Blue Owl Technology Finance Corp.

$400m committed across 2 active facilities, next covenant test Sep 30, 2026. OTF

Recent changes

  1. Sep 4, 2026Blue Owl Technology Finance Corp. signs $150m Master Note Purchase Agreement, matures Sep 2032SEC ↗
  2. Aug 20, 2026Blue Owl Technology Finance Corp. signs $250m CREDIT AGREEMENT, matures Aug 2036SEC ↗
Tested quarterlyHeadroom not yet measured$4.94bn

Equity cure available.

The Company will not permit the Obligors’ Net Worth at the last day of any fiscal quarter of the Company to be less than $4,943,000,000 plus 25% of the net cash proceeds of the sale of Equity Interests by the Company after June 16, 2026 ... less the aggregate amount paid in cash for Equity Interests redeemed, bought back or purchased by the Company after June 16, 2026.
Read the filing on sec.gov ↗
Tested quarterlyHeadroom not yet measured1.50

Equity cure available.

The Company will not permit the Asset Coverage Ratio to be less than 1.50:1.00.
Read the filing on sec.gov ↗
Tested otherHeadroom not yet measured1.80
“Overcollateralization Ratio Test” means a test satisfied on any Measurement Date if the Overcollateralization Ratio equals or exceeds 180.0%.
Read the filing on sec.gov ↗
Tested otherHeadroom not yet measured1.20
“Interest Coverage Ratio Test” means a test satisfied on any Measurement Date following the second Quarterly Payment Date if the Interest Coverage Ratio is greater than or equal to 120.00% on such date.
Read the filing on sec.gov ↗

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Master Note Purchase Agreement

Signed Sep 3, 2026

Committed
$150m
Matures
Sep 2032
Agent
Not stated
TrancheSizeMaturesMargin
7.60% Series 2026A Senior Notes$150mSep 2032n/a

CREDIT AGREEMENT

Signed Aug 14, 2026

Committed
$250m
Matures
Aug 2036
TrancheSizeMaturesMargin
Revolving credit facility$250mAug 2036225 bps
Term Loan A$0Aug 2036225 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility, Term Loan A).

LevelConditionMarginUnused fee
Level all timesall times225 bpsn/a

Lenders: Bleachers Finance 1 Ltd., Natixis, New York Branch

No amendments on file yet.

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