secwatch.observer — SEC 8-K summary
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Issuer:     Blue Owl Capital Corp (OBDC)
CIK:        0001655888
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001193125-23-069106
Event type: debt
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Owl Rock Capital closes $397.7M CLO; issues $228M Class A and $32M Class B notes, terminates prior credit facility
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- Completed $397.7M CLO through subsidiary Owl Rock CLO X; issued $228M Class A notes (SOFR+2.45%) and $32M Class B notes (SOFR+3.60%) due 2035.
- Concurrently, issued 137,700 preferred shares ($137.7M) to Owl Rock Capital as subordinated securities in the CLO transaction.
- Terminated Loan Financing and Servicing Agreement of ORCC Financing III; repaid all outstanding loans.
- Proceeds from CLO for general corporate purposes; ORCA to serve as collateral manager.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1655888/000119312523069106/0001193125-23-069106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1655888/000119312523069106/d363501d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-069106

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