Item 1.01 Entry into a Material Definitive Agreement
On January 17, 2024 (the “Amendment Date”), ORCC Financing II LLC (“ORCC Financing II”), a subsidiary of Blue Owl Capital Corporation (the “Company”), entered into Amendment No. 9 (the “Amendment” and the facility as amended, the “Secured Credit Facility”), which amended that certain Credit Agreement, dated as of May 22, 2018 as amended by the amendments dated as of October 10, 2018, dated as of December 20, 2018, dated as of May 30, 2019, dated as of November 22, 2019, dated as of March 17, 2020, dated as of July 8, 2021, dated as of March 25, 2022 and dated as of April 17, 2023, by and among ORCC Financing II, as Borrower, the lenders from time to time parties thereto (the “Lenders”), Natixis, New York Branch, as administrative agent, State Street Bank and Trust Company as collateral agent, collateral administrator and collateral custodian and Cortland Capital Market Services LLC as document custodian. Among other changes, the Amendment amends the Secured Credit Facility to increase the Total Revolving Commitment amount and added an additional lender.
Borrowings of ORCC Financing II are considered our borrowings for purposes of complying with the asset coverage requirements under the 1940 Act.
Item 2.03. Creation of a Direct Financial Obligation
The information set forth under Item 1.01 above is incorporated by reference into this Item 2.03.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
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Exhibit
Number | | Description |
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| 10.1 | | Amendment No. 9 to Credit Agreement, dated as of January 17, 2024, among ORCC Financing II LLC, as Borrower, the Lenders referred to therein, Natixis, New York Branch, as Administrative Agent, State Street Bank and Trust Company, as Collateral Agent, Collateral Administrator, Custodian and Cortland Capital Market Services LLC as Document Custodian. |
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| 104 | | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
