15 April 2026Markets & Economy
Pimco buys entire $400m Blue Owl BDC bond sale
Pimco just bought all $400m worth of bonds from Blue Owl's business development company, signalling institutional appetite for private credit exposure without the direct lending hassle. When the world's biggest bond manager takes an entire BDC deal, it means they see value in the 8-10% yields that direct lending generates. This is private credit going mainstream through public markets.
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