secwatch.observer — SEC 8-K summary
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Issuer:     Blue Owl Capital Corp (OBDC)
CIK:        0001655888
Form:       8-K
Filed at:   2024-01-09T23:59:59+00:00
Accession:  0001193125-24-005227
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Owl Capital closes $390M CLO refinancing, redeems $85.3M subordinated securities
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- Issued $221.4M AAA(sf) Class A-NR notes at Benchmark+2.40% and $25M AAA(sf) Class A-FR notes at 6.35%.
- Issued $41.6M AA(sf) Class B-R notes at Benchmark+3.25% and $52M A(sf) Class C notes at Benchmark+4.25%.
- Borrowed $50M in Class A-LR loans at Benchmark+2.40%; total secured debt $390M, maturing Feb 20, 2036.
- Proceeds used to redeem prior debt and $85.3M of subordinated securities; $120.8M preferred shares remain outstanding.
- Blue Owl Credit Advisors continues as collateral manager; fees waived but may be reinstated with offset to management fee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1655888/000119312524005227/0001193125-24-005227-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1655888/000119312524005227/d694547d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-005227

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