Blue Owl Capital Revises Share-Backed Personal Loan Terms Due to Falling Stock Prices
Blue Owl Capital (OWL) is revising the terms of personal loans taken by its co-CEOs against their shares due to declining stock prices. The company has lost approximately 20% of its value, prompting the changes. The Wall Street Journal reported that the revisions are based on information from people familiar with the matter.
Tickers: $OWL
Topics: Blue Owl Capital co-CEOs loan revisions personal loans stock price decline