secwatch / observer
8-K filed August 3, 2023, 7:59 PM ET CIK 0001869453
debt confidence high sentiment neutral materiality 0.55

Blue Owl Technology Income Corp.: debt financing — Blue Owl Tech Income subsidiary reduces secured credit facility to $750M from $1B

Blue Owl Technology Income Corp.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Blue Owl Technology Income Corp. amended credit facility of $750,000,000 with Goldman Sachs Bank USA.

Instrument
credit facility
Principal
$750,000,000
Counterparty
Goldman Sachs Bank USA
Event
amendment
Exact text from the filing
The Amendment (i) decreased the Maximum Facility Amount under the Credit Agreement from $1,000,000,000 to $750,000,000
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Blue Owl Technology Income Corp. amended Amendment No. 1 to Credit Agreement and Margining Agreement with Goldman Sachs Bank USA valued at $750,000,000 (effective 2023-07-31).

Action
amendment
Agreement
credit facility
Counterparty
Goldman Sachs Bank USA
Value
$750,000,000
Effective
2023-07-31
Exact text from the filing
On July 31, 2023 (the “ Amendment Date ”), Tech Income Funding I LLC (the “ Tech Income Funding I ”), a subsidiary of Blue Owl Technology Income Corp. (the “ Company ”) entered into Amendment No. 1 to Credit Agreement and Margining Agreement (the “ Amendment ” and the facility as amended the “ Secured Credit Facility ”), which amended (a) that certain Margining Agreement, dated as of April 27, 2022, by and between Tech Income Funding I, as borrower and Goldman Sachs Bank USA, as administrative agent and (b) that certain Credit Agreement, dated as of April 27, 2022, by and among Tech Income Funding I, as borrower, the lenders from time to time parties thereto, Goldman Sachs Bank USA as sole lead arranger, syndication agent and administrative agent, State Street Bank and Trust Company as collateral administrator and collateral agent and Alter Domus (US) LLC as collateral custodian. Among other changes, the Amendment (i) decreased the Maximum Facility Amount under the Credit Agreement fro
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-23-202907
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