secwatch.observer — SEC 8-K summary
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Issuer:     Blue Owl Capital Corp III (—)
CIK:        0001807427
Form:       8-K
Filed at:   2023-11-27T23:59:59+00:00
Accession:  0001193125-23-283379
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Owl Capital Corp III closes $397.3M CLO transaction with notes and preferred shares
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- Issued $203M AAA(sf) Class A Notes at SOFR+2.40%, $32M AA(sf) Class B Notes at SOFR+3.25%, and $25M Class A-L Loans at SOFR+2.40%.
- $137.3M preferred shares issued at $1,000 each; company purchased all shares as retention holder.
- Debt matures October 20, 2035; proceeds used for general corporate purposes.
- Adviser may reinvest proceeds to buy additional middle market loans through October 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807427/000119312523283379/0001193125-23-283379-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807427/000119312523283379/d795300d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-283379

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