Blue Owl Capital Corp (OBDC) News & EventsOBDCNews & EventsBlue Owl Capital Corp

Wingspire Equipment Finance Closes $140M Transaction

Wingspire Equipment Finance announced the closing of a $140M large equipment financing transaction with a private equity-backed company providing GPU cloud computing capacity to AI labs, enterprise customers, and public-sector organizations. The funding advances the continued expansion of the company's high-performance cloud platform. The company operates a dedicated GPU cloud platform for AI workloads, enabling customers to access compute capacity for training, fine-tuning, and inference. The capital provided by Wingspire Equipment Finance funded high-density GPU servers that form part of the digital backbone needed for advanced AI workloads.

OBDC Net Asset Value Per Share Drops to $14.26

Net asset value per share of $14.26, as compared to $14.41 as of March 31, 2026, primarily reflecting markdowns on a small number of names, partially offset by over-earning the dividend and accretive share repurchases. "We are pleased with OBDC's performance this quarter, generating strong earnings resulting in a 9.6% annualized return on adjusted net investment income and healthy dividend coverage. Portfolio company operating trends remained stable, and credit performance continued to track in line with expectations," said Craig Packer, Chief Executive Officer. "As market conditions continue to stabilize and investment opportunities become increasingly attractive, we believe OBDC is well positioned to deploy capital selectively. With leverage at a two-year low and a strong liquidity profile, we have meaningful flexibility to capitalize on compelling investment opportunities as we focus on delivering attractive risk-adjusted returns for shareholders."

OBDC Net Asset Value Per Share Drops to $14.41

Net asset value per share of $14.41, as compared with $14.81 as of December 31, 2025, primarily reflecting the impact of credit spread widening on the portfolio. "OBDC's credit performance remains strong, with no new non-accruals and steady borrower performance," said Craig Packer, Chief Executive Officer. "While the quarter reflected a more challenging earnings environment driven by lower base rates and tighter spreads, our portfolio is delivering solid performance, and our balance sheet is strong. With healthy repayments, lower leverage and approximately $4 billion of available liquidity, we have the flexibility to capitalize on an increasingly attractive deployment environment at wider spreads."