---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-296697"
form_type: "8-K"
ticker: null
cik: "0001889668"
company_name: "Blue Owl Technology Finance Corp. II"
filed_at: "2023-12-15T23:59:59+00:00"
generated_at: "2026-06-07T12:12:26.010948+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Blue Owl Technology Finance Corp. II completes $475.3M CLO securitization

## Summary
- Issued $475.3M in secured notes and loans across 5 tranches with SOFR+2.85% to 7.25% coupons.
- Also issued $187.3M in preferred shares, purchased by the Company as retention holder.
- Debt matures January 20, 2036; proceeds for general corporate purposes.
- Collateral consists of middle market loans; Blue Owl Technology Credit Advisors II acts as collateral manager.

## SEC filing metadata
- accession: 0001193125-23-296697
- form_type: 8-K
- cik: 0001889668
- company_name: Blue Owl Technology Finance Corp. II
- filed_at: 2023-12-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1889668/000119312523296697/0001193125-23-296697-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1889668/000119312523296697/d509361d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-296697
- JSON: https://secwatch.observer/filing/0001193125-23-296697.json
- Plain text: https://secwatch.observer/filing/0001193125-23-296697.txt

## Key facts
- Debt Financings
  Blue Owl Technology Finance Corp. II incurred senior notes of $7.5 million with State Street Bank and Trust Company at 7.25% maturing January 20, 2036.
  - Instrument: senior notes
  - Principal: $7.5 million
  - Counterparty: State Street Bank and Trust Company
  - Rate: 7.25%
  - Maturity: January 20, 2036
  - Event: incurrence
  source text: The CLO Transaction was executed by (A) the issuance of the following classes of notes and preferred shares pursuant to an indenture and security agreement dated as of the Closing Date (the “Indenture”), by and among the Issuer and State Street Bank and Trust Company: (i) $40 million of AAA(sf) Class A Notes, which bear interest at three-month term SOFR plus 2.85%, (ii) $16.5 million of AA(sf) Class B-1 Notes, which bear interest at three-month term SOFR plus 3.95%, (iii) $7.5 million of AA(sf) Class B-2 Notes, which bear interest at 7.25% and (iv) $24 million of A(sf) Class C Notes, which bear interest at three-month term SOFR plus 4.95% (together, the “Secured Notes”) and (B) the borrowing by the Issuer of $200 million under floating rate Class A-L loans (the “Class A-L Loans” and together with the Secured Notes, the “Debt”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889668/000119312523296697/0001193125-23-296697-index.htm
- Debt Financings
  Blue Owl Technology Finance Corp. II incurred term loan of $200 million with a financial institution at three-month term SOFR plus 2.85% maturing January 20, 2036.
  - Instrument: term loan
  - Principal: $200 million
  - Counterparty: a financial institution
  - Rate: three-month term SOFR plus 2.85%
  - Maturity: January 20, 2036
  - Event: incurrence
  source text: The Class A-L Loans were borrowed under a credit agreement (the “Class A-L Credit Agreement”), dated as of the Closing Date, by and among the Issuer, as borrower, a financial institution, as lender, and State Street Bank and Trust Company, as collateral trustee and loan agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889668/000119312523296697/0001193125-23-296697-index.htm
- Debt Financings
  Blue Owl Technology Finance Corp. II incurred senior notes of $40 million with State Street Bank and Trust Company at three-month term SOFR plus 2.85% maturing January 20, 2036.
  - Instrument: senior notes
  - Principal: $40 million
  - Counterparty: State Street Bank and Trust Company
  - Rate: three-month term SOFR plus 2.85%
  - Maturity: January 20, 2036
  - Event: incurrence
  source text: $40 million of AAA(sf) Class A Notes, which bear interest at three-month term SOFR plus 2.85%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889668/000119312523296697/0001193125-23-296697-index.htm
- Debt Financings
  Blue Owl Technology Finance Corp. II incurred senior notes of $16.5 million with State Street Bank and Trust Company at three-month term SOFR plus 3.95% maturing January 20, 2036.
  - Instrument: senior notes
  - Principal: $16.5 million
  - Counterparty: State Street Bank and Trust Company
  - Rate: three-month term SOFR plus 3.95%
  - Maturity: January 20, 2036
  - Event: incurrence
  source text: $16.5 million of AA(sf) Class B-1 Notes, which bear interest at three-month term SOFR plus 3.95%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889668/000119312523296697/0001193125-23-296697-index.htm
- Debt Financings
  Blue Owl Technology Finance Corp. II incurred senior notes of $24 million with State Street Bank and Trust Company at three-month term SOFR plus 4.95% maturing January 20, 2036.
  - Instrument: senior notes
  - Principal: $24 million
  - Counterparty: State Street Bank and Trust Company
  - Rate: three-month term SOFR plus 4.95%
  - Maturity: January 20, 2036
  - Event: incurrence
  source text: $24 million of A(sf) Class C Notes, which bear interest at three-month term SOFR plus 4.95%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1889668/000119312523296697/0001193125-23-296697-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.