Blue Owl Credit Income Corp. Completes $500.7 Million CLO Refinancing via Owl Rock CLO VIII

Blue Owl Credit Income Corp. (BOCIC) announced the successful completion of a $500.7 million collateralized loan obligation (CLO) refinancing on April 24, 2025, through its subsidiary Owl Rock CLO VIII, LLC. This refinancing included the issuance of secured notes and additional preferred shares backed by a portfolio of middle market loans.

Key Terms of the CLO Refinancing:

Secured Notes Issued:

$275M Class A-1R Notes at Benchmark +1.49%

$30M Class A-2R Notes at Benchmark +1.80%

$35M Class B-R Notes at Benchmark +1.90%

$35M Class C-R Notes at Benchmark +2.40%

Subordinated Interests:

$24M in Additional Preferred Shares issued to the Company

Brings total preferred shares held by BOCIC to 125,675

The proceeds from this refinancing were used to redeem previous notes, repay prior loans, cover transaction costs, and purchase additional assets from BOCIC. The Company continues to act as retention holder to meet U.S., EU, and UK regulatory requirements.

Additionally, BOCIC and its investment adviser Blue Owl Credit Advisors LLC executed an amended loan sale agreement covering $192.3 million in middle market loans and future transfers. The advisor serves as collateral manager under a separate agreement and has initially waived its management fees.

Blue Owl Credit Income Corp. – Credit Facility Expansion Summary

On April 18, 2025, Blue Owl Credit Income Corp. amended its secured credit facility via Amendment No. 9. Key changes include: the facility size increased from $1.5B to $2.0B; the revolving period was extended to April 18, 2028; and the facility termination date was pushed to April 18, 2030. The applicable margin was updated to 1.70%, and fee structures were adjusted. These borrowings are treated as the company’s own under the 1940 Act for asset coverage compliance.

Blue Owl Capital Inc. (NYSE: OWL) ("Blue Owl") today announced it will release its financial results for the first quarter ended March 31, 2025 on Thursday, May 1, 2025 before market open. Blue Owl invites all interested persons to its webcast / conference call at 10 a.m. Eastern Time to discuss its results.

Conference Call Information:

The conference call will be broadcast live on the Shareholders section of Blue Owl's website at www.blueowl.com.

FOR IMMEDIATE RELEASE

Blue Owl Capital Corporation Schedules Earnings Release and Conference Call for First Quarter 2025 Financial Results

NEW YORK – April 3, 2025 – Blue Owl Capital Corporation (NYSE: OBDC) (“OBDC”) today announced that it will release its financial results for the quarter ended March 31, 2025, on Wednesday, May 7, 2025, after the market closes.

OBDC will host a webcast and conference call to discuss the results on Thursday, May 8, 2025, at 10:00 a.m. Eastern Time.

Conference Call Details
Webcast: www.blueowlcapitalcorporation.com — Events section

Domestic dial-in: (877) 737-7048

International dial-in: +1 (201) 689-8523

Reference: “Blue Owl Capital Corporation”

Participants are encouraged to join 10-15 minutes early to allow time for registration.

Replay Information
Web Replay: Available on the Events section of the website for one year

Phone Replay (available for 14 days):

Domestic: (877) 660-6853

International: +1 (201) 612-7415

Access Code: 13751858

About Blue Owl Capital Corporation
Blue Owl Capital Corporation (NYSE: OBDC) is a leading specialty finance company focused on providing direct lending solutions to U.S. middle-market companies. The company is structured as a Business Development Company (BDC) under the Investment Company Act of 1940 and is externally managed by Blue Owl Credit Advisors LLC, an affiliate of Blue Owl Capital Inc. (NYSE: OWL).

Forward-Looking Statements
This release contains “forward-looking statements,” which involve risks and uncertainties that could cause actual results to differ materially from those expressed. These statements are not historical facts and are based on expectations and assumptions that are subject to change. For additional details, please review OBDC’s filings with the Securities and Exchange Commission.

Blue Owl Technology Finance Corp. II Shareholders Approve Merger Agreement

NEW YORK – March 20, 2025 – Blue Owl Technology Finance Corp. II announced that shareholders have approved the proposed Agreement and Plan of Merger with Blue Owl Technology Finance Corp. and its wholly owned subsidiary Oriole Merger Sub Inc. The vote passed with overwhelming support: 206,880,542 votes in favor, 55,213 against, and 81,450 abstentions.

