secwatch.observer — SEC 8-K summary
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Issuer:     Blue Owl Credit Income Corp. (—)
CIK:        0001812554
Form:       8-K
Filed at:   2026-06-11T20:01:43+00:00
Accession:  0001628280-26-042497
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Owl Credit Income issues $500M 6.550% notes due 2031, net proceeds ~$488.6M to reduce revolver
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- $500M aggregate principal, 6.550% coupon, maturity Oct 15, 2031, semi-annual interest.
- Net proceeds of ~$488.6M after $1.5M fees and expenses.
- Proceeds used to pay down $568.3M outstanding on senior secured revolver (as of Mar 31, 2026).
- Notes are unsecured, rank equally with $6.7B existing unsecured notes; effectively subordinated to secured debt.
- Registration rights agreement requires exchange offer registration by June 11, 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812554/000162828026042497/0001628280-26-042497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812554/000162828026042497/ocic-20260608.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-042497

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