Pimco Buys All $400 Mln of Bonds Sold by Blue Owl BDC
Pacific Investment Management Co. bought all $400 million of bonds issued Monday by a Blue Owl Capital Inc. private credit fund, according to people with knowledge of the matter. The deal is a vote of confidence for a private credit industry that’s been battered by record redemption requests and deepening concerns over valuations, liquidity and transparency. Bloomberg’s Sinead Cruise reports.
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