debt
confidence high
sentiment positive
materiality 0.55
Blue Owl Capital Corp subsidiary extends credit facility maturity to 2036, reduces margin to 1.95%
Blue Owl Capital Corp
- Amendment No. 10 to ORCC Financing II facility: reinvestment period extended to April 2028 (from 2025), maturity to April 2036 (from 2033).
- Margin reduced from 2.75% to 1.95% per annum; Cost of Funds Rate Cap reduced and Commitment Fee schedule modified.
- Cortland Capital Market Services replaced by State Street Bank and Trust Company as Document Custodian.
- Borrowings count as Blue Owl Capital Corp's borrowings for asset coverage purposes under the 1940 Act.