Blue Owl (OTF) President Significantly Raises His Stakes in the Company
Blue Owl Technology Finance Corp. (NYSE:OTF) is one of the 12 Dividend Stocks With High Insider Buying.
Blue Owl Technology Finance Corp. (NYSE:OTF)’s President, Erik Bissonnette, purchased 10,000 shares of the company’s stock in a transaction valued at $147,000 on January 30, 2026. This marks the second significant purchase from the company’s President in the last three months. Earlier, on November 21, 2025, Erik made a notable purchase, acquiring 12,500 shares of the company’s stock. The transaction was valued at $165,824.
Prior to the most recent insider purchase, Blue Owl Technology Finance Corp. (NYSE:OTF) announced a $400 million Notes issuance on January 23, 2026. As per the announcement, the company entered into a supplemental indenture with Deutsche Bank for a $400 million issuance of 6.125% unsecured notes due 2031. This transaction was closed on January 23, 2026, and features make-whole and par-call options. With respect to the proceeds, the company intends to use them for meeting the existing debt obligations, including its 2029 senior secured revolving credit facility. The move would enable the company to effectively refinance the balance sheet under specific indenture covenants and investment company leverage limits.
New York-based company, Blue Owl Technology Finance Corp. (NYSE:OTF), is a business development company focused on providing direct lending and equity investments to upper middle-market technology and software firms. The company was founded in 2018.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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