Blue Owl Technology Finance Corp. Shareholders Approve Amended Charter at Special Meeting

NEW YORK – March 20, 2025 – Blue Owl Technology Finance Corp. announced that its shareholders have approved the Second Articles of Amendment and Restatement during a special meeting held on March 20, 2025. The proposal passed with overwhelming support, receiving 123.9 million votes in favor, 939,522 against, and 1.3 million abstentions. The company also issued a related press release, available as Exhibit 99.1 to its Form 8-K.

Blue Owl Real Estate Net Lease Trust Reports NAV Per Share and Equity Sale
March 19, 2025 – Blue Owl Real Estate Net Lease Trust has announced its net asset value (NAV) per share as of February 28, 2025, along with the sale of Class I common shares to feeder vehicles.

Key Updates:
Equity Sale:

Sold 3,838,014 Class I common shares
Gross proceeds of approximately $39.1 million
Sales were exempt from SEC registration under Regulation D and Regulation S
NAV Per Share (as of February 28, 2025):

Class S: $10.1378
Class N: $10.2196
Class D: $10.0168
Class I: $10.2004
Total Net Asset Value (NAV):

$5.17 billion
The NAV calculation follows valuation guidelines approved by the Board of Trustees and includes investments in real estate, debt, and unconsolidated real estate affiliates.

This information was disclosed in Blue Owl Real Estate Net Lease Trust’s latest SEC Form 8-K filing.

Blue Owl Capital Corporation Completes $484.9 Million CLO Refinancing

New York, NY – February 28, 2025 – Blue Owl Capital Corporation (NYSE: OBDC) has completed a $484.9 million term debt securitization refinancing (the "CLO Refinancing"), securing financing through its subsidiary, Owl Rock CLO VII, LLC.

Key Details of the CLO Refinancing
The refinancing was executed through secured notes and preferred shares issued by Owl Rock CLO VII, LLC, backed by a portfolio of middle market loans and participation interests.
The transaction includes:
$202 million AAA(sf) Class A-R Notes at Benchmark +1.40%
$53.5 million AA(sf) Class B-R Notes at Benchmark +1.70%
$50 million Class A-L1-R Loans at Benchmark +1.40%
$25 million Class A-L2-R Loans at Benchmark +1.40%
The debt matures in April 2038 and is secured by middle market loans and other assets.
Purpose and Use of Proceeds
The proceeds were used to redeem outstanding notes issued on the original closing date (July 26, 2022) and cover transaction expenses.
Blue Owl Capital Corporation purchased $43.1 million in additional preferred shares, bringing its total holdings to 154,420 preferred shares.
Loan Sale Agreement and Investment Strategy
Blue Owl Capital Corporation transferred $111.2 million in middle market loans to Owl Rock CLO VII, LLC as part of the refinancing.
The Issuer retains the right to reinvest loan proceeds into new middle market loans until April 20, 2030, following the investment strategy managed by Blue Owl Credit Advisors LLC.
Collateral Management and Fees
Blue Owl Credit Advisors LLC serves as the collateral manager and has waived its management fees but retains the right to reinstate them.
If reinstated, the fees will be offset by a reduction in Blue Owl Capital Corporation's investment advisory fees.
Regulatory Considerations
The secured notes were privately placed by SG Americas Securities, LLC and are not registered under the Securities Act of 1933.
Blue Owl Capital Corporation acts as the retention holder, ensuring compliance with U.S., EU, and UK securitization regulations.

Blue Owl Capital Corporation announced that it has entered into an equity distribution agreement with multiple sales agents, including RBC Capital Markets, Truist Securities, and Mizuho Securities USA, among others. Under this agreement, the company may offer and sell shares of its common stock, valued at up to $750 million, through an "at the market offering." Sales will be made on the New York Stock Exchange or through privately negotiated transactions.

The agreement allows Blue Owl Capital Corporation to suspend or terminate the offering at any time. Sales agents will receive up to 1.50% of the gross sales price as compensation. Additionally, Blue Owl Credit Advisors, the company's investment adviser, may cover some commission costs to ensure shares are not sold below the company’s net asset value per share.

