secwatch.observer — SEC 8-K summary
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Issuer:     Blue Owl Capital Corp III (—)
CIK:        0001807427
Form:       8-K
Filed at:   2025-01-13T23:59:59+00:00
Accession:  0001628280-25-001248
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Owl Capital Corporation III acquired by OBDC; creates $18.6B BDC
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- OBDE shareholders received 0.9779 OBDC shares per share; cash for fractional shares.
- Combined BDC has $18.6B total assets at fair value and 232 portfolio companies; now second largest publicly traded BDC.
- Legacy OBDC shareholders own ~76% of combined company; former OBDE holders own ~24%.
- OBDC adviser Blue Owl Credit Advisors LLC reimbursed $4.25M of merger-related fees and expenses.
- Trading of OBDE halted Jan 13, 2025; combined company continues under OBDC on NYSE.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807427/000162828025001248/0001628280-25-001248-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807427/000162828025001248/obde-20250113.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-001248

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