secwatch.observer — SEC 8-K summary
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Issuer:     Blue Owl Capital Corp (OBDC)
CIK:        0001655888
Form:       8-K
Filed at:   2025-01-13T23:59:59+00:00
Accession:  0001628280-25-001250
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.03, 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Owl Capital Corp closes merger with OBDE, issues ~120.6M shares, assumes $325M notes
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- Merger closed Jan 13, 2025; each OBDE share converted to 0.9779 OBDC shares; ~120.6M OBDC shares issued.
- OBDC assumed $325M 3.125% Notes due 2027 and $492M senior notes (Series 2022A/B, 2023A) from OBDE.
- OBDC's revolving credit facility increased from $2.985B to $3.660B via accordion feature upon merger closing.
- Estimated NAVs as of Jan 10: OBDC $15.30/sh, OBDE $14.96/sh; exchange ratio adjusted due to stock/NAV ratio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1655888/000162828025001250/0001628280-25-001250-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1655888/000162828025001250/obdc-20250113.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-001250

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