US Stock Market Movement | Blue Owl Capital drops over 1% pre-market, NatWest falls over 3% amid reports both companies have exposure to the collapsed real estate lending institution
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Gelonghui, March 9|Blue Owl Capital (OWL.US), which closed down 5.09% last Friday (March 6), continued to fall by 1.42% in pre-market US trading today, quoted at $9.75. NatWest (NWG.US), which closed down 1.4% last Friday, continued to fall by 3.22% in pre-market US trading today, quoted at $15.02. In terms of news, Century Capital Partners, a real estate lending institution headquartered in London, entered bankruptcy administration in February this year. Media reports citing sources said that Blue Owl Capital provided funding support for the riskiest tranche of loans to the company. The news also indicated that NatWest Group is one of Century Capital's senior creditors. (Gelonghui)
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