Blue Owl Credit Income Corp. Enhances Capital Structure Through Recent Financing Transactions (Form 8-K)

Blue Owl Credit Income Corp. Enhances Capital Structure Through Recent Financing Transactions

Amends Revolving Credit Facility, Increasing Capacity, Extending Maturity and Improving Funding Costs and Completes $1.0 Billion Notes Offering

NEW YORK - September 22, 2026 - Blue Owl Credit Income Corp. ("OCIC") today announced the completion of a series of financing transactions that further enhance its capital structure, including the amendment, extension and upsize of its senior secured revolving credit facility in addition to a recently completed $1.0 billion notes offering. Together, these transactions represent approximately $1.3 billion of total debt capital raised since June 30, 2026.

The amendment and extension of the revolving credit facility increased capacity, extended the maturity and improved pricing. Total commitments to the amended facility increased to $4.2 billion from $3.9 billion, and the maturity was extended by approximately two years to September 2031 from October 2029. The interest rate on the amended facility was reduced from SOFR plus 1.875% to SOFR plus 1.650% to 1.775%, subject to borrowing base limitations. Every existing bank partner renewed its revolver commitment with a few lenders upsizing, providing incremental financing capacity of $300 million. The amendment closed on September 16, 2026.

In addition, earlier in September, OCIC completed a $1.0 billion notes offering composed of $700 million 6.250% notes due 2029 and an additional $300 million of its 6.550% notes due 2031. The additional 2031 notes are an add-on to $500 million of the same notes issued in June and increased the total principal amount outstanding of those notes to $800 million. The net proceeds were used in part to repay existing indebtedness and further optimize OCIC's liability structure.

"We are pleased to have completed a series of financing transactions that further strengthen our capital structure," said Craig W. Packer, Chief Executive Officer. "The strong demand for our recent notes offering and support from our bank group, including upsized commitments from several lenders, reflect continued confidence in OCIC's portfolio and platform. Together, these transactions further enhance our liquidity and financial flexibility, positioning OCIC to capitalize on an increasingly attractive lending environment."

About Blue Owl Credit Income Corp.

Blue Owl Credit Income Corp. is a specialty finance company focused on lending to U.S. middle-market companies. As of June 30, 2026, OCIC had investments in 345 portfolio companies with an aggregate fair value of $35.7 billion. OCIC has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. OCIC is externally managed by Blue Owl Credit Advisors LLC, an SEC-registered investment adviser that is an indirect affiliate of Blue Owl Capital Inc. ("Blue Owl") (NYSE: OWL) and part of Blue Owl's Credit platform.