The offering is conducted under the company’s shelf registration statement on Form N-2, and legal opinions regarding the issuance of shares have been provided by Eversheds Sutherland (US) LLP.

Blue Owl Capital Inc. reported its fourth-quarter results for 2024, highlighting a year of record achievements, including over $250 billion in assets under management (AUM). The company attributed its success to product innovation, strategic M&A, and expanding its business across multiple platforms. Blue Owl emphasized its focus on generating income and providing downside protection for investors, with plans to share more details at its upcoming Investor Day.

The company declared a quarterly dividend of $0.18 per Class A Share, payable on February 28, 2025, to shareholders of record as of February 19, 2025.

Blue Owl manages assets across three main platforms: Credit, GP Strategic Capital, and Real Assets, providing private capital solutions for long-term growth. The company also focuses on delivering strong, risk-adjusted returns and capital preservation.

Blue Owl Capital Corporation (NYSE: OBDC) announced it will release its financial results for the fourth quarter and fiscal year ended December 31, 2024, on February 19, 2025, after market close. The company will host a webcast and conference call to discuss the results on February 20, 2025, at 10:00 a.m. Eastern Time.

The webcast will be accessible through the Events section of the company’s website, and participants can also join via domestic and international dial-in numbers. A replay of the call will be available for one year on the website and for 14 days through dial-in numbers.

Blue Owl Capital Corporation is a specialty finance company focused on lending to U.S. middle-market companies. It operates as a business development company under the Investment Company Act of 1940 and is managed by Blue Owl Credit Advisors LLC, an SEC-registered investment adviser affiliated with Blue Owl Capital Inc.

For further details, investor inquiries can be directed to Michael Mosticchio at credit-ir@blueowl.com, and media inquiries to Josh Clarkson at pro-blueowl@prosek.com.

Blue Owl Technology Finance Corp. announced the completion of its $650 million private offering of 6.100% notes due 2028. The net proceeds, approximately $638.1 million after deducting fees and expenses, will be used to reduce outstanding debt under its Revolving Credit Facility and SPV Asset Facility II, as well as for working capital and general corporate purposes. The notes were issued in a private placement under Rule 144A and Regulation S of the Securities Act of 1933 and are unsecured senior obligations of the company.

The notes, which mature on March 15, 2028, bear interest at 6.100% annually, payable semi-annually starting September 15, 2025. The issuance is governed by an Indenture dated June 12, 2020, and a Fifth Supplemental Indenture dated January 21, 2025. The company has also entered into a Registration Rights Agreement requiring it to register an exchange offer for the notes within one year of issuance. In case of failure to meet this obligation, additional interest will be payable to noteholders.

Blue Owl Real Estate Net Lease Trust filed a Form 8-K report detailing its recent equity sales and the calculation of net asset value (NAV) as of December 31, 2024.

Under **Item 3.02 (Unregistered Sale of Equity Securities)**, the company disclosed the sale of 4,474,885 Class I common shares for approximately $45.6 million in gross proceeds. These shares were sold to feeder vehicles created to hold the Class I shares, with the transaction being exempt from registration under the Securities Act of 1933 through provisions including Section 4(a)(2), Regulation D, and Regulation S.

Under **Item 8.01 (Other Events)**, the company reported its NAV per share for its various classes of common shares as of December 31, 2024:
- Class S: $10.1372
- Class N: $10.2176
- Class D: $10.0141
- Class I: $10.1988

The company provided a breakdown of NAV components, which amounted to a total NAV of $4.67 billion. Key components included:
- Investments in real estate: $3.25 billion
- Investments in leases (financing receivables): $543.21 million
- Investments in real estate debt: $696.41 million
- Investments in unconsolidated real estate affiliates: $1.75 billion
- Liabilities, including mortgage notes and credit facilities: $(1.63 billion)

The total number of outstanding shares/units as of December 31, 2024, was 458,736,989, distributed across the company's various share classes and operating partnership units.

The filing also emphasized that NAV was calculated following valuation guidelines approved by the Board of Trustees.

Blue Owl Technology Finance Corp. II announced the termination of its Revolving Credit Agreement (the "Subscription Credit Facility") on January 16, 2025. The agreement was between the Company, Wells Fargo Bank, National Association as administrative agent, and other participating banks and financial institutions. The Company fully repaid all outstanding loans under the facility prior to its termination.