8-K: Current report filing
Published on November 4, 2024
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. Emerging growth company
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| Item 1.01. | Entry Into a Material Definitive Agreement |
On October 30, 2024, OR Tech Financing I LLC (“OR Tech Financing I”) executed the Second Amendment to Amended and Restated Credit Agreement (the “Amendment”), which amends that certain Amended and Restated Credit Agreement, dated as of December 22, 2022 (as amended by the First Amendment to Amended and Restated Credit Agreement, dated as of March 30, 2023, the “Credit Agreement”), by and among OR Tech Financing I, as borrower, Alter Domus (US) LLC, as administrative agent, State Street Bank and Trust Company, as collateral agent, collateral administrator, custodian and document custodian, and the lenders party thereto. The Amendment (i) increases the total term commitment from $600,000,000 to $700,000,000, (ii) amends the Commitment Fee from 0.35% to 0.50%, (iii) amends the Applicable Margin from 3.31% to 2.25%, (iv) extends the end of the reinvestment period from December 22, 2025 to October 30, 2027, (v) extends the maturity date from December 22, 2033 to October 30, 2035 and (vi) amends the Prepayment Make-Whole Premium.
| Item 2.03. | Creation of a Direct Financial Obligation |
The information set forth under Item 1.01 above is incorporated by reference into this Item 2.03.
| Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits
| Exhibit Number |
Description |
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| 10.1 | Second Amendment to Amended and Restated Credit Agreement, dated as of October 30, 2024, among OR Tech Financing I LLC, as Borrower, and the Lenders party thereto, and acknowledged by Alter Domus (US) LLC, as Administrative Agent and Original Document Custodian and State Street Bank and Trust Company, as Successor Document Custodian. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BLUE OWL TECHNOLOGY FINANCE CORP. | ||||||
| Dated: November 4, 2024 | By: | /s/ Jonathan Lamm |
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| Name: Title: |
Jonathan Lamm Chief Financial Officer and Chief Operating Officer |
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