Blue Owl Capital Corporation has announced an amendment to its existing Secured Credit Facility through its subsidiary, ORCC III Financing LLC. On June 12, 2025, the company entered into the Seventh Credit Facility Amendment with Blue Owl Credit Advisors LLC, Societe Generale, and other financial institutions. Key changes include replacing Alter Domus with State Street Bank and Trust Company as the collateral custodian, extending the Revolving Period to March 16, 2028, and the Facility Termination Date to March 15, 2030. The amendment also adjusts the applicable margin to 1.90% for all loans and increases the cap for the advance rate to 62.5%. The borrower may incur a prepayment penalty if commitments are reduced or terminated in the first year following this amendment.
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