April 14 (Reuters) - U.S. bond giant Pimco has purchased all $400 million of bonds issued by a Blue Owl Capital private credit fund, Bloomberg News reported on Tuesday, citing people familiar with the matter.
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<li>The bonds, which mature in September 2028 and were priced to yield 6.5%, were sold by publicly traded fund Blue Owl Capital Corp (OBDC.N) , a regulatory filing showed.</li>
<li>The bonds were rated Baa2 by Moody’s Ratings, BBB- by S&amp;P Global Ratings, and BBB by Fitch Ratings.</li>
<li>The deal comes as spreads on debt linked to major funds widen due to jitters in the private credit market, driven by concerns over valuations, transparency and the broader economic outlook.</li>
<li>Blue Owl Capital, Ares Management (ARES.N) , Apollo Global, Blackstone (BX.N) , and KKR (KKR.N) have all limited redemptions from private credit funds.</li>
<li>Pimco declined to comment, while Blue Owl did not immediately respond to Reuters’ request for comment.</li>
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OBDC

VCLT

Reuters

Blue Owl Capital

Vanguard Long Term Bd

PIMCO Muni Income II

iShares Trust iShares 1-5 Year Invest Grade Corp Bond ETF

iShares Broad USD HY Corporate Bd

PIMCO Income Strategy Fd

iShares 0-5 YR HY Corp Bd

PIMCO High Income

SPDR Bloomberg High Yld  Bd ETF

iShares iBoxx  HY Corp Bd

SPDR Intermed Term

Vanguard Short Term Bd

PIMCO Corp & Income Opportunity

iShares iBoxx  Invt

SPDR Portfolio High Yield Bond ETF

Vanguard Intermediate Term Bd

Schwab 5-10 Year Corp Bond ETF

PIMCO Corp & Income Strategy Fd

PIMCO Dynamic Income Fd

ARES Management LP

Apollo Global

Blackstone

Moodys

S&P Global

Blue Owl Capital III

Blue Owl Tech Finance

ARES MANAGEMENT CORPORATION 6.75% MAN PFD CONV SER B

APOLLO GLOBAL MANAGEMENT INC 6.75% CONV PFD STK SER A

Apollo Global Management Pref Share APO 7.625 09/15/53

KKR Group Fin Co IX LLC Pref Share KKRS 4.625 04/01/61

KKR & CO INC 6.25% MAND CONV PREF SHARES SER D

KKR & Co. Inc.

Pimco buys entire $400 million Blue Owl private credit bond deal, Bloomberg News reports