Blue Owl Credit Income Corp. subsidiary enters $300M secured credit facility

Blue Owl Credit Income Corp.

• Core Income Funding IX LLC, a newly formed subsidiary, entered a $300M revolving credit facility with BNP Paribas as administrative agent.
• Facility bears interest at SOFR + 1.95% per annum; maturity date August 12, 2030.
• Proceeds will finance origination and acquisition of eligible assets; company retains residual interest.
• Draw period of up to 3 years; undrawn fee ranges from 0.50% to 1.50% per annum.
• Facility is secured by assets of Core Income Funding IX and is uncommitted; borrowings count toward asset coverage under the 1940 Act.