Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Blue Owl Technology Finance Corp. amended revolving credit of $1,040,000,000 to $1,090,000,000 with Truist Bank as Administrative Agent at reduces the credit adjustment spread for Term Benchmark Loans from 0.10% for one maturing extends the scheduled maturity date from November 2027 to September 2028.
- Instrument
- revolving credit
- Principal
- $1,040,000,000 to $1,090,000,000
- Counterparty
- Truist Bank as Administrative Agent
- Rate
- reduces the credit adjustment spread for Term Benchmark Loans from 0.10% for one
- Maturity
- extends the scheduled maturity date from November 2027 to September 2028
- Event
- amendment
Exact text from the filing
Item 1.01. Entry into a Material Definitive Agreement. On September 26, 2023, Blue Owl Technology Finance Corp. (f/k/a Owl Rock Technology Finance Corp.) (the “Company”) entered into the First Amendment to that certain Amended and Restated Senior Secured Revolving Credit Agreement (the “First Amendment”), which amends that certain Amended and Restated Senior Secured Revolving Credit Agreement, dated as of November 15, 2022. The parties to the First Amendment include the Company, as Borrower, the subsidiary guarantors party thereto solely with respect to Section 5.8 therein, the lenders party thereto and Truist Bank as Administrative Agent. The First Amendment, among other things, (i) extends the revolver availability period from November 2026 to September 2027, (ii) extends the scheduled maturity date from November 2027 to September 2028, (iii) converts a portion of the revolver availability into term loan availability, (iv) increases the total facility amount from $1,040,000,000 to $1
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Blue Owl Technology Finance Corp. amended First Amendment with the lenders party thereto and Truist Bank as Administrative Agent (effective 2023-09-26).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- the lenders party thereto and Truist Bank as Administrative Agent
- Effective
- 2023-09-26
Exact text from the filing
On September 26, 2023, Blue Owl Technology Finance Corp. (f/k/a Owl Rock Technology Finance Corp.) (the “Company”) entered into the First Amendment to that certain Amended and Restated Senior Secured Revolving Credit Agreement (the “First Amendment”), which amends that certain Amended and Restated Senior Secured Revolving Credit Agreement, dated as of November 15, 2022.
View on SEC.gov