Blue Owl Capital Corporation Announces Amendment to Secured Credit Facility
NEW YORK, NY – Blue Owl Capital Corporation (NYSE: OBDC) announced today that it has entered into an amendment to its existing secured credit facility through its subsidiary, ORCC III Financing II LLC. The amendment, executed on April 9, 2025, reflects a strategic enhancement to the Company’s financing terms and capital efficiency.

The amendment to the Loan Financing and Servicing Agreement, originally dated December 2, 2021, and previously modified in 2022 and 2024, introduces two key changes:

A reduction in the applicable margin from 1.95% to 1.70% per annum, lowering the cost of capital under the facility.

An adjustment to the make-whole fee terms during the revolving period, designed to provide improved flexibility in capital deployment.

The facility is managed with Deutsche Bank AG, New York Branch serving as Facility Agent, and State Street Bank and Trust Company acting as Collateral Agent and Custodian.

Borrowings under this facility are considered obligations of Blue Owl Capital Corporation for purposes of compliance with the asset coverage requirements under the Investment Company Act of 1940.

“This amendment demonstrates our ongoing commitment to optimizing our capital structure and securing favorable terms for our stakeholders,” said Jonathan Lamm, Chief Operating Officer and Chief Financial Officer. “We appreciate the continued support of our lending partners as we maintain a disciplined approach to growth.”

Blue Owl Capital Corporation remains focused on delivering strong risk-adjusted returns to shareholders through strategic investments in middle-market companies and active management of its financing arrangements.