What changed
Total commitments to the amended senior secured revolving credit facility increased to $4.2 billion from $3.9 billion, with maturity extended to September 2031 from October 2029 and pricing reduced to SOFR plus 1.650% to 1.775% from SOFR plus 1.875%. OCIC also completed a $1.0 billion notes offering consisting of $700 million 6.250% notes due 2029 and $300 million of 6.550% notes due 2031, the latter an add-on bringing total principal outstanding of those notes to $800 million. Together the transactions represent approximately $1.3 billion of total debt capital raised since June 30, 2026.
Why it matters
Total commitments to the amended senior secured revolving credit facility increased to $4.2 billion from $3.9 billion, with maturity extended to September 2031 from October 2029 and pricing reduced to