--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-24-087299" form_type: "8-K" ticker: null cik: "0001889668" company_name: "Blue Owl Technology Finance Corp. II" filed_at: "2024-04-04T23:59:59+00:00" generated_at: "2026-06-04T02:30:31.566702+00:00" event_type: "debt" sentiment: "neutral" materiality_score: 0.5 calibrated_materiality_score: 0.5 confidence: "high" source: SEC EDGAR --- # Blue Owl Technology Finance Corp. II issues $700M of 6.750% notes due 2029 ## Summary - $700M aggregate principal, 6.750% interest payable semi-annually, maturing April 4, 2029. - Net proceeds of approximately $682.6M used to repay existing Subscription Credit Facility borrowings. - Notes are unsecured, rank pari passu with existing 8.50% notes due 2028; effectively subordinated to secured debt. - Company entered into Registration Rights Agreement to exchange notes for registered securities within 365 days. ## SEC filing metadata - accession: 0001193125-24-087299 - form_type: 8-K - cik: 0001889668 - company_name: Blue Owl Technology Finance Corp. II - filed_at: 2024-04-04T23:59:59+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/1889668/000119312524087299/0001193125-24-087299-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1889668/000119312524087299/d791655d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-24-087299 - JSON: https://secwatch.observer/filing/0001193125-24-087299.json - Plain text: https://secwatch.observer/filing/0001193125-24-087299.txt ## Key facts - Debt Financings Blue Owl Technology Finance Corp. II incurred senior notes of $700.0 million aggregate principal amount with Mizuho Securities USA LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc. and Truist Securities, Inc. at 6.750% maturing April 4, 2029. - Instrument: senior notes - Principal: $700.0 million aggregate principal amount - Counterparty: Mizuho Securities USA LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc. and Truist Securities, Inc. - Rate: 6.750% - Maturity: April 4, 2029 - Event: incurrence source text: completed its previously announced offering of $700.0 million aggregate principal amount of its 6.750% notes due 2029 evidence_url: https://www.sec.gov/Archives/edgar/data/1889668/000119312524087299/0001193125-24-087299-index.htm - Material Agreements Blue Owl Technology Finance Corp. II entered into Purchase Agreement with Mizuho Securities USA LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc. and Truist Securities, Inc., as representatives of the several initial purchasers (effective 2024-03-27). - Action: entry - Agreement: notes offering - Counterparty: Mizuho Securities USA LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc. and Truist Securities, Inc., as representatives of the several initial purchasers - Effective: 2024-03-27 source text: On April 4, 2024, Blue Owl Technology Finance Corp. II (the “Company”) completed its previously announced offering of $700.0 million aggregate principal amount of its 6.750% notes due 2029 (the “Notes”). The offering was consummated pursuant to the terms of a purchase agreement (the “Purchase Agreement”) dated March 27, 2024 among the Company and Blue Owl Technology Credit Advisors II LLC (the “Adviser”), on the one hand, and Mizuho Securities USA LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1889668/000119312524087299/0001193125-24-087299-index.htm - Material Agreements Blue Owl Technology Finance Corp. II entered into Base Indenture with Deutsche Bank Trust Company Americas (effective 2024-04-04). - Action: entry - Agreement: notes offering - Counterparty: Deutsche Bank Trust Company Americas - Effective: 2024-04-04 source text: The Notes were issued pursuant to an Indenture dated as of April 4, 2024 (the “Base Indenture”), between the Company and Deutsche Bank Trust Company Americas (the “Trustee”), and a First Supplemental Indenture, dated as of April 4, 2024 (the “First Supplemental Indenture” and together with the Base Indenture, the “Indenture”), between the Company and the Trustee. evidence_url: https://www.sec.gov/Archives/edgar/data/1889668/000119312524087299/0001193125-24-087299-index.htm - Material Agreements Blue Owl Technology Finance Corp. II entered into Registration Rights Agreement with Mizuho Securities USA LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc. and Truist Securities, Inc., as representatives of the Initial Purchasers (effective 2024-04-04). - Action: entry - Agreement: notes offering - Counterparty: Mizuho Securities USA LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc. and Truist Securities, Inc., as representatives of the Initial Purchasers - Effective: 2024-04-04 source text: In connection with the offering, the Company entered into a Registration Rights Agreement, dated as of April 4, 2024 (the “Registration Rights Agreement”), with Mizuho Securities USA LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc. and Truist Securities, Inc., as representatives of the Initial Purchasers. evidence_url: https://www.sec.gov/Archives/edgar/data/1889668/000119312524087299/0001193125-24-087299-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.