Blue Owl Capital Inc. Enters Material Definitive Agreement
Ticker: OWL · Form: 8-K · Filed: Jul 23, 2024 · CIK: 1823945
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
Blue Owl Capital just signed a big deal, expect new financial obligations.
AI Summary
On July 23, 2024, Blue Owl Capital Inc. entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The filing includes financial statements and exhibits.
Why It Matters
This filing signals a significant new agreement for Blue Owl Capital, potentially impacting its financial obligations and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating new financial obligations can introduce financial risks and operational changes.
Key Players & Entities
- Blue Owl Capital Inc. (company) — Registrant
- July 23, 2024 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did Blue Owl Capital Inc. enter into?
The filing states that Blue Owl Capital Inc. entered into a material definitive agreement, but the specific details of the agreement are not provided in this summary.
What is the nature of the direct financial obligation or off-balance sheet arrangement created?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specifics are not detailed in this summary.
When was this agreement entered into?
The agreement was entered into on July 23, 2024, which is the date of the earliest event reported.
What is Blue Owl Capital Inc.'s principal executive office address?
Blue Owl Capital Inc.'s principal executive offices are located at 399 Park Avenue, New York, NY 10022.
What is Blue Owl Capital Inc.'s telephone number?
Blue Owl Capital Inc.'s telephone number, including area code, is (212) 419-3000.
Filing Stats: 784 words · 3 min read · ~3 pages · Grade level 12.4 · Accepted 2024-07-23 16:32:59
Key Financial Figures
- $1,725,000,000.00 — increased to a total new commitment of $1,725,000,000.00 (subject to a potential increase to $2,
- $2,250,000,000.00 — .00 (subject to a potential increase to $2,250,000,000.00 upon the satisfaction of certain condit
Filing Documents
- d841605d8k.htm (8-K) — 27KB
- d841605dex101.htm (EX-10.1) — 704KB
- 0001193125-24-182973.txt ( ) — 1002KB
- owl-20240723.xsd (EX-101.SCH) — 3KB
- owl-20240723_lab.xml (EX-101.LAB) — 17KB
- owl-20240723_pre.xml (EX-101.PRE) — 11KB
- d841605d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits: Exhibit No. Description 10.1 Second Amendment to the Amended and Restated Credit Agreement, dated as of July 23, 2024, by and among Blue Owl Finance LLC, the guarantors party thereto, the several banks and other financial institutions or entities party thereto and MUFG Bank, Ltd. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BLUE OWL CAPITAL INC. Date: July 23, 2024 By: /s/ Neena A. Reddy Name: Neena A. Reddy Title: General Counsel and Secretary