WINGSPIRE CAPITAL AGENTS $50 MILLION SENIOR SECURED CREDIT FACILITY TO CONSERV CAPITAL

ATLANTA – October 3, 2023 — Wingspire Capital LLC (“Wingspire”) agented a $50 million senior secured credit facility to Conserv Capital, LLC, (“Conserv”) which provides equipment financing for small to mid-sized businesses in the construction industry and for independent owner-operators in the long-haul trucking industry.

Conserv has more than 750 customers who finance their equipment purchases from manufacturers including Caterpillar, John Deere, Komatsu, Bobcat, Hyundai, Kubota, Doosan and others.

Proceeds are being used to purchase a portfolio and increase operating leverage to support future growth.  Conserv is sponsored by Blue Elephant Capital Management and was advised by Oppenheimer & Co. Inc. on the transaction.

ABOUT WINGSPIRE CAPITAL

Wingspire Capital offers one-stop solutions of up to $200 million for middle market companies, including revolving lines of credit, cash flow loans, fixed asset term loans, first-out term loans & revolvers, lender finance solutions, equipment leases, and sale leasebacks.  Industries financed include business services, consumer products, e-commerce & retail, food & beverage, manufacturing, distribution, transportation & logistics, automotive, technology applications and financial services.

Wingspire Capital is a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC). OBDC is externally managed by Blue Owl Credit Advisors LLC, an indirect affiliate of Blue Owl Capital, Inc. (NYSE: OWL). Blue Owl Capital, Inc. is a global alternative asset manager with $150 billion of assets under management as of June 30, 2023. For further information about Wingspire Capital, visit www.wingspirecapital.com.

ABOUT BLUE ELEPHANT CAPITAL MANAGEMENT

Blue Elephant is a New York based private credit asset manager established in 2013. It provides capital solutions across a range of specialty finance and asset-based lending verticals.

In May 2023, Blue Elephant was acquired by MA Financial Group. MA Financial Group is an Australia-based, ASX-listed firm specialising in managing alternative assets, lending, corporate advisory and equities. Launched in 2009 as a joint venture with NYSE-listed investment bank Moelis & Company, MA Financial has over AUD$8.5 billion in assets under management, has advised on over AUD$100 billion of transactions and raised over AUD$14 billion of equity capital for clients.