---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-166894"
form_type: "8-K"
ticker: null
cik: "0001812554"
company_name: "Blue Owl Credit Income Corp."
filed_at: "2023-06-14T23:59:59+00:00"
generated_at: "2026-06-14T01:28:31.797850+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Owl Rock Core Income Corp. issues $500M 7.950% notes due 2028, net proceeds ~$490.9M to repay credit facilities

## Summary
- $500M aggregate principal of 7.950% notes due June 13, 2028; interest payable semi-annually.
- Net proceeds of ~$490.92M after underwriter fees and expenses of ~$0.85M.
- Proceeds to reduce outstanding Revolver ($541M) and SPV Asset Facility I ($550M).
- Notes are unsecured, rank pari passu with existing unsecured notes and effectively junior to secured debt.
- Registration rights agreement requires exchange offer filing within 365 days.

## SEC filing metadata
- accession: 0001193125-23-166894
- form_type: 8-K
- cik: 0001812554
- company_name: Blue Owl Credit Income Corp.
- filed_at: 2023-06-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812554/000119312523166894/0001193125-23-166894-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812554/000119312523166894/d501398d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-166894
- JSON: https://secwatch.observer/filing/0001193125-23-166894.json
- Plain text: https://secwatch.observer/filing/0001193125-23-166894.txt

## Key facts
- Debt Financings
  Blue Owl Credit Income Corp. incurred senior notes of $500 million with RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Truist Securities, Inc. and Wells Fargo Securities, LLC at 7.950% maturing June 13, 2028.
  - Instrument: senior notes
  - Principal: $500 million
  - Counterparty: RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Truist Securities, Inc. and Wells Fargo Securities, LLC
  - Rate: 7.950%
  - Maturity: June 13, 2028
  - Event: incurrence
  source text: completed its previously announced offering of $500 million aggregate principal amount of its 7.950% notes due 2028
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312523166894/0001193125-23-166894-index.htm
- Material Agreements
  Blue Owl Credit Income Corp. entered into Purchase Agreement dated June 6, 2023 with RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Truist Securities, Inc., and Wells Fargo Securities, LLC, as representatives of the several initial purchasers valued at $500 million aggregate principal amount of 7.950% notes due 2028 (effective 2023-06-06).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Truist Securities, Inc., and Wells Fargo Securities, LLC, as representatives of the several initial purchasers
  - Value: $500 million aggregate principal amount of 7.950% notes due 2028
  - Effective: 2023-06-06
  source text: The offering was consummated pursuant to the terms of a purchase agreement (the “Purchase Agreement”) dated June 6, 2023 among the Company and Owl Rock Capital Advisors LLC (the “Adviser”), on the one hand, and RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Truist Securities, Inc. and Wells Fargo Securities, LLC, as representatives of the several initial purchasers listed on Schedule 1 thereto (the “Initial Purchasers”), on the other hand.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312523166894/0001193125-23-166894-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.