---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-195906"
form_type: "8-K"
ticker: "OBDC"
cik: "0001655888"
company_name: "Blue Owl Capital Corp"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:48:14.669185+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# OBDC to acquire OBDE in stock-for-stock merger expected to close Q1 2025

## Summary
- Combined pro forma total assets $18.4B, second largest publicly traded BDC by total assets.
- Exchange ratio based on NAV per share and OBDC market price; potential premium for OBDE if OBDC trades above NAV.
- Expected to be accretive to NII with operational savings >$5M in first year; termination fees $57.6M (OBDE) or $179.8M (OBDC).
- Requires shareholder and regulatory approvals; OBDC's advisor to reimburse up to $4.25M in expenses if closed.
- OBDC's existing $150M share repurchase program remains; combined company retains OBDC ticker.

## SEC filing metadata
- accession: 0001193125-24-195906
- form_type: 8-K
- ticker: OBDC
- cik: 0001655888
- company_name: Blue Owl Capital Corp
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1655888/000119312524195906/0001193125-24-195906-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1655888/000119312524195906/d857906d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-195906
- JSON: https://secwatch.observer/filing/0001193125-24-195906.json
- Plain text: https://secwatch.observer/filing/0001193125-24-195906.txt

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