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Exhibit 99.1 Owl Rock Capital Corp. Reports Third Quarter Net Investment Income Per Share of $ 0.33 and NAV Per Share of $ 14.95 NEW YORK - November 3 , 2021 - - Owl Rock Capital Corporation ( NYSE : ORCC , or the " Company " ) today reported net investment income of $ 130.5 million , or $ 0.33 per share , and net income of $ 142.9 million , or $ 0.36 per share , for the third quarter ended September 30 , 2021. Reported net asset value per share was $ 14.95 at September 30 , 2021 as compared to $ 14.90 at June 30 , 2021 . " We are very pleased to report strong results this quarter . We experienced a record level of both originations and repayments and were able to seamlessly redeploy capital from those repaid investments into equally attractive new investments , " commented Craig W. Packer , Chief Executive Officer of Owl Rock Capital Corporation . " We are very proud of where our portfolio stands today and to achieve the important milestone of earning our dividend from net investment income this quarter with continued strong credit performance . " The Company's Board of Directors has declared a fourth quarter 2021 dividend of $ 0.31 per share for stockholders of record as of December 31 , 2021 , payable on or before January 31 , 2022 . PORTFOLIO AND INVESTING ACTIVITY For the three months ended September 30 , 2021 , new investment commitments totaled $ 2,794.0 million across 21 new portfolio companies and 13 existing portfolio companies . This compares to $ 1,578.1 million for the three months ended June 30 , 2021 across 16 new portfolio companies and 12 existing portfolio companies . For the three months ended September 30 , 2021 , the principal amount of new investments funded was $ 2,292.6 million . For this period , the Company had $ 2,094.4 million aggregate principal amount in exits and repayments . For the three months ended June 30 , 2021 , the principal amount of new investments funded was $ 1,405.6 million . For this period , the Company had $ 742.7 million aggregate principal amount in exits and repayments . As of September 30 , 2021 and June 30 , 2021 , the Company had investments in 130 and 129 portfolio companies with an aggregate fair value of $ 12.1 billion and $ 11.9 billion , respectively . As of September 30 , 2021 , the average investment size in each portfolio company was $ 93.2 million based on fair value . As of September 30 , 2021 , based on fair value , our portfolio consisted of 77.0 % first lien senior secured debt investments , 14.5 % second lien senior secured debt investments , 1.6 % unsecured notes , 1.5 % preferred equity investments , 3.5 % common equity investments and 1.9 % investment funds and vehicles . As of June 30 , 2021 , based on fair value , our portfolio consisted of 76.2 % first lien senior secured debt investments , 16.5 % second lien senior secured debt investments , 1.6 % unsecured notes , 1.5 % preferred equity investments , 2.8 % common equity investments and 1.4 % investment funds and vehicles . As of September 30 , 2021 and June 30 , 2021 , based on fair value , approximately 91.5 % and 92.7 % of the portfolio was invested in secured debt , respectively . As of September 30 , 2021 , 99.9 % of our debt investments based on fair value in our portfolio were at floating rates . As of September 30 , 2021 and June 30 , 2021 , the weighted average total yield of accruing debt and income producing securities at fair value ( which includes interest income and amortization of fees and discounts ) ¹ was 7.9 % 1 For non - stated rate income producing investments , computed based on ( a ) the dividend or interest income earned for the respective trailing twelve months ended on the measurement date , divided by ( b ) the ending cost or fair value . In instances where historical dividend or interest income data is not available or not representative for the trailing twelve months ended , the dividend or interest income is annualized . Prior to 9/30/2021 , non - stated rate income producing investments were computed based on ( a ) the IRR on the measurement date , divided by ( b ) the ending cost or fair value . As of June 30 , 2021 , weighted average total yield of accruing debt and income producing securities at fair value and cost was reported at 8.3 % and 8.2 % , respectively .