Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Blue Owl Technology Income Corp. incurred credit facility of $550 million with Société Générale at SOFR plus a spread of 3.05% maturing January 9, 2034.
- Instrument
- credit facility
- Principal
- $550 million
- Counterparty
- Société Générale
- Rate
- SOFR plus a spread of 3.05%
- Maturity
- January 9, 2034
- Event
- incurrence
Exact text from the filing
initial maximum principal amount which may be borrowed under the Credit Facility is $550 million
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Blue Owl Technology Income Corp. entered into Credit Agreement with Tech Income Funding III LLC valued at $550 million (effective 2024-01-09).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Tech Income Funding III LLC
- Value
- $550 million
- Effective
- 2024-01-09
Exact text from the filing
On January 9, 2024 (the “Closing Date”), Tech Income Funding III LLC (“Tech Income Funding III”), a Delaware limited liability company and a newly formed subsidiary of Blue Owl Technology Income Corp., a Maryland corporation (the “Company” or “us”) entered into a Credit Agreement (the “Secured Credit Facility”), with Tech Income Funding III, as borrower, Société Générale, as administrative agent, State Street Bank and Trust Company, as collateral agent, collateral administrator and custodian, Alter Domus (US) LLC, as document custodian, and the lenders party thereto.
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