--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-23-277920" form_type: "8-K" ticker: null cik: "0001655887" company_name: "Blue Owl Capital Corp II" filed_at: "2023-11-15T23:59:59+00:00" generated_at: "2026-06-08T02:30:07.938320+00:00" event_type: "debt" sentiment: "negative" materiality_score: 0.65 calibrated_materiality_score: 0.65 confidence: "high" source: SEC EDGAR --- # Blue Owl Capital Corp II issues $350M 8.450% notes due 2026; redeems $350M of 4.625% 2024 notes ## Summary - Issued $350M aggregate principal of 8.450% notes due 2026; net proceeds ~$344M after fees. - Net proceeds used to redeem $350M of outstanding 4.625% 2024 notes; redemption date Dec 15, 2023. - New notes rank pari passu with existing unsecured debt; interest payable semi-annually starting May 2024. - Company entered Registration Rights Agreement to exchange notes for registered securities within 365 days. - Notes offered in private placement under Rule 144A; not registered under Securities Act. ## SEC filing metadata - accession: 0001193125-23-277920 - form_type: 8-K - cik: 0001655887 - company_name: Blue Owl Capital Corp II - filed_at: 2023-11-15T23:59:59+00:00 - event_type: debt - sentiment: negative - materiality_score: 0.65 - calibrated_materiality_score: 0.65 - confidence: high - sec_items: 1.01, 2.03, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1655887/000119312523277920/0001193125-23-277920-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655887/000119312523277920/d850372d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-23-277920 - JSON: https://secwatch.observer/filing/0001193125-23-277920.json - Plain text: https://secwatch.observer/filing/0001193125-23-277920.txt ## Key facts - Debt Financings 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/1655887/000119312523277920/0001193125-23-277920-index.htm - Material Agreements 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 source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1655887/000119312523277920/0001193125-23-277920-index.htm - Material Agreements 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 source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1655887/000119312523277920/0001193125-23-277920-index.htm - Material Agreements 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/1655887/000119312523277920/0001193125-23-277920-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.