debt
confidence high
sentiment positive
materiality 0.70
Blue Owl Credit Income Corp. subsidiary ups credit facility to $2.0B, lowers margin
Blue Owl Credit Income Corp.
- Financing limit rises from $1.5B to $1.65B on closing, then to $1.8B after 3 months and $2.0B after 6 months.
- Applicable margin reduced from 1.60%-2.60% to 1.525%-1.95% based on collateral composition.
- Availability period extended to May 22, 2028; maturity extended to May 22, 2030.
- Unused fee introduced with minimum utilization requirement; make-whole fee schedule amended.
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