debt
confidence high
sentiment neutral
materiality 0.55
Blue Owl Credit Income subsidiary amends credit facility: revolver increased to $450M, maturity extended to 2036
Blue Owl Credit Income Corp.
- Total Revolving Commitment increased from $325M to $450M; Total Term Commitment reduced from $200M to $0.
- Reinvestment period extended from Sep 2025 to May 2028; maturity extended from Sep 2033 to May 2036.
- Daily rate amended from (2.00% x BSL Ratio) + (2.85% x (100%- BSL Ratio)) to (1.50% x BSL Ratio) + (2.00% x (100%- BSL Ratio)).
- Cost of Funds Rate Cap reduced; Commitment Fee schedule modified.
- State Street Bank and Trust Company appointed as successor Document Custodian, replacing Alter Domus (US) LLC.
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