---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-180483"
form_type: "8-K"
ticker: "OBDC"
cik: "0001655888"
company_name: "Blue Owl Capital Corp"
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T14:01:43.190677+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Owl Rock Capital subsidiary CLO I converts indenture from LIBOR to term SOFR

## Summary
- Supplemental indenture dated June 28, 2023 for Owl Rock CLO I, Ltd. and LLC.
- Reference rate for CLO notes switched from LIBOR to term SOFR plus a spread adjustment.
- Amendment is a Base Rate Amendment permitted under the original indenture.
- Conditions under Section 8.1 and 8.3 of the indenture were satisfied.
- No changes to principal amounts, interest rates, or payment priority.

## SEC filing metadata
- accession: 0001193125-23-180483
- form_type: 8-K
- ticker: OBDC
- cik: 0001655888
- company_name: Blue Owl Capital Corp
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1655888/000119312523180483/0001193125-23-180483-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655888/000119312523180483/d495830d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-180483
- JSON: https://secwatch.observer/filing/0001193125-23-180483.json
- Plain text: https://secwatch.observer/filing/0001193125-23-180483.txt

## Key facts
- Debt Financings
  Blue Owl Capital Corp amended senior notes with State Street Bank and Trust Company at term SOFR plus a spread adjustment.
  - Instrument: senior notes
  - Counterparty: State Street Bank and Trust Company
  - Rate: term SOFR plus a spread adjustment
  - Event: amendment
  source text: converted the reference rate applicable to the securities issued under the Indenture from LIBOR to term SOFR plus a spread adjustment.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655888/000119312523180483/0001193125-23-180483-index.htm
- Material Agreements
  Blue Owl Capital Corp amended Supplemental Indenture with Owl Rock CLO I, Ltd., as issuer; Owl Rock CLO I, LLC, as co-issuer; State Street Bank And Trust Company, as collateral trustee (effective 2023-06-28).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: Owl Rock CLO I, Ltd., as issuer; Owl Rock CLO I, LLC, as co-issuer; State Street Bank And Trust Company, as collateral trustee
  - Effective: 2023-06-28
  source text: On June 28, 2023 (the “ Amendment Date ”), Owl Rock CLO I, LLC, a subsidiary of Owl Rock Capital Corporation (the “ Company ”), entered into a supplemental indenture (the “ Supplemental Indenture ”) to that indenture and security agreement dated as of May 28, 2019 (as supplemented by the Supplemental Indenture, the “ Indenture ”) by and among Owl Rock CLO I, Ltd., as issuer, Owl Rock CLO I, LLC, as co-issuer, and State Street Bank And Trust Company, as collateral trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655888/000119312523180483/0001193125-23-180483-index.htm

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