debt
confidence high
sentiment positive
materiality 0.55
Blue Owl ups credit facility to $2.985B, extends maturity to Nov 2029
Blue Owl Capital Corp
- Facility increased from $2.63B to $2.985B; accordion raised to $5.5B post-OBDE merger.
- Revolver availability extended to Nov 2028, maturity to Nov 2029 for extending lenders.
- Unused fee cut from 0.375% to 0.350%; applicable margin reduced by up to 0.10%.
- Minimum shareholders' equity test reset; new lenders joined, some commitments reduced.