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Blue Owl slashes Loparex loan valuation as bankruptcy risk mounts

Blue Owl Capital has sharply reduced the value of its loans to specialty materials manufacturer Loparex, highlighting renewed concerns over credit quality and valuation practices across the $1.8tn…

  • Blue Owl reduces Loparex loan valuation to 5 cents on the dollar
  • Moody's designates Loparex as in default, warns of Chapter 11
  • Proposed merger failure prompts valuation adjustments

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