NEW YORK, May 6 (Reuters) – A Blue Owl Capital publicly traded private credit fund cut its dividend on Wednesday as it reported a decrease in its net asset value per share in the first quarter, a move it attributed to rising borrowing costs across debt markets.
OBDC said in a filing it was reducing its dividend to 0.31 cents per share from 0.36 cents per share.
(Reporting by Isla Binnie; Editing by Chris Reese)
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