---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-021890"
form_type: "8-K"
ticker: null
cik: "0001812554"
company_name: "Blue Owl Credit Income Corp."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T11:21:04.972005+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Blue Owl Credit Income Corp. issues $750M of 6.650% Notes due 2031, net proceeds ~$728.9M to repay revolver

## Summary
- Issued $750M aggregate principal of 6.650% Notes due March 15, 2031; net proceeds ~$728.9M after fees and offering expenses.
- Net proceeds used to repay a portion of outstanding borrowings under senior secured revolving credit facility (Revolver) maturing Nov 2028.
- Notes rank pari passu with existing unsecured notes; structurally subordinated to ~$3.0B in SPV facilities and ~$810M in CLOs.
- Affiliates of certain initial purchasers are lenders under Revolver and may receive >5% of offering proceeds upon repayment.
- Company entered into Registration Rights Agreement to exchange Notes for registered securities within 365 days or pay additional interest.

## SEC filing metadata
- accession: 0001193125-24-021890
- form_type: 8-K
- cik: 0001812554
- company_name: Blue Owl Credit Income Corp.
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812554/000119312524021890/0001193125-24-021890-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812554/000119312524021890/d649242d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-021890
- JSON: https://secwatch.observer/filing/0001193125-24-021890.json
- Plain text: https://secwatch.observer/filing/0001193125-24-021890.txt

## Key facts
- Debt Financings
  Blue Owl Credit Income Corp. incurred senior notes of $750.0 million aggregate principal amount with Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc. and Truist Securities, Inc., as representatives of the several initial purchasers at 6.650% per year maturing 2031.
  - Instrument: senior notes
  - Principal: $750.0 million aggregate principal amount
  - Counterparty: Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc. and Truist Securities, Inc., as representatives of the several initial purchasers
  - Rate: 6.650% per year
  - Maturity: 2031
  - Event: incurrence
  source text: On January 29, 2024, Blue Owl Credit Income Corp. (the “Company”) and Blue Owl Credit Advisors LLC (the “Adviser”), on the one hand, entered into a Purchase Agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc. and Truist Securities, Inc., as representatives of the several initial purchasers listed on Schedule 1 thereto (the “Initial Purchasers”), on the other hand, which Purchase Agreement relates to the Company’s sale of $750.0 million aggregate principal amount of its 6.650% notes due 2031 (the “Notes”) to the Initial Purchasers in a private placement in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and for initial resale by the Initial Purchasers to qualified institutional buyers pursuant to the exemption from registration provided by Rule 144A promulgated under the Securities Act.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312524021890/0001193125-24-021890-index.htm
- Material Agreements
  Blue Owl Credit Income Corp. entered into Purchase Agreement with Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc. and Truist Securities, Inc., as representatives of the several initial purchasers valued at $750.0 million aggregate principal amount of its 6.650% notes due 2031 (effective 2024-01-29).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc. and Truist Securities, Inc., as representatives of the several initial purchasers
  - Value: $750.0 million aggregate principal amount of its 6.650% notes due 2031
  - Effective: 2024-01-29
  source text: On January 29, 2024, Blue Owl Credit Income Corp. (the “Company”) and Blue Owl Credit Advisors LLC (the “Adviser”), on the one hand, entered into a Purchase Agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc. and Truist Securities, Inc., as representatives of the several initial purchasers listed on Schedule 1 thereto (the “Initial Purchasers”), on the other hand, which Purchase Agreement relates to the Company’s sale of $750.0 million aggregate principal amount of its 6.650% notes due 2031 (the “Notes”) to the Initial Purchasers
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312524021890/0001193125-24-021890-index.htm

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