Loan & DebtJun 22, 2026, 04:38 PM
Blue Owl Tech Finance Extends Credit Agreement Maturity to 2031
AI Summary
Blue Owl Technology Finance Corp. entered into the Fourth Amendment to its Amended and Restated Senior Secured Credit Agreement. This amendment extends the revolver availability period to June 2030 and the scheduled maturity date to June 2031. The accordion provision was increased to allow for a total facility amount of up to $4.0125 billion, while the swingline and letter of credit sublimits were reduced.
Key Highlights
- Revolver availability period extended from December 2028 to June 2030.
- Scheduled maturity date extended from December 2029 to June 2031.
- Accordion provision increased to permit total facility up to $4,012,500,000.
- Swingline sublimit reduced from $300,000,000 to $200,000,000.
- Letter of credit sublimit reduced from $200,000,000 to $125,000,000.
- Minimum shareholders’ equity test reset.
Price Impact
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