Certain Blue Owl BDCs to Sell $1.4 Billion of Assets to Institutional Investors

Investments sold at fair value, representing 99.7% of par value

Transaction provides significant return of capital distribution to OBDC II shareholders

NEW YORK, Feb. 18, 2026 /PRNewswire/ — Certain Blue Owl BDCs today announced that they have entered into separate definitive agreements with four leading North American public pension and insurance investors to opportunistically sell $1.4 billion of direct lending investments at 99.7% of par value as of February 12, 2026.