing. B. Riley Securities, Inc., Compass Point Research & Trading LLC, Citizens Capital Markets, Ladenburg Thalmann & Co. Inc., Natixis, Oppenheimer & Co., Raymond James & Associates, Inc., Regions Securities LLC, Santander, Scotiabank, R. Seelaus & Co., LLC, and Synovus are also acting as co-advisors. Eversheds Sutherland (US) LLP acted ...