8-K
filed May 1, 2026, 7:59 PM ET
CIK 0001812554
debt
confidence high
sentiment neutral
materiality 0.50
Blue Owl Credit Income Corp.: debt financing — Blue Owl Credit Income Corp. closes $395.8M CLO refinancing, redeems prior notes and preferred shares
Blue Owl Credit Income Corp.
- Closed $395.8M term debt securitization (CLO) refinancing on April 27, 2026 via subsidiary Owl Rock CLO XI, LLC.
- Issued $82M AAA(sf) Class A-R Notes at Benchmark+1.45% and $40M AA(sf) Class B-R Notes at Benchmark+2.00%.
- Incurred $50M Class A-1-RL and $100M Class A-2-RL floating-rate loans, each at Benchmark+1.45%.
- Proceeds used to redeem prior notes and 12,000 preferred shares from May 2023; 123,820 preferred shares remain.
- Blue Owl Credit Advisors LLC serves as collateral manager; fee waived, may be rescinded.
Key facts
Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Blue Owl Credit Income Corp. incurred loan of $395,820,000 with State Street Bank and Trust Company at Benchmark plus 1.45% and Benchmark plus 2.00% maturing April 2039.
- Instrument
- loan
- Principal
- $395,820,000
- Counterparty
- State Street Bank and Trust Company
- Rate
- Benchmark plus 1.45% and Benchmark plus 2.00%
- Maturity
- April 2039
- Event
- incurrence
Exact text from the filing
On April 27, 2026 (the “First Refinancing Date”), Blue Owl Credit Income Corp. (the “Company”) completed a $395,820,000 term debt securitization refinancing (the “CLO Refinancing”), also known as a collateralized loan obligation refinancing, which is a form of secured financing incurred by the Company.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Blue Owl Credit Income Corp. amended Amended and Restated Collateral Management Agreement with Blue Owl Credit Advisors LLC (effective 2026-04-27).
- Action
- amendment
- Counterparty
- Blue Owl Credit Advisors LLC
- Effective
- 2026-04-27
Exact text from the filing
BOCA will serve as collateral manager for the Issuer under an amended and restated collateral management agreement dated as of the First Refinancing Date (the “Amended and Restated Collateral Management Agreement”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Blue Owl Credit Income Corp. amended BOCIC Loan Sale Agreement with Owl Rock CLO XI, LLC (effective 2026-04-27).
- Action
- amendment
- Agreement
- asset purchase
- Counterparty
- Owl Rock CLO XI, LLC
- Effective
- 2026-04-27
Exact text from the filing
the Company entered into an amended and restated loan sale agreement dated as of the First Refinancing Date (the “BOCIC Loan Sale Agreement”)
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Blue Owl Credit Income Corp. entered into Indenture with State Street Bank and Trust Company valued at $395,820,000 (effective 2026-04-27).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- State Street Bank and Trust Company
- Value
- $395,820,000
- Effective
- 2026-04-27
Exact text from the filing
On April 27, 2026 (the “First Refinancing Date”), Blue Owl Credit Income Corp. (the “Company”) completed a $395,820,000 term debt securitization refinancing (the “CLO Refinancing”)
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Blue Owl Credit Income Corp. entered into A-1-RL Loan Agreement with State Street Bank and Trust Company (effective 2026-04-27).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- State Street Bank and Trust Company
- Effective
- 2026-04-27
Exact text from the filing
The CLO Refinancing was executed by (A) the issuance of the following classes of notes pursuant to an amended and restated indenture and security agreement dated as of the First Refinancing Date (the “Indenture”), by and between the Issuer and State Street Bank and Trust Company: (i) $82 million of AAA(sf) Class A-R Notes, which initially bear interest at Benchmark plus 1.45% and (ii) $40 million of AA(sf) Class B-R Notes, which initially bear interest at Benchmark plus 2.00% (together, the “Secured Notes”) and (B) the borrowing by the Issuer of (i) $50 million under floating rate Class A-1-RL loans (the “Class A-1-RL Loans”) and (ii) $100 million under floating rate Class A-2-RL loans (the “Class A-2-RL Loans”, and together with the Class A-1-RL Loans and Secured Notes, the “Debt”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Blue Owl Credit Income Corp. entered into A-2-RL Loan Agreement with State Street Bank and Trust Company (effective 2026-04-27).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- State Street Bank and Trust Company
- Effective
- 2026-04-27
Exact text from the filing
The Class A-2-RL Loans were borrowed under a loan agreement (the “A-2-RL Loan Agreement”), dated as of the First Refinancing Date, by and among the Issuer, as borrower, the lenders party thereto, and State Street Bank and Trust Company, as collateral trustee and loan agent.
View on SEC.gov
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