secwatch.observer — SEC 8-K summary
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Issuer:     Blue Owl Credit Income Corp. (—)
CIK:        0001812554
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0001193125-24-021912
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812554/000119312524021912/0001193125-24-021912-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812554/000119312524021912/d737542d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-021912

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