WebApr 17, 2024 · Should ORCC II seek approval to reduce the asset coverage requirement in the future, Fitch will assess the firm's leverage plans in the context of portfolio risk. ORCC II's leverage at Dec. 31, 2024 implied an asset coverage cushion of 25.7%, which is within Fitch's 'bbb' category quantitative benchmark range of 11%-33%. WebOwl Rock Capital Corporation (NYSE: ORCC) ("ORCC") today announced it will release its financial results for the first quarter ended March 31, 2024 on Wednesday, May 10, 2024 …
Fitch Affirms Owl Rock Capital Corporation II
WebApr 8, 2024 · ORCC's NII will be positively affected by rising interest rates and could further benefit from a rotation into higher-yielding investments, such as unitranche loans. ORCC's leverage (par debt-to-equity) was 1.21x at YE 2024, which was up from 0.93x at YE 2024 following robust origination activity. WebMay 31, 2024 · ORCC remains underleveraged and is targeting a debt-to-equity ratio up to 1.25 (currently 0.93 net of cash) giving the company plenty of growth capital. “Thinking ahead to the rest of this year, we expect interest income to continue to increase each quarter over the coming quarters, as we modestly increase our leverage within our target range. csharp interactive shell
Sorting out tax exempts’ UBTI painlessly
WebFeb 25, 2024 · Owl Rock Capital's management and incentive fees are aligned with shareholder interests, and management has shown restraint in using leverage. ORCC's … WebMoody’s CreditView is our flagship solution for global capital markets that incorporates credit ratings, research and data from Moody’s Investors Service plus research, data and content from Moody’s Analytics. WebAt Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you … eac turn off