Blue Owl Credit Income Corp. Amends Subsidiary Secured Credit Facility

What Happened Blue Owl Credit Income Corp. announced that on August 20, 2026 its wholly‑owned subsidiary, Core Income Funding VII LLC, entered into Amendment No. 2 to its senior secured revolving credit facility (the “Second Credit Facility Amendment”). The original Secured Credit Facility dated May 21, 2024, names Core Income Funding VII as Borrower, the Company as collateral manager and equityholder, Citibank, N.A. as administrative agent (and a lender), and State Street Bank and Trust Company as custodian, collateral agent and collateral administrator. The amendment modifies certain eligibility criteria, concentration limits and other terms of the facility. The amendment is filed as Exhibit 10.1 to the company’s Form 8‑K.

Key Details

• Amendment No. 2 executed on August 20, 2026; Form 8‑K filed August 25, 2026.
• Affects the senior secured revolving credit facility initially dated May 21, 2024.
• Parties include: Core Income Funding VII (Borrower), Blue Owl Credit Income Corp. (Collateral Manager & Equityholder), Citibank, N.A. (Administrative Agent and Lender), and State Street Bank and Trust Company (Custodian/Collateral Agent).
• Changes address eligibility criteria and concentration limits; the filing does not disclose specific dollar amounts or revised caps.

Why It Matters This amendment changes the rules governing what assets can be pledged and how concentrated the collateral can be, which can affect the subsidiary’s borrowing flexibility and the security structure for lenders. For investors, amendments to credit facilities can influence liquidity and financing costs for the company’s managed vehicle—important for assessing short‑term funding risk—even though no financing amounts or pricing changes were disclosed in the 8‑K. The full amendment language is available in Exhibit 10.1 of the filing for those seeking detailed contractual terms.