Blue Owl Technology Finance (NYSE: OTF) extends loan terms and lowers spread

Rhea-AI Filing Summary

Blue Owl Technology Finance Corp. reported that its subsidiary ORTF Funding I LLC entered into Amendment No. 3 to its Secured Credit Facility with lenders led by Goldman Sachs Bank USA and with State Street Bank and Trust Company in various collateral roles. This amendment extends the facility’s Reinvestment Period through November 16, 2028 and pushes the Scheduled Maturity Date to November 16, 2030, giving the company a longer horizon to use and repay this financing. The amendment also reduces the interest Spread from 2.400% to 2.00%, which lowers the borrowing cost on this secured credit line.

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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): December 17, 2025

BLUE OWL TECHNOLOGY FINANCE CORP.

(Exact name of Registrant as Specified in Its Charter)

Maryland		000-55977		83-1273258
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

399 Park Avenue New York, NY		10022
(Address of Principal Executive Offices)		(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)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.01 per share		OTF		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 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). 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

On December 17, 2025 (the “Amendment Date”), ORTF Funding I LLC (“ORTF Funding I”), a subsidiary of Blue Owl Technology Finance Corp. (the “Company”), entered into Amendment No. 3 (the “Amendment No. 3” and the facility as amended, the “Secured Credit Facility”), which amended (a) that certain Credit Agreement, dated as of November 16, 2021, as amended by Amendment No. 1 to the Credit Agreement, dated June 23, 2023, and Amendment No. 2, dated October 30, 2024, by and among ORTF Funding I, as borrower, the lenders from time to time parties thereto, Goldman Sachs Bank USA as Sole Lead Arranger, Syndication Agent and Administrative Agent and State Street Bank and Trust Company as Collateral Administrator, Collateral Agent and Collateral Custodian and (b) that certain Margining Agreement, dated as of November 16, 2021, as amended by Amendment No. 2, dated October 30, 2024 between ORTF Funding I, as borrower, and Goldman Sachs Bank USA, as administrative agent and calculation agent. Among other changes, Amendment No. 3 (i) extended the Reinvestment Period through November 16, 2028 and the Scheduled Maturity Date to November 16, 2030 and (ii) reduced the Spread from 2.400% to 2.00%.

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
10.1		Amendment No. 3 to the Credit Agreement, dated as of December 17, 2025, among ORTF Funding I, LLC, as Borrower, the Lenders referred to therein, Goldman Sachs Bank USA as Sole Lead Arranger, Syndication Agent and Administrative Agent, and State Street Bank and Trust Company as Collateral Administrator, Collateral Agent and Collateral Custodian.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

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 hereunto duly authorized.

				Blue Owl Technology Finance Corp.
December 22, 2025				By:		/s/ Jonathan Lamm
				Name:		Jonathan Lamm
				Title:		Chief Operating Officer and Chief Financial Officer

FAQ

What change did Blue Owl Technology Finance Corp. (OTF) make to its credit facility?

Blue Owl Technology Finance Corp. disclosed that its subsidiary ORTF Funding I LLC entered into Amendment No. 3 to its Secured Credit Facility, updating the existing Credit Agreement and related Margining Agreement with lenders led by Goldman Sachs Bank USA and collateral services provided by State Street Bank and Trust Company.

How did the Amendment No. 3 affect the maturity of Blue Owl Technology Finance Corp.’s secured credit facility?

Amendment No. 3 extended the Reinvestment Period through November 16, 2028 and moved the Scheduled Maturity Date to November 16, 2030, lengthening the time over which the facility can be utilized and repaid.

What interest spread change was disclosed for Blue Owl Technology Finance Corp. (OTF)?

The amendment reduced the interest Spread on the Secured Credit Facility from 2.400% to 2.00%, lowering the margin paid over the facility’s benchmark rate.

Which subsidiary of Blue Owl Technology Finance Corp. is party to the amended credit agreement?

The borrower under the amended Secured Credit Facility is ORTF Funding I LLC, a subsidiary of Blue Owl Technology Finance Corp.

Who are the key financial institutions involved in Blue Owl Technology Finance Corp.’s amended facility?

Goldman Sachs Bank USA acts as Sole Lead Arranger, Syndication Agent and Administrative Agent, while State Street Bank and Trust Company serves as Collateral Administrator, Collateral Agent and Collateral Custodian under the amended Credit Agreement.

When was Amendment No. 3 to Blue Owl Technology Finance Corp.’s credit agreement executed?

Amendment No. 3 to the Credit Agreement was entered into on December 17, 2025, which the company refers to as the Amendment Date.