Owl Rock Capital Corp Annual Shareholders Meeting Transcript
Welcome to the 2020 Annual Meeting for Owl Rock Capital Corp. Our host for today's call is Craig Packer. (Operator Instructions)
I'll now turn the call over to your host. Mr. Packer, you may begin, sir.
Good morning. I am Craig Packer, Chief Executive Officer and a Director of Owl Rock Capital Corporation. I also will be serving as Chairman for this annual meeting. Due to concerns regarding COVID-19, we are holding this meeting virtually via webcast.
The principal business of this annual meeting is to: one, elect 2 directors; two, ratify the selection of KPMG LLP; and three, vote to allow Owl Rock Capital Corporation to increase this leverage by approving the application to the company of the minimum asset coverage ratio of 150% pursuant to Section 61(a)(2) of the Investment Company Act of 1940, as amended, to become effective the date after the annual meeting, which would permit the company to double the maximum amount of leverage that is currently committed
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