secwatch.observer — SEC 8-K summary
======================================

Issuer:     Blue Owl Credit Income Corp. (—)
CIK:        0001812554
Form:       8-K
Filed at:   2023-12-05T23:59:59+00:00
Accession:  0001193125-23-288630
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 Credit Income Corp. issues $550M of 7.750% notes due 2029 to repay revolver
--------------------------------------------------------------------------------

- $550M aggregate principal of 7.750% notes due 2029 issued on Dec 4, 2023.
- Net proceeds ~$536.82M after fees; used to pay down $603.1M revolver outstanding as of Sep 30, 2023.
- Notes mature Jan 15, 2029; interest payable semi-annually on Jan 15 and Jul 15 starting Jul 15, 2024.
- Registration Rights Agreement requires exchange offer filing within 365 days or additional interest.
- Affiliates of initial purchasers are revolver lenders and may receive >5% of proceeds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812554/000119312523288630/0001193125-23-288630-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812554/000119312523288630/d544137d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-288630

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer