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17:12
The private credit fund under Blue Owl, which was impacted by redemptions, plans to raise $500 million through bond issuance.
According to informed sources, Blue Owl Credit Income Corp. has launched a five-year note issuance with a spread of 2.55 percentage points over US Treasury bonds. This is about 25 basis points narrower than the initial price guidance. The source stated that the proceeds will be used to repay debt. (Bloomberg)
17:05
A US delegation will visit Venezuela to promote changes to local oil-related laws.
This visit aims to address the concerns of international oil companies, and currently no senior US officials are accompanying the delegation.
17:02
Zcash market cap rebounds by 2.5 billions USD due to supply issue fix plan
Zcash market capitalization has increased by $2.5 billion so far due to plans to address supply issues. (Decrypt)
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