Blue Owl Technology Finance Corp. Enters Material Definitive Agreement
Ticker: OTF · Form: 8-K · Filed: Nov 1, 2024 · CIK: 1747777
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
Blue Owl Tech Finance just signed a big deal, creating a new financial obligation.
AI Summary
On October 30, 2024, Blue Owl Technology Finance Corp. entered into a material definitive agreement, creating a direct financial obligation. The company, formerly known as Owl Rock Technology Finance Corp., is incorporated in Maryland and headquartered at 399 Park Avenue, New York, NY.
Why It Matters
This filing indicates a significant new financial commitment or obligation for Blue Owl Technology Finance Corp., which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to the terms of the agreement and the company's ability to meet them.
Key Players & Entities
- Blue Owl Technology Finance Corp. (company) — Registrant
- October 30, 2024 (date) — Date of earliest event reported
- 399 Park Avenue (address) — Principal Executive Offices
- New York (location) — City of Principal Executive Offices
- NY (state) — State of Principal Executive Offices
- 10022 (zip_code) — Zip Code of Principal Executive Offices
- Owl Rock Technology Finance Corp. (company) — Former Company Name
FAQ
What type of material definitive agreement did Blue Owl Technology Finance Corp. enter into?
The filing states that Blue Owl Technology Finance Corp. entered into a material definitive agreement, creating a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details of the agreement are not provided in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on October 30, 2024.
What is the principal executive office address for Blue Owl Technology Finance Corp.?
The principal executive offices of Blue Owl Technology Finance Corp. are located at 399 Park Avenue, New York, NY 10022.
Has Blue Owl Technology Finance Corp. undergone a name change?
Yes, the company was formerly known as Owl Rock Technology Finance Corp., with a date of name change on July 23, 2018.
What is the state of incorporation for Blue Owl Technology Finance Corp.?
Blue Owl Technology Finance Corp. is incorporated in Maryland.
Filing Stats: 737 words · 3 min read · ~2 pages · Grade level 12.8 · Accepted 2024-11-01 16:32:00
Key Financial Figures
- $300,000,000 — under the Secured Credit Facility from $300,000,000 to $400,000,000, (iii) extended the Rei
- $400,000,000 — ed Credit Facility from $300,000,000 to $400,000,000, (iii) extended the Reinvestment Period
Filing Documents
- d800162d8k.htm (8-K) — 27KB
- d800162dex101.htm (EX-10.1) — 1063KB
- 0001193125-24-249891.txt ( ) — 1439KB
- ck0001747777-20241030.xsd (EX-101.SCH) — 3KB
- ck0001747777-20241030_lab.xml (EX-101.LAB) — 15KB
- ck0001747777-20241030_pre.xml (EX-101.PRE) — 9KB
- d800162d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 10.1 Amendment No. 2 to the Credit Agreement, dated as of October 30, 2024, among ORTF Funding I LLC, as Borrower, the Lenders referred to therein, Goldman Sachs Bank USA, as Sole Lead Arranger, Syndication Agent and Administrative Agent, State Street Bank and Trust Company, as Collateral Administrator and Collateral Agent, and Alter Domus (US) LLC, as Collateral Custodian. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BLUE OWL TECHNOLOGY FINANCE CORP. Dated: November 1, 2024 By: /s/ Jonathan Lamm Name: Jonathan Lamm Title: Chief Financial Officer and Chief Operating Officer