secwatch / observer
8-K filed April 9, 2024, 7:59 PM ET CIK 0001869453
other material confidence medium sentiment neutral materiality 0.20

Blue Owl Technology Income Corp.: debt financing — Blue Owl Tech Income Corp. amends credit facility to replace CDOR with CORRA for CAD borrowings

Blue Owl Technology Income Corp.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Blue Owl Technology Income Corp. amended revolving credit with Citibank, N.A. as administrative agent at CDOR to Daily Compounded CORRA plus an adjustment of 0.2846%.

Instrument
revolving credit
Counterparty
Citibank, N.A. as administrative agent
Rate
CDOR to Daily Compounded CORRA plus an adjustment of 0.2846%
Event
amendment
Exact text from the filing
The First Credit Facility Amendment amends the Secured Credit Facility to change the benchmark for amounts drawn in Canadian dollars from CDOR to Daily Compounded CORRA plus an adjustment of 0.2846%.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Blue Owl Technology Income Corp. amended First Credit Facility Amendment with Citibank, N.A. (effective 2024-04-08).

Action
amendment
Agreement
credit facility
Counterparty
Citibank, N.A.
Effective
2024-04-08
Exact text from the filing
On April 8, 2024, Tech Income Funding II LLC (“Tech Income Funding II”), a wholly-owned subsidiary of Blue Owl Technology Income Corp., (the “Company”), entered into Amendment No. 1 (the “First Credit Facility Amendment”) to its senior secured revolving credit facility (the “Secured Credit Facility”), dated May 31, 2023, by and among Tech Income Funding II LLC, as Borrower, the Company, as collateral manager and equityholder, the lenders from time to time parties thereto, Citibank, N.A., as administrative agent, Alter Domus (US) LLC, as custodian, and State Street Bank and Trust Company, as collateral agent and collateral administrator.
View on SEC.gov

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Source: SEC EDGAR
accession 0001193125-24-090884
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