secwatch.observer — SEC 8-K summary
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Issuer:     Blue Owl Technology Finance Corp. (OTF)
CIK:        0001747777
Form:       8-K
Filed at:   2026-09-04T12:30:06+00:00
Accession:  0001193125-26-382839
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Owl Technology Finance issues $150M 7.60% senior notes due 2032
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- $150M aggregate principal, 7.60% coupon, due Sept 3, 2032, private placement to qualified institutional investors.
- Third financing since June 30; total debt raised $800M, including $400M 6.5% notes due 2029 and $250M SPV facility.
- Notes are unsecured, guaranteed by certain subsidiaries, rank pari passu with existing unsecured unsubordinated debt.
- Covenants include minimum net worth $4.943B and asset coverage ratio 1.50x; interest step-ups on below-investment-grade or secured-debt-ratio events.
- CEO Packer cites low non-accrual rates and strong investor support; proceeds to strengthen liquidity and fund portfolio growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1747777/000119312526382839/0001193125-26-382839-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1747777/000119312526382839/d165719d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-382839

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer