secwatch.observer — SEC 8-K summary
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Issuer:     Blue Owl Capital Corp III (—)
CIK:        0001807427
Form:       8-K
Filed at:   2024-03-25T23:59:59+00:00
Accession:  0001193125-24-076545
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 Capital Corp III enters $300M secured revolving credit facility
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- Facility max principal $300M, available in USD, GBP, CAD, EUR, matures March 20, 2029.
- Interest based on applicable benchmark (SOFR, SONIA, CORRA, EURIBOR) plus spread 1.75%-2.50%.
- Commitment fee of 0.25%-1.25% on undrawn amount during three-year availability period.
- Prepayment penalty applies if commitments reduced in first two years.
- Borrowings count toward asset coverage under 1940 Act; collateral not available for Company debts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807427/000119312524076545/0001193125-24-076545-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807427/000119312524076545/d742576d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-076545

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