secwatch / observer
8-K filed November 15, 2023, 6:59 PM ET CIK 0001655887
debt confidence high sentiment negative materiality 0.65

Blue Owl Capital Corp II: debt financing — Blue Owl Capital Corp II issues $350M 8.450% notes due 2026; redeems $350M of 4.625% 2024 notes

Blue Owl Capital Corp II

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 Capital Corp II incurred senior notes of $350 million aggregate principal amount at 8.450% per year maturing November 15, 2026.

Instrument
senior notes
Principal
$350 million aggregate principal amount
Rate
8.450% per year
Maturity
November 15, 2026
Event
incurrence
Exact text from the filing
of the several initial purchasers listed on Schedule 1 thereto (the “Initial Purchasers”), on the other hand, which Purchase Agreement relates to the Company’s sale of $350 million aggregate principal amount of its 8.450% notes due 2026 (the “Notes”) to the Initial Purchasers in a private placement in reliance on Section 4(a)(2) of the Securities Act of
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Blue Owl Capital Corp II entered into Second Supplemental Indenture with Computershare Trust Company, N.A. (effective 2023-11-15).

Action
entry
Agreement
notes offering
Counterparty
Computershare Trust Company, N.A.
Effective
2023-11-15
Exact text from the filing
The Notes were issued pursuant to an Indenture dated as of November 26, 2019 (the “Base Indenture”), between the Company and Computershare Trust Company, N.A., as successor to Wells Fargo Bank, National Association, as trustee (the “Trustee”), and a Second Supplemental Indenture, dated as of November 15, 2023 (the “Second Supplemental Indenture” and together with the Base Indenture, the “Indenture”), between the Company and the Trustee.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Blue Owl Capital Corp II entered into Registration Rights Agreement with Wells Fargo Securities, LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc., Truist Securities, Inc. and Deutsche Bank Securities Inc., as representatives of the Initial Purchasers (effective 2023-11-15).

Action
entry
Counterparty
Wells Fargo Securities, LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc., Truist Securities, Inc. and Deutsche Bank Securities Inc., as representatives of the Initial Purchasers
Effective
2023-11-15
Exact text from the filing
In connection with the offering, the Company entered into a Registration Rights Agreement, dated as of November 15, 2023 (the “Registration Rights Agreement”), with Wells Fargo Securities, LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc., Truist Securities, Inc. and Deutsche Bank Securities Inc., as representatives of the Initial Purchasers.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Blue Owl Capital Corp II entered into Purchase Agreement with Wells Fargo Securities, LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc., Truist Securities, Inc. and Deutsche Bank Securities Inc., as representatives of the several initial purchasers valued at $350 million aggregate principal amount (effective 2023-11-13).

Action
entry
Agreement
notes offering
Counterparty
Wells Fargo Securities, LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc., Truist Securities, Inc. and Deutsche Bank Securities Inc., as representatives of the several initial purchasers
Value
$350 million aggregate principal amount
Effective
2023-11-13
Exact text from the filing
On November 13, 2023, Blue Owl Capital Corporation II (the “Company”) and Blue Owl Credit Advisors LLC (the “Advisor”), on the one hand, entered into a Purchase Agreement (the “Purchase Agreement”) with Wells Fargo Securities, LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc., Truist Securities, Inc. and Deutsche Bank Securities Inc., as representatives of the several initial purchasers listed on Schedule 1 thereto (the “Initial Purchasers”), on the other hand, which Purchase Agreement relates to the Company’s sale of $350 million aggregate principal amount of its 8.450% notes due 2026
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-23-277920
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