secwatch.observer — SEC 8-K summary
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Issuer:     Blue Owl Capital Corp II (—)
CIK:        0001655887
Form:       8-K
Filed at:   2026-02-18T23:59:59+00:00
Accession:  0001628280-26-009025
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 2.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OBDC II sells $600M in loans at 99.7% of par; announces special distribution up to $2.35/share
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- Sold $600M of debt investment commitments (33.8% of total) to six institutional investors at 99.7% of par value.
- Proceeds used to repay $286.8M in debt and fund special cash distribution of up to $2.35/share (~30% NAV) by March 31, 2026.
- Board approved regular monthly distributions of $0.0533/share for Feb/March 2026; terminated dividend reinvestment plan.
- Amended credit facility: commitment reduced from $225M to $75M, availability shortened to Oct 2027, margins increased.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1655887/000162828026009025/0001628280-26-009025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1655887/000162828026009025/obdc-20260217.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-009025

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