Blue Owl Capital Inc. announced on October 14, 2026, that it has entered into an amendment to its credit agreement. The filing details the Fourth Amendment to the Amended and Restated Credit Agreement, which was originally dated June 15, 2022, and has since been modified by three prior amendments. The agreement involves Blue Owl Finance LLC, the Borrower, and various parent guarantors, including Blue Owl Capital Holdings LP and Blue Owl Capital Carry LP, along with MUFG Bank, Ltd., acting as the administrative agent.
The primary changes outlined in the Fourth Amendment include an increase in the revolving credit commitment. The total new commitment is set at $3,225,000,000.00, with a potential increase to $3,870,000,000.00 contingent upon the satisfaction of specific conditions outlined in the agreement.
Additionally, the amendment adjusts the financial terms of the facility. The applicable margin for ABR Loans (based on the Adjusted Prime Rate) has been reduced from a range of 0.0 to 37.5 basis points to a range of 0.0 to 27.5 basis points. For Term SOFR Loans, the margin has been reduced from 87.5 to 137.5 basis points to a range of 77.5 to 127.5 basis points. The commitment fee rate has also been lowered from a range of 7.0 to 20.0 basis points to a range of 7.0 to 16.5 basis points.
The maturity date of the facility has been extended to October 14, 2031. The filing notes that other terms of the facility remain substantially the same as the existing Credit Agreement.
