Key Developments: Oaktree Capital Group LLC (OAK.N)

OAK.N on New York Stock Exchange

52.10USD
3 Mar 2015
Change (% chg)

$-1.72 (-3.20%)
Prev Close
$53.82
Open
$52.00
Day's High
$52.45
Day's Low
$51.99
Volume
613,953
Avg. Vol
44,697
52-wk High
$62.21
52-wk Low
$45.30

Search Stocks

Latest Key Developments (Source: Significant Developments)

Oaktree Capital Group, LLC announces pricing of public offering of class A Units
8:45am EST 

Oaktree Capital Group LLC:Announced the pricing of its previously announced public offering of 4,000,000 Class A units for expected approximate gross proceeds of $210 million before underwriting discounts and commissions and estimated offering expenses payable by Oaktree.Says Morgan Stanley & Co. LLC will act as underwriter for the offering. In addition, the underwriter has been granted a 30-day option to purchase up to an additional 600,000 Class A units.Oaktree intends to use the net proceeds from the offering to acquire interests in its business from certain of its directors, current and former employees and other investors, including certain senior executives and other members of its senior management.Accordingly, Oaktree will not retain any proceeds from the sale of Class A units in the offering. The offering is expected to close on March 6, subject to customary closing conditions.  Full Article

Oaktree Capital Group LLC announces launch of public offering of Class A Units
Monday, 2 Mar 2015 04:05pm EST 

Oaktree Capital Group LLC:Announced a public offering of 4,000,000 Class A units by Oaktree.Says Morgan Stanley & Co. LLC will act as underwriter for the offering. In addition, the underwriter has been granted a 30-day option to purchase up to an additional 600,000 Class A units.Oaktree intends to use the net proceeds from the offering to acquire interests in its business from certain of its directors, current and former employees and other investors, including certain senior executives and other members of its senior management.Accordingly, Oaktree will not retain any proceeds from the sale of Class A units in the offering.  Full Article

Oaktree Capital Group LLC declares Q4 2014 distribution
Monday, 9 Feb 2015 08:30am EST 

Oaktree Capital Group LLC:Declares distribution attributable to the Q4 2014 of $0.56 per Class A unit.This distribution will be paid on Feb. 25, to Class A unitholders of record at the close of business on Feb.19.  Full Article

Oaktree Capital Group LLC declares Q3 2014 distribution
Thursday, 30 Oct 2014 08:30am EDT 

Oaktree Capital Group LLC:Declares a distribution attributable to Q3 2014 of $0.62 per Class A unit.Distribution will be paid on Nov. 13 to Class A unitholders of record at the close of business on Nov. 10.  Full Article

Oaktree Capital Group LLC announces expansion of senior leadership team
Monday, 6 Oct 2014 08:30am EDT 

Oaktree Capital Group LLC:Says Jay Wintrob will join Oaktree in the newly created position of chief executive officer, effective Nov. 1.Says Bruce Karsh, President and a Co-Founder of Oaktree, will join Howard Marks in the role of Co-Chairman.Says Karsh will continue as Oaktree's Chief Investment Officer and as portfolio manager for its Distressed Opportunities and Value Opportunities strategies.  Full Article

Oaktree Capital Group, LLC announces $250 mln offering of senior notes
Thursday, 12 Jun 2014 08:30am EDT 

Oaktree Capital Group, LLC:Receives commitments from certain accredited investors to purchase $250 mln of senior notes.Says notes of its indirect subsidiaries Oaktree Capital Management, L.P., and Oaktree Capital I, L.P., Oaktree Capital II, L.P. and Oaktree AIF Investments, L.P. with maturities ranging from 10 to 15 years.Intends to use proceeds from sale of the Notes for working capital and general corporate purposes.  Full Article

Oaktree Capital Group LLC announces pricing of public offering of class A units
Wednesday, 5 Mar 2014 08:30am EST 

Oaktree Capital Group LLC:Pricing of previously announced public offering of 5,000,000 Class A units for expected approximate gross proceeds of $300 million.Underwriter has been granted a 30-day option to purchase up to an additional 750,000 Class A units to cover overallotments.Intends to use the net proceeds from the offering to acquire interests in its business from certain of its directors, employees and other investors.Offering is expected to close on March 10.  Full Article

Oaktree Capital Group LLC announces launch of public offering of class A units
Tuesday, 4 Mar 2014 04:39pm EST 

Oaktree Capital Group LLC:Launched a public offering of 5,000,000 Class A units.BofA Merrill Lynch will act as underwriter for the offering.Intends to use the net proceeds to acquire interests in its business from certain of its directors, employees and other investors, including certain Principals and other members of its senior management.  Full Article

Oaktree Capital Group LLC declares distribution
Thursday, 13 Feb 2014 08:30am EST 

Oaktree Capital Group LLC:Says it has declared a distribution attributable to the fourth quarter of 2013 of $1.00 per Class A unit.Distribution will be paid on Feb. 27 to Class A unitholders of record at the close of business on Feb. 24.  Full Article

Oaktree Capital Group LLC Declares Distribution
Tuesday, 6 Aug 2013 08:30am EDT 

Oaktree Capital Group LLC announced that it has declared a distribution attributable to the second quarter of 2013 of $1.51 per Class A unit. This distribution will be paid on August 20, 2013 to Class A unitholders of record at the close of business on August 16, 2013.  Full Article

Exclusive: AdvancePierre Foods mulls sale for $2 billion or more - sources

- AdvancePierre Foods is interviewing investment banks to prepare for a sale that could value the private equity-owned protein and sandwich supplier at more than $2 billion, including debt, according to people familiar with the matter.

Search Stocks