Highest-materiality recent filing
Blue Owl Tech Finance issues $400M 6.5% notes due 2029; $250M Athena IV facility
Issued $400M additional 6.5% notes due 2029, total outstanding $900M; proceeds to repay revolver.
Fourth Amendment extends revolver availability to June 2030 and maturity to June 2031, from Dec 2028/Dec 2029.
Blue Owl Technology Finance issues $500M of 6.500% notes due 2029 to refinance existing debt
Issued $500M of 6.500% unsecured notes due October 15, 2029; interest payable semiannually.
Blue Owl Tech Finance Q1 NII $0.37, NAV down to $16.49; declares $0.40 dividend
GAAP NII per share $0.37, adjusted NII per share $0.29; net realized/unrealized loss of $0.84 per share.
Blue Owl Technology Finance Q4 GAAP NII $0.26/sh; adj NII $0.30; NAV $17.33; new $300M buyback
Q4 GAAP NII per share $0.26; adjusted NII per share $0.30; dividends declared $0.40/sh with 9.2% yield on NAV.
OTF completes $615.1M CLO refinancing via Athena CLO II; new notes and loans issued
Issued $75M AAA(sf) Class A-R Notes at Benchmark+1.70%, $31.25M AA(sf) Class B-R at Benchmark+2.00%, $18.75M A(sf) Class C-R at Benchmark+2.40%.
Blue Owl Tech Fin Q3 NII $0.28/sh (adj $0.32); lock-up monthly 11% releases start Nov 13
GAAP NII per share $0.28; adjusted NII per share $0.32 (ex-capital gains incentive fees).
Blue Owl Tech Finance upsizes credit facility to $500M, extends maturity and lowers spread
Commitment increased from $300M to $500M; maturity extended from Oct 2029 to Oct 2030.
Blue Owl Technology Finance Corp. completes $501.32M CLO securitization
Issued $260M Class A notes (AAA, SOFR+1.73%), $25M Class B (AA, SOFR+2.25%), $15M Class C (A, SOFR+2.70%) maturing Oct 15, 2038.
OTF Q2 NII $0.34/sh (adj $0.36); NAV $17.17; Q3 dividend $0.40/sh
GAAP NII per share $0.34; adjusted NII $0.36 (excl. capital gains incentive fee accrual).
Blue Owl Technology Finance Corp. to list on NYSE under ticker 'OTF' starting June 12, 2025
Largest publicly traded tech-focused BDC by total assets; 181 portfolio companies with $12.1B fair value as of March 31, 2025.
Blue Owl Technology Finance Corp. intends to list on NYSE on or about June 12, 2025 under ticker OTF
Initial float of 23,256,814 shares (5% of each shareholder’s position) freely tradeable at listing; remaining locked up in three tranches.
Merger closed; OTF II shareholders received 0.9113 OTF shares per share; combined company owns 46% legacy OTF / 54% former OTF II.
Blue Owl Technology Finance Corp. and OTF II shareholders approve merger; expected close March 24
Shareholders of OTF and OTF II voted nearly 100% in favor of all merger-related proposals.
Blue Owl Technology Finance closes $650M 6.100% notes due 2028 offering
Completed private placement of $650M aggregate principal of 6.100% notes due March 15, 2028.
Third Amendment extends revolver availability from Sep 2027 to Dec 2028 and maturity from Sep 2028 to Dec 2029.
Blue Owl Technology Finance Corp. and OTF II sign merger at 0.9305 exchange ratio
Merger of OTF and OTF II with OTF surviving; expected close Q2 2025.
Blue Owl Tech Finance subsidiary ups credit facility to $700M, extends maturity to 2035
OR Tech Financing I LLC increased total term commitment from $600M to $700M.
Commitments increased from $300M to $400M under Amendment No.2, dated Oct 30, 2024.
Total facility increased from $1.04B to $1.09B; accordion provision raised to $1.635B.
Blue Owl Technology Finance completes $337.5M CLO refinancing, issues four tranches of secured notes
Issued $112.5M Class A-1R (Benchmark+3.05%), $23.5M Class A-2R (6.937%), $53M Class B-1R (Benchmark+4.64%), $15M Class B-2R (8.497%) notes.
Maturity extended from August 12, 2030 to December 22, 2033.
Owl Rock Tech Finance upsizes credit facility to $1.04B, extends maturity to Nov 2027
Swingline subfacility increased from $50M to $200M; availability period extended to Nov 2026; maturity extended to Nov 2027.
On January 24, 2022, Brian Finn notified Owl Rock Technology Finance Corp. (the “Company”) of his intention to resign as a director of the Company, effective February 23, 2022.
On November 19, 2021, the board of directors (the “Board”) of Owl Rock Technology Finance Corp. (the “Company”), upon the recommendation of the Nominating and Corporate Governance Committee of the Board (the “Nominating Committee”), voted to appoint Victor Woolridge as a Class II director of the Board, a member of the Nominating Committee and a member of the Audit Committee.
Max materiality 0.85 · Median 0.55 · Most common event debt