Owl Rock issuers increase revolver, term loan borrowings

Chicago, Oct. 29 – Two Owl Rock issuers increased borrowings under their credit facilities with amendments signed on Wednesday, according to 8-K filings with the Securities and Exchange Commission.

Core Income Funding II LLC, a subsidiary of Owl Rock Core Income Corp., increased its borrowings under the revolver with Deutsche Bank AG, New York Branch as administrative agent to $1 billion from $500 million.

The agreement was originally dated Oct. 5.

Also, Owl Rock Technology Finance Corp. increased its term loan commitment to $450 million from $300 million on a loan that lists Alter Domus (US) LLC as administrative agent. The loan was originally signed on Aug. 11, 2020.

Owl Rock is a business development company based in New York.

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