---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-303055"
form_type: "8-K"
ticker: null
cik: "0001807427"
company_name: "Blue Owl Capital Corp III"
filed_at: "2023-12-26T23:59:59+00:00"
generated_at: "2026-06-07T07:26:31.986892+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Blue Owl Capital Corp III increases credit facility to $575M, extends maturity to 2028

## Summary
- Total facility increased from $450M to $575M; revolver availability period extended to Dec 2027, maturity to Dec 2028.
- Portion of revolver availability converted into term loan availability.
- Credit adjustment spread for Term Benchmark Loans reduced to 0.10% for all tenors.
- Amendment dated December 21, 2023, among borrower, lenders, and JPMorgan Chase as administrative agent.

## SEC filing metadata
- accession: 0001193125-23-303055
- form_type: 8-K
- cik: 0001807427
- company_name: Blue Owl Capital Corp III
- filed_at: 2023-12-26T23:59:59+00:00
- event_type: debt
- sentiment: positive
- 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/1807427/000119312523303055/0001193125-23-303055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1807427/000119312523303055/d518477d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-303055
- JSON: https://secwatch.observer/filing/0001193125-23-303055.json
- Plain text: https://secwatch.observer/filing/0001193125-23-303055.txt

## Key facts
- Debt Financings
  Blue Owl Capital Corp III amended credit facility of $575,000,000 with JPMorgan Chase Bank, N.A., as Administrative Agent maturing December 2028.
  - Instrument: credit facility
  - Principal: $575,000,000
  - Counterparty: JPMorgan Chase Bank, N.A., as Administrative Agent
  - Maturity: December 2028
  - Event: amendment
  source text: The First Amendment, among other things, (i) extends the revolver availability period from December 2026 to December 2027, (ii) extends the scheduled maturity date from December 2027 to December 2028, (iii) converts a portion of the existing revolver availability into term loan availability, (iv) increases the total facility amount from $450,000,000 to $575,000,000 and (v) reduces the credit adjustment spread for Term Benchmark Loans from 0.10% for one-month tenor Loans, 0.15% for three-month tenor Loans and 0.25% for six-month tenor Loans to 0.10% for all Loan tenors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1807427/000119312523303055/0001193125-23-303055-index.htm

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