---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-021912"
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: "2026-06-06T11:21:02.335683+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Blue Owl Credit Income Corp. closes $477.9M CLO securitization

## Summary
- Issued $273.6M Class A notes (SOFR+2.30%) and $38.4M Class B notes (SOFR+3.20%), both maturing Jan 20, 2036.
- Issued $165.98M preferred shares (165,980 shares at $1,000 each); company purchased all preferred shares.
- Proceeds used to purchase middle-market loans; company contributed $115.3M loans, subsidiary Core Income Funding I contributed $329.7M.
- Secured notes are obligations of special-purpose subsidiary Owl Rock CLO XV, LLC; not registered under Securities Act.
- Blue Owl Credit Advisors LLC serves as collateral manager, waiving its fee (may rescind with offset to management fee).

## SEC filing metadata
- accession: 0001193125-24-021912
- 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: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812554/000119312524021912/0001193125-24-021912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812554/000119312524021912/d737542d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-021912
- JSON: https://secwatch.observer/filing/0001193125-24-021912.json
- Plain text: https://secwatch.observer/filing/0001193125-24-021912.txt

## Key facts
- Debt Financings
  Blue Owl Credit Income Corp. incurred debt of approximately $165.98 million.
  - Principal: approximately $165.98 million
  - Event: incurrence
  source text: the Issuer issued approximately $165.98 million of subordinated securities in the form of 165,980 preferred shares at an issue price of U.S. $1,000 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312524021912/0001193125-24-021912-index.htm
- Debt Financings
  Blue Owl Credit Income Corp. incurred credit facility of $273.6 million with State Street Bank and Trust Company at three-month term SOFR plus 2.30% maturing January 20, 2036.
  - Instrument: credit facility
  - Principal: $273.6 million
  - Counterparty: State Street Bank and Trust Company
  - Rate: three-month term SOFR plus 2.30%
  - Maturity: January 20, 2036
  - Event: incurrence
  source text: (i) $273.6 million of AAA(sf) Class A Notes, which bear interest at three-month term SOFR plus 2.30%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312524021912/0001193125-24-021912-index.htm
- Debt Financings
  Blue Owl Credit Income Corp. incurred credit facility of $38.4 million with State Street Bank and Trust Company at three-month term SOFR plus 3.20% maturing January 20, 2036.
  - Instrument: credit facility
  - Principal: $38.4 million
  - Counterparty: State Street Bank and Trust Company
  - Rate: three-month term SOFR plus 3.20%
  - Maturity: January 20, 2036
  - Event: incurrence
  source text: (ii) $38.4 million of AA(sf) Class B Notes, which bear interest at three-month term SOFR plus 3.20%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312524021912/0001193125-24-021912-index.htm
- Material Agreements
  Blue Owl Credit Income Corp. entered into Core Income Funding I Loan Sale Agreement with Core Income Funding I LLC (effective 2024-01-30).
  - Action: entry
  - Counterparty: Core Income Funding I LLC
  - Effective: 2024-01-30
  source text: an additional loan sale agreement executed on the Closing Date between the Issuer and Core Income Funding I LLC (the “Core Income Funding I Loan Sale Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312524021912/0001193125-24-021912-index.htm
- Material Agreements
  Blue Owl Credit Income Corp. entered into Indenture with State Street Bank and Trust Company (effective 2024-01-30).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: State Street Bank and Trust Company
  - Effective: 2024-01-30
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312524021912/0001193125-24-021912-index.htm
- Material Agreements
  Blue Owl Credit Income Corp. entered into OCIC Loan Sale Agreement with the Issuer (effective 2024-01-30).
  - Action: entry
  - Counterparty: the Issuer
  - Effective: 2024-01-30
  source text: the Company entered into a loan sale agreement with the Issuer dated as of the Closing Date (the “OCIC Loan Sale Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312524021912/0001193125-24-021912-index.htm

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