Blue Owl Technology Income Corp. subsidiary enters $350M secured credit facility

Blue Owl Technology Income Corp.

• Initial max borrowings $350M, subject to borrowing base and coverage test requirements.
• Facility matures June 12, 2034; revolving period of 2.5 years from closing.
• Interest on drawn amounts equals SOFR plus 1.58%-2.25%, depending on syndicated loan mix.
• Undrawn commitment fee 0.00% for first 3 months, then 0.50% per annum thereafter.
• Proceeds used to acquire eligible assets; company retains residual interest via subsidiary ownership.