Owl Rock’s Athena lifts secured credit facility to $700 million

By Mary-Katherine Stinson

Lexington, Ky., Feb. 28 – Athena Funding II LLC, a wholly owned subsidiary of Owl Rock Technology Finance Corp. II, on Feb. 22 executed a second amendment to its secured credit facility with Societe Generale as administrative agent, State Street Bank and Trust Co. as collateral agent and collateral administrator and Alter Domus (US) LLC as custodian, according to an 8-K filing with the Securities and Exchange Commission.

The amendment increased the total term loan commitment to $350 million and the total revolving loan commitment to $350 million. Previously, the commitments were each $300 million.

Interest is still at SOFR plus 275 basis points.

The specialty finance company is based in New York.

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