---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-180485"
form_type: "8-K"
ticker: null
cik: "0001807427"
company_name: "Blue Owl Capital Corp III"
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T14:14:46.065018+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Owl Rock Capital Corp III issues $100M 8.10% Series 2023A Notes due 2028

## Summary
- $100M aggregate principal of Series 2023A Notes at 8.10% fixed rate, due June 29, 2028.
- Notes sold to Fortitude Re Investments ($68M), USAA Life Insurance ($24.5M), and American General Life Insurance ($7.5M).
- Interest payable semi-annually; notes are unsecured, rank pari passu with other unsecured debt.
- Covenants include minimum net worth of $800M and asset coverage ratio of 1.50:1.0.
- Notes may be redeemed at par plus make-whole premium; change-in-control prepayment clause applies.

## SEC filing metadata
- accession: 0001193125-23-180485
- form_type: 8-K
- cik: 0001807427
- company_name: Blue Owl Capital Corp III
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1807427/000119312523180485/0001193125-23-180485-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1807427/000119312523180485/d505351d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-180485
- JSON: https://secwatch.observer/filing/0001193125-23-180485.json
- Plain text: https://secwatch.observer/filing/0001193125-23-180485.txt

## Key facts
- Debt Financings
  Blue Owl Capital Corp III incurred senior notes of $100,000,000 at 8.10% per year maturing June 29, 2028.
  - Instrument: senior notes
  - Principal: $100,000,000
  - Rate: 8.10% per year
  - Maturity: June 29, 2028
  - Event: incurrence
  source text: governing the issuance of $100,000,000 in aggregate principal amount of Series 2023A Notes, due June 29, 2028, with a fixed interest rate of 8.10% per year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1807427/000119312523180485/0001193125-23-180485-index.htm

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