Eversheds Sutherland Advises on Blue Owl Technology Finance Corp. and Blue Owl Technology Finance Corp. II Merger Agreement

Eversheds Sutherland Advises on Blue Owl Technology Finance Corp. and Blue Owl Technology Finance Corp. II Merger Agreement

November 26, 2024

United States
United States
United States

Eversheds Sutherland is pleased to announce that it advised the special committee of independent directors of Blue Owl Technology Finance Corp. (“OTF”) in connection with the definitive merger agreement announced earlier this month between OTF and Blue Owl Technology Finance Corp. II ("OTF II"). OTF is the surviving company, subject to certain shareholder approvals and other customary closing conditions. Following the recommendation of each of their special committees, the boards of directors of both OTF and OTF II have unanimously approved the transaction. 

The transaction is expected to create one of the largest BDCs and the largest dedicated software-focused BDC by total assets.

The Blue Owl press release is available here.

Eversheds Sutherland Capital Markets Partner Cynthia Krus led the deal, with support from Capital Markets Partners Kristin Burns and Dwaune Dupree and Tax Partner Jon Sambur; Tax Senior Associate Brian Tschosik; and Capital Markets Associate Lea Schild.
The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer.

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cynthiakrus@eversheds-sutherland.us

Cynthia M. Krus

Partner

Washington, DC, United States

kristinburns@eversheds-sutherland.com

Kristin H. Burns

Partner

New York, United States

Dupree_Dwaune_@300

Dwaune L. Dupree

Partner

Washington, DC, United States

briantschosik@eversheds-sutherland.com

Brian Tschosik

Partner

Washington, DC, United States

leaschild@eversheds-sutherland.com

Lea H. Lambert

Senior Associate

Washington, DC, United States

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