Bond Azure Owl Income 7.75% ( US69120VAN10 ) in USD
| Issuer | Azure Owl Income |
| Market price | |
| Country | United States
|
| ISIN code |
US69120VAN10 ( in USD )
|
| Interest rate | 7.75% per year ( payment 2 times a year) |
| Maturity | 16/09/2027 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 2 000 USD |
| Total amount | 600 000 000 USD |
| Cusip | 69120VAN1 |
| Standard & Poor's ( S&P ) rating | BBB- ( Lower medium grade - Investment-grade ) |
| Moody's rating | Baa3 ( Lower medium grade - Investment-grade ) |
| Next Coupon | 16/03/2026 ( In 128 days ) |
| Detailed description |
Blue Owl Credit Income is a publicly traded closed-end fund that invests primarily in performing and non-performing senior secured loans and other credit instruments, targeting a mix of middle-market and large-corporate borrowers. An insightful examination of a fixed-income instrument issued by Blue Owl Credit Income reveals key details for prospective investors. Blue Owl Credit Income, a prominent business development company (BDC) within the Blue Owl Capital Inc. ecosystem, specializes in originating and investing in loans to middle-market companies across the United States, aiming to generate consistent income and capital appreciation through its strategic credit investments. The bond in question, identified by ISIN US69120VAN10 and CUSIP 69120VAN1, is a U.S.-domiciled obligation denominated in USD. It carries an attractive annual interest rate of 7.75%, with interest distributions occurring semi-annually, aligning with its specified payment frequency of two times per year. The bond is slated for maturity on September 16, 2027, offering a defined term for investors. Currently, the market price for this security stands at 99.4293% of its par value. The total issuance size of this particular bond is substantial, amounting to $600,000,000, with a minimum purchase requirement set at $2,000. Reinforcing its standing within the debt markets, the bond has been assigned investment-grade ratings from leading credit agencies: a 'BBB-' from Standard & Poor's (S&P) and a 'Baa3' from Moody's. These ratings position the bond within the lower investment-grade spectrum, indicating a moderate level of credit risk while still representing a stable debt instrument in the current financial landscape. |
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