---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-247456"
form_type: "8-K"
ticker: null
cik: "0001889668"
company_name: "Blue Owl Technology Finance Corp. II"
filed_at: "2023-09-29T23:59:59+00:00"
generated_at: "2026-06-10T07:11:38.144504+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Blue Owl Tech Finance II issues $75M 8.50% senior notes due 2028

## Summary
- $75,000,000 aggregate principal of Series 2023A Notes, fixed 8.50% interest, due Sep 27, 2028.
- Interest payable semiannually on Mar 27 and Sep 27; first payment Mar 27, 2024.
- Notes guaranteed by three subsidiaries: OR Tech Lending II LLC, ORTF II FSI LLC, ORTF II BC 2 LLC.
- Covenants include minimum net worth of $1,012,092,000 and asset coverage ratio of 1.50:1.
- Step-up interest provisions for Below Investment Grade or Secured Debt Ratio events (up to +2.00%).

## SEC filing metadata
- accession: 0001193125-23-247456
- form_type: 8-K
- cik: 0001889668
- company_name: Blue Owl Technology Finance Corp. II
- filed_at: 2023-09-29T23:59:59+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/1889668/000119312523247456/0001193125-23-247456-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1889668/000119312523247456/d469950d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-247456
- JSON: https://secwatch.observer/filing/0001193125-23-247456.json
- Plain text: https://secwatch.observer/filing/0001193125-23-247456.txt

## Key facts
- Debt Financings
  Blue Owl Technology Finance Corp. II incurred senior notes of $75,000,000 with qualified institutional investors at 8.50% per year maturing September 27, 2028.
  - Instrument: senior notes
  - Principal: $75,000,000
  - Counterparty: qualified institutional investors
  - Rate: 8.50% per year
  - Maturity: September 27, 2028
  - Event: incurrence
  source text: On September 27, 2023, Blue Owl Technology Finance Corp. II (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) governing the issuance of $75,000,000 in aggregate principal amount of Series 2023A Notes, due September 27, 2028, with a fixed interest rate of 8.50% per year (the “Series 2023A Notes”), to qualified institutional investors in a private placement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889668/000119312523247456/0001193125-23-247456-index.htm
- Material Agreements
  Blue Owl Technology Finance Corp. II entered into Note Purchase Agreement with qualified institutional investors valued at $75,000,000 Series 2023A Notes, due September 27, 2028, fixed interest rate 8.50% per year (effective 2023-09-27).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: qualified institutional investors
  - Value: $75,000,000 Series 2023A Notes, due September 27, 2028, fixed interest rate 8.50% per year
  - Effective: 2023-09-27
  source text: On September 27, 2023, Blue Owl Technology Finance Corp. II (the “Company”) entered into a Note Purchase Agreement (the “Note Purchase Agreement”) governing the issuance of $75,000,000 in aggregate principal amount of Series 2023A Notes, due September 27, 2028, with a fixed interest rate of 8.50% per year (the “Series 2023A Notes”), to qualified institutional investors in a private placement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889668/000119312523247456/0001193125-23-247456-index.htm

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