--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-26-098659" form_type: "8-K" ticker: null cik: "0001812554" company_name: "Blue Owl Credit Income Corp." filed_at: "2026-03-09T23:59:59+00:00" generated_at: "2026-05-15T18:07:31.462370+00:00" event_type: "debt" sentiment: "neutral" materiality_score: 0.6 calibrated_materiality_score: 0.6 confidence: "high" source: SEC EDGAR --- # Blue Owl Credit closes $800M CLO and $500M secured credit facility on March 5 ## Summary - $800M CLO issued by subsidiary Owl Rock CLO XXIV; notes range from AAA(sf) at SOFR+1.39% to A(sf) at SOFR+1.90%. - $500M Secured Credit Facility for newly formed subsidiary Core Income Funding XI, maturing March 2029, rate SOFR+1.35%. - Company purchased all $200.95M of preferred shares issued in CLO to satisfy retention requirements. - Proceeds from both transactions will be used for general corporate purposes and to acquire middle-market loans. - Collateral management fees from BOCA are waived but may be rescinded, offsetting management fees. ## SEC filing metadata - accession: 0001193125-26-098659 - form_type: 8-K - cik: 0001812554 - company_name: Blue Owl Credit Income Corp. - filed_at: 2026-03-09T23:59:59+00:00 - event_type: debt - sentiment: neutral - materiality_score: 0.6 - calibrated_materiality_score: 0.6 - confidence: high - sec_items: 1.01, 2.03, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1812554/000119312526098659/0001193125-26-098659-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812554/000119312526098659/d105848d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-26-098659 - JSON: https://secwatch.observer/filing/0001193125-26-098659.json - Plain text: https://secwatch.observer/filing/0001193125-26-098659.txt ## Key facts - Debt Financings Blue Owl Credit Income Corp. incurred loan of $800 million term debt securitization transaction with The Bank of New York Mellon Trust Company, National Association maturing January 2038. - Instrument: loan - Principal: $800 million term debt securitization transaction - Counterparty: The Bank of New York Mellon Trust Company, National Association - Maturity: January 2038 - Event: incurrence source text: On March 5, 2026 (the “Closing Date”), Blue Owl Credit Income Corp. (the “Company”) completed a $800 million term debt securitization transaction (the “CLO Transaction”), also known as a collateralized loan obligation transaction, which is a form of secured financing incurred by the Company. evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312526098659/0001193125-26-098659-index.htm - Debt Financings Blue Owl Credit Income Corp. incurred credit facility with Bank of America, N.A.. - Instrument: credit facility - Counterparty: Bank of America, N.A. - Event: incurrence source text: On the Closing Date, Core Income Funding XI LLC (“Core Income Funding XI”), a Delaware limited liability company and newly formed subsidiary of the Company, entered into a Credit Agreement (the “Secured Credit Facility”), with Core Income Funding XI, as borrower, BOCA, as servicer, the lenders from time to time parties thereto, Bank of America, N.A., as administrative agent, The Bank of New York Mellon Trust Company, National Association, as collateral agent and as collateral custodian and Bank of America, N.A., as sole lead arranger and sole book manager. evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312526098659/0001193125-26-098659-index.htm - Material Agreements Blue Owl Credit Income Corp. entered into Indenture with The Bank of New York Mellon Trust Company, National Association valued at $800 million (effective 2026-03-05). - Action: entry - Agreement: credit facility - Counterparty: The Bank of New York Mellon Trust Company, National Association - Value: $800 million - Effective: 2026-03-05 source text: On March 5, 2026 (the “Closing Date”), Blue Owl Credit Income Corp. (the “Company”) completed a $800 million term debt securitization transaction (the “CLO Transaction”) evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312526098659/0001193125-26-098659-index.htm - Material Agreements Blue Owl Credit Income Corp. entered into Secured Credit Facility with Core Income Funding XI LLC, Bank of America, N.A., The Bank of New York Mellon Trust Company, National Association (effective 2026-03-05). - Action: entry - Agreement: credit facility - Counterparty: Core Income Funding XI LLC, Bank of America, N.A., The Bank of New York Mellon Trust Company, National Association - Effective: 2026-03-05 source text: entered into a Credit Agreement (the “Secured Credit Facility”), with Core Income Funding XI, as borrower, BOCA, as servicer, the lenders from time to time parties thereto, Bank of America, N.A., as administrative agent, The Bank of New York Mellon Trust Company, National Association, as collateral agent and as collateral custodian and Bank of America, N.A., as sole lead arranger and sole book manager. evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312526098659/0001193125-26-098659-index.htm - Material Agreements Blue Owl Credit Income Corp. entered into A-L Credit Agreement with The Bank of New York Mellon Trust Company, National Association valued at $53 million (effective 2026-03-05). - Action: entry - Agreement: credit facility - Counterparty: The Bank of New York Mellon Trust Company, National Association - Value: $53 million - Effective: 2026-03-05 source text: The Class A-L Loans were borrowed under a credit agreement (the “A-L Credit Agreement”), dated as of the Closing Date, by and among the Issuer, as borrower, the lenders party thereto, and The Bank of New York Mellon Trust Company, National Association, as collateral trustee and loan agent. evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312526098659/0001193125-26-098659-index.htm - Material Agreements Blue Owl Credit Income Corp. entered into BOCIC Loan Sale Agreement with Owl Rock CLO XXIV, LLC valued at approximately $766.018 million (effective 2026-03-05). - Action: entry - Agreement: asset purchase - Counterparty: Owl Rock CLO XXIV, LLC - Value: approximately $766.018 million - Effective: 2026-03-05 source text: the Company entered into a loan sale agreement with the Issuer dated as of the Closing Date (the “BOCIC Loan Sale Agreement”), which provided for the contribution and sale of approximately $766.018 million funded par amount of middle market loans evidence_url: https://www.sec.gov/Archives/edgar/data/1812554/000119312526098659/0001193125-26-098659-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.