Blue Owl Credit Income Corp (ticker OWL) announced that it has raised roughly $1.3 billion in debt financing since June 30, 2026. The company amended its senior secured revolving credit facility, boosting total commitments to $4.2 billion from $3.9 billion and extending the facility’s maturity to September 2031, up from October 2029. The interest spread was lowered to SOFR plus 1.650 %–1.775 %, subject to borrowing‑base limits. An additional $300 million of capacity was added after several lenders upsized their commitments, and all existing bank partners renewed their participation. The amendment closed on September 16.
In parallel, Blue Owl completed a $1.0 billion notes offering in early September. The issuance comprised $700 million of 6.250 % notes due 2029 and $300 million of 6.550 % notes due 2031, the latter an add‑on to a $500 million tranche issued in June, raising the total outstanding 2031 notes to $800 million. Net proceeds were used partially to repay existing debt.
As of June 30, 2026, the business development company held investments in 345 portfolio companies with an aggregate fair‑value of $35.7 billion. Blue Owl Credit Income is managed by Blue Owl Credit Advisors LLC, an affiliate of Blue Owl Capital Inc., and is regulated under the Investment Company Act of 1940, focusing on lending to U.S. middle‑market firms.
Chief Executive Officer Craig W. Packer said the strong demand for the notes and the expanded lender commitments reflect continued confidence in the company’s portfolio and platform.
