Current Report Filing (8-k)
17 März 2022 - 09:33PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
March 11, 2022
OWL ROCK CAPITAL CORPORATION
(Exact name of Registrant as Specified in Its
Charter)
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Maryland |
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814-01190 |
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47-5402460 |
(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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399 Park Avenue,
38th Floor
New York, NY
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10022 |
(Address of Principal Executive
Offices) |
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(Zip Code) |
Registrant’s Telephone Number, Including Area
Code: (212) 419-3000
Not Applicable
(Former Name or Former Address, if Changed Since
Last Report)
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):
☐ |
Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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☐ |
Pre-commencement communications
pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications
pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the
Act:
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Title of each class
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Trading
Symbol(s)
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Name of each exchange
on which registered
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Common Stock, par value $0.01
per share |
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ORCC |
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The New York Stock
Exchange |
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 ☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
Item 1.01. |
Entry into a Material Definitive Agreement.
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On March 11, 2022, ORCC Financing IV LLC, a subsidiary of Owl
Rock Capital Corporation, executed a Fourth Amendment to the Credit
Agreement, dated as of August 2, 2019, by and among ORCC
Financing IV LLC, as borrower, Société Générale, as administrative
agent, State Street Bank and Trust Company, as collateral agent,
collateral administrator and custodian, Cortland Capital Market
Services LLC, as document custodian, and the lenders party
thereto. The amendment extends the reinvestment period from
April 1, 2022 until October 3, 2022 and the stated
maturity from April 1, 2030 to October 1, 2030. The
amendment also changed the applicable interest rate from LIBOR plus
an applicable margin of 2.15% during the reinvestment period and
LIBOR plus an applicable margin of 2.40% after the reinvestment
period to term SOFR plus an applicable margin of 2.30% during the
reinvestment period and term SOFR plus an applicable margin of
2.55% after the reinvestment period.
The foregoing description is only a summary of certain of the
provisions of the Amendment and is qualified in its entirety by the
underlying agreement, which is filed as Exhibit 10.1 to this
current report on Form 8-K
and is incorporated by reference herein.
Item 2.03. |
Creation of a Direct Financial Obligation.
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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.
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(d) Exhibits
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Exhibit
Number |
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Description |
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10.1 |
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Fourth Amendment to
Credit Agreement, dated as of March 11, 2022, among ORCC
Financing IV LLC, as borrower, Société Générale, as administrative
agent, State Street Bank and Trust Company, as collateral agent,
collateral administrator and custodian, Cortland Capital Market
Services LLC, as document custodian, and the lenders party
thereto |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
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Owl Rock Capital
Corporation |
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March 17, 2022 |
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By: |
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/s/Jonathan Lamm
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Name: |
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Jonathan Lamm |
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Title: |
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Chief Operating Officer
and Chief Financial Officer
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Owl Rock Capital (NYSE:ORCC)
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