OWL ROCK CAPITAL CORP: entering into a material definitive agreement, creating a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant (Form 8-K)


Item 1.01 Conclusion of a Material Definitive Agreement.

At March 15, 2021, ORCC Financement IV LLC signed a second amendment to the credit agreement, dated Aug 2, 2019, by and among ORCC Financement IV LLC, as borrower, Société Générale, as administrative agent, State Street Bank and Trust Company, as a guarantee agent, guarantee administrator and guarantee depositary, Cortland Capital Market Services LLC, as custodian of documents, and the lenders who are parties to them. The amendment includes various changes to facilitate the ability of lenders to sell loan interests and certain other changes, including the deletion of the “key person event” as a limitation on additional borrowing and an event. which would result in the early termination of the reinvestment period under the credit agreement as well as a requirement that the eligible assets of the facility do not relate to certain prohibited industries.

The foregoing description is only a summary of some of the provisions of the Amendment and is qualified in its entirety by the underlying agreement, which will be filed as an attachment to the Company’s next quarterly report on form. 10-Q.

Item 2.03 – Creation of a direct financial obligation

The information set out in section 1.01 above is incorporated by reference into this section 2.03.

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