Blue Owl Technology Finance Corp. Files 8-K
Ticker: OTF · Form: 8-K · Filed: Jan 14, 2025 · CIK: 1747777
Sentiment: neutral
Topics: 8-K, filing, other-events
Related Tickers: OWL
TL;DR
OWL filed an 8-K for an 'Other Event' on Jan 13th.
AI Summary
Blue Owl Technology Finance Corp. filed an 8-K on January 14, 2025, reporting an event on January 13, 2025. The filing is related to 'Other Events' and does not specify a particular transaction or material development in the provided text.
Why It Matters
This 8-K filing indicates that Blue Owl Technology Finance Corp. has reported an event to the SEC, requiring public disclosure.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for 'Other Events' and does not contain information suggesting immediate risk.
Key Players & Entities
- Blue Owl Technology Finance Corp. (company) — Registrant
- Owl Rock Technology Finance Corp. (company) — Former Company Name
- January 13, 2025 (date) — Date of earliest event reported
- January 14, 2025 (date) — Date of Report
- 399 Park Avenue (address) — Principal Executive Offices
- New York (location) — Principal Executive Offices City
- NY (location) — Principal Executive Offices State
- 10022 (zip_code) — Principal Executive Offices Zip Code
- (212) 419-3000 (phone_number) — Registrant's Telephone Number
FAQ
What is the specific nature of the 'Other Event' reported by Blue Owl Technology Finance Corp. on January 13, 2025?
The provided text of the 8-K filing does not specify the nature of the 'Other Event' reported on January 13, 2025.
When was Blue Owl Technology Finance Corp. incorporated, and in which state?
Blue Owl Technology Finance Corp. was incorporated in Maryland.
What was the former name of Blue Owl Technology Finance Corp. and when did the name change occur?
The former name was Owl Rock Technology Finance Corp., and the date of the name change was July 23, 2018.
What is the principal executive office address for Blue Owl Technology Finance Corp.?
The principal executive office is located at 399 Park Avenue, New York, NY 10022.
What is the SEC file number for Blue Owl Technology Finance Corp.?
The SEC file number for Blue Owl Technology Finance Corp. is 814-01284.
Filing Stats: 652 words · 3 min read · ~2 pages · Grade level 14 · Accepted 2025-01-14 08:51:23
Key Financial Figures
- $650,000,000 — eement relates to the Company's sale of $650,000,000 aggregate principal amount of its 6.100
Filing Documents
- otic-20250113.htm (8-K) — 26KB
- 0001628280-25-001442.txt ( ) — 135KB
- otic-20250113.xsd (EX-101.SCH) — 2KB
- otic-20250113_lab.xml (EX-101.LAB) — 19KB
- otic-20250113_pre.xml (EX-101.PRE) — 11KB
- otic-20250113_htm.xml (XML) — 2KB
01 Other Events
Item 8.01 Other Events. On January 13, 2025, Blue Owl Technology Finance Corp. (the "Company") and Blue Owl Technology Credit Advisors LLC, on the one hand, entered into a Purchase Agreement (the "Purchase Agreement") with Truist Securities, Inc., ING Financial Markets LLC, Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc. and SG Americas Securities, LLC, as representatives of the several initial purchasers listed on Schedule 1 thereto (the "Initial Purchasers"), on the other hand, which Purchase Agreement relates to the Company's sale of $650,000,000 aggregate principal amount of its 6.100% notes due 2028 (the "Notes") to the Initial Purchasers in a private placement in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended (the "Securities Act"), and for initial resale by the Initial Purchasers to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act and non-U.S. persons outside the United States in compliance with Regulation S under the Securities Act. The Company is relying upon these exemptions from registration based in part on representations made by the Initial Purchasers. The Purchase Agreement also includes customary representations, warranties and covenants by the Company. Under the terms of the Purchase Agreement, the Company has agreed to indemnify the Initial Purchasers against certain liabilities under the Securities Act, or to contribute to payments the Initial Purchasers may be required to make in respect of those liabilities. The Notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration. The closing of the private placement is expected to occur on January 21, 2025, subject to customary closing conditions. The Company intends to use the net proceeds to pay down a portion of its outstanding indebtedness and for working capital and general corporate pu