secwatch.observer — SEC 8-K summary
======================================

Issuer:     Blue Owl Capital Corp (OBDC)
CIK:        0001655888
Form:       8-K
Filed at:   2025-06-13T23:59:59+00:00
Accession:  0001193125-25-140799
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Owl Capital subsidiary amends credit facility; extends maturity, lowers margin, raises advance rate
--------------------------------------------------------------------------------

- Amendment No. 7 to ORCC III Financing LLC's secured credit facility extends revolving period to March 2028 and termination to March 2030.
- Applicable margin reduced from 2.70% to 1.90% for all loans; advance rate cap raised from 60% to 62.5%.
- State Street Bank replaces Alter Domus as collateral custodian; First-Citizens Bank and Crédit Agricole added as lenders.
- Prepayment penalty may apply if commitments terminated or reduced within first year of amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1655888/000119312525140799/0001193125-25-140799-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1655888/000119312525140799/d21289d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-140799

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer