debt
confidence high
sentiment neutral
materiality 0.55
Blue Owl Capital extends revolver maturity to 2031, reduces facility to $4.0B, terminates $300M facility
Blue Owl Capital Corp
- Revolver availability period extended to June 2030; maturity extended to June 2031.
- Total facility reduced from $4.025B to $4.0B; accordion increased to $6.0B.
- Separate $300M secured credit facility terminated and fully repaid.
- City National Bank and Valley National Bank depart as lenders; new lenders added.
- Minimum shareholders' equity test reset under the amended credit agreement.