secwatch.observer — SEC 8-K summary
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Issuer:     Blue Owl Technology Finance Corp. II (—)
CIK:        0001889668
Form:       8-K
Filed at:   2023-09-29T23:59:59+00:00
Accession:  0001193125-23-247456
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Owl Tech Finance II issues $75M 8.50% senior notes due 2028
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- $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%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1889668/000119312523247456/0001193125-23-247456-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1889668/000119312523247456/d469950d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-247456

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