{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-236215","form_type":"8-K","ticker":null,"cik":"0001655887","company_name":"Blue Owl Capital Corp II","filed_at":"2023-09-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.734955+00:00","generated_at":"2026-06-10T16:23:32.904940+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Blue Owl Capital Corp II closes $399.3M CLO with secured notes and preferred shares","bullets":["Issued $228M Class A notes (AAA(sf)) at SOFR+2.55% and $32M Class B notes (AA(sf)) at SOFR+3.35%.","Issued ~$139.3M preferred shares (139,300 at $1,000/share) purchased entirely by the company.","CLO backed by middle-market loans; proceeds for general corporate purposes; maturity 2035.","Goldman Sachs as placement agent; NatWest as co-placement agent.","Blue Owl Credit Advisors LLC serves as collateral manager; fees waived but may be rescinded."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-236215","json":"https://secwatch.observer/filing/0001193125-23-236215.json","markdown":"https://secwatch.observer/filing/0001193125-23-236215.md","text":"https://secwatch.observer/filing/0001193125-23-236215.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1655887/000119312523236215/0001193125-23-236215-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1655887/000119312523236215/d507758d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T16:23:32.904940+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4de6f89fe9df83fae98eb4f82b4217949f3b49fa","claim":"Blue Owl Capital Corp II incurred senior notes of $32 million with State Street Bank and Trust Company at three-month term SOFR plus 3.35% maturing September 20, 2035.","evidence_excerpt":"$32 million of AA(sf) Class B Notes, which bear interest at three-month term SOFR plus 3.35%","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1655887/000119312523236215/0001193125-23-236215-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$32 million"},{"label":"Counterparty","value":"State Street Bank and Trust Company"},{"label":"Rate","value":"three-month term SOFR plus 3.35%"},{"label":"Maturity","value":"September 20, 2035"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"7758237ed9ab5fbaefce135112d9e9c69c36acde","claim":"Blue Owl Capital Corp II incurred debt of approximately $139.3 million with Blue Owl Capital Corp II.","evidence_excerpt":"the Issuer issued approximately $139.3 million of subordinated securities in the form of 139,300 preferred shares","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1655887/000119312523236215/0001193125-23-236215-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Principal","value":"approximately $139.3 million"},{"label":"Counterparty","value":"Blue Owl Capital Corp II"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"8c10528f8713539e7f2e54f5fdf70f95fb4f0455","claim":"Blue Owl Capital Corp II incurred senior notes of $228 million with State Street Bank and Trust Company at three-month term SOFR plus 2.55% maturing September 20, 2035.","evidence_excerpt":"$228 million of AAA(sf) Class A Notes, which bear interest at three-month term SOFR plus 2.55%","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1655887/000119312523236215/0001193125-23-236215-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$228 million"},{"label":"Counterparty","value":"State Street Bank and Trust Company"},{"label":"Rate","value":"three-month term SOFR plus 2.55%"},{"label":"Maturity","value":"September 20, 2035"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"3f985e6d4729e7732496be9d97945f86c36a7d00","claim":"Blue Owl Capital Corp II entered into OBDC II Financing Subsidiaries Loan Sale Agreement with Issuer and ORCC II Financing LLC and OR Lending II LLC valued at approximately $298.497 million funded par amount of middle market loans (effective 2023-09-12).","evidence_excerpt":"the remainder of the initial portfolio assets securing the Secured Notes consisted of approximately $298.497 million funded par amount of middle market loans purchased by the Issuer from ORCC II Financing LLC, a wholly-owned subsidiary of the Company, under an additional loan sale agreement executed on the Closing Date between the Issuer and ORCC II Financing LLC and OR Lending II LLC, a wholly-owned subsidiary of the Company (the “OBDC II Financing Subsidiaries Loan Sale Agreement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1655887/000119312523236215/0001193125-23-236215-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Issuer and ORCC II Financing LLC and OR Lending II LLC"},{"label":"Value","value":"approximately $298.497 million funded par amount of middle market loans"},{"label":"Effective","value":"2023-09-12"}],"fact_type":"material_agreement"},{"claim_id":"cc413833592a4cb01779048f96a78193bf2bae89","claim":"Blue Owl Capital Corp II entered into Indenture with State Street Bank and Trust Company valued at $228 million of AAA(sf) Class A Notes, which bear interest at three-month term SOFR plus 2.55% and ( (effective 2023-09-12).","evidence_excerpt":"the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the Closing Date (the “Indenture”), by and among the Issuer and State Street Bank and Trust Company: (i) $228 million of AAA(sf) Class A Notes, which bear interest at three-month term SOFR plus 2.55% and (ii) $32 million of AA(sf) Class B Notes","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1655887/000119312523236215/0001193125-23-236215-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"State Street Bank and Trust Company"},{"label":"Value","value":"$228 million of AAA(sf) Class A Notes, which bear interest at three-month term SOFR plus 2.55% and ("},{"label":"Effective","value":"2023-09-12"}],"fact_type":"material_agreement"},{"claim_id":"def9267826ad9795b1b0ed9cef6cf8c9398764b8","claim":"Blue Owl Capital Corp II entered into OBDC II Loan Sale Agreement with Owl Rock CLO XIII, LLC valued at approximately $36.444 million funded par amount of middle market loans (effective 2023-09-12).","evidence_excerpt":"the Company entered into a loan sale agreement with the Issuer dated as of the Closing Date (the “OBDC II Loan Sale Agreement”), which provided for the contribution of approximately $36.444 million funded par amount of middle market loans from the Company to the Issuer on the Closing Date","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1655887/000119312523236215/0001193125-23-236215-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Owl Rock CLO XIII, LLC"},{"label":"Value","value":"approximately $36.444 million funded par amount of middle market loans"},{"label":"Effective","value":"2023-09-12"}],"fact_type":"material_agreement"},{"claim_id":"e0b0182dd827a353bcca88269467334443c170dd","claim":"Blue Owl Capital Corp II entered into Collateral Management Agreement with Blue Owl Credit Advisors LLC (effective 2023-09-12).","evidence_excerpt":"OCA will serve as collateral manager for the Issuer under a collateral management agreement dated as of the Closing Date (the “Collateral Management Agreement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1655887/000119312523236215/0001193125-23-236215-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Blue Owl Credit Advisors LLC"},{"label":"Effective","value":"2023-09-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}