---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-097814"
form_type: "8-K"
ticker: "OBDC"
cik: "0001655888"
company_name: "Blue Owl Capital Corp"
filed_at: "2024-04-16T23:59:59+00:00"
generated_at: "2026-06-03T22:17:17.387436+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Blue Owl Capital Corp completes $260M CLO refinancing with notes maturing 2036

## Summary
- Issued $228M Class A-R notes at Benchmark+1.85% and $32M Class B-R notes at Benchmark+2.35%.
- Secured notes mature in April 2036; proceeds used to redeem prior CLO notes and pay expenses.
- Preferred shares of $135.31M remain outstanding; Issuer merged with original CLO issuer.
- Blue Owl Credit Advisors serves as collateral manager, waiving fees but may rescind with offset.
- Adviser OCA may purchase additional middle-market loans through April 2028 using proceeds.

## SEC filing metadata
- accession: 0001193125-24-097814
- form_type: 8-K
- ticker: OBDC
- cik: 0001655888
- company_name: Blue Owl Capital Corp
- filed_at: 2024-04-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1655888/000119312524097814/0001193125-24-097814-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655888/000119312524097814/d637253d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-097814
- JSON: https://secwatch.observer/filing/0001193125-24-097814.json
- Plain text: https://secwatch.observer/filing/0001193125-24-097814.txt

## Key facts
- Debt Financings
  Blue Owl Capital Corp incurred loan of $260,000,000 term debt securitization refinancing with State Street Bank and Trust Company at Benchmark plus 1.85% and (ii) $32,000,000 of AA(sf) Class B-R Notes, which bear maturing Payment Date in April 2036.
  - Instrument: loan
  - Principal: $260,000,000 term debt securitization refinancing
  - Counterparty: State Street Bank and Trust Company
  - Rate: Benchmark plus 1.85% and (ii) $32,000,000 of AA(sf) Class B-R Notes, which bear
  - Maturity: Payment Date in April 2036
  - Event: incurrence
  source text: On April 11, 2024 (the “Refinancing Date”), Blue Owl Capital Corporation (the “Company”) completed a $260,000,000 term debt securitization refinancing (the “CLO Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1655888/000119312524097814/0001193125-24-097814-index.htm

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