Blue Owl Capital's indirect subsidiary, Blue Owl Finance LLC, entered into an amendment to its credit agreement on October 14, 2026. The amendment increases the total revolving credit commitment, extends the maturity date, and reduces borrowing costs.
Key Details
- Increased Capacity: The revolving credit commitment was increased to $3.225 billion, with a potential further increase to $3.87 billion upon meeting certain conditions.
- Extended Maturity: The maturity date of the credit facility has been extended five years to October 14, 2031.
- Improved Pricing: The amendment reduces the Applicable Margin for both ABR Loans (to a range of 0.0-27.5 basis points) and Term SOFR Loans (to a range of 77.5-127.5 basis points). The Commitment Fee Rate was also reduced to a range of 7.0-16.5 basis points.