Blue Owl Credit Income Corp. Reports Private Class I Share Sale and Declares Monthly Distributions

What Happened
Blue Owl Credit Income Corp. filed an 8‑K (Aug 24, 2026) reporting two main items: (1) an unregistered private sale of Class I common stock and (2) a board declaration of monthly distributions and a portfolio/financial update. As of Aug 3, 2026 (finalized Aug 24, 2026) the Company sold 251,525 Class I shares for $2,286,359 to feeder vehicles under Section 4(a)(2) and/or Regulation S. On Aug 4, 2026 the board declared monthly distributions payable on or before Sept 30, Oct 30 and Nov 30, 2026 to record holders on Aug 31, Sept 30 and Oct 30, 2026.

Key Details

• Unregistered sale: 251,525 Class I shares for $2,286,359 (Private Offering) closed Aug 3, 2026 (finalized Aug 24, 2026).
• Distribution amounts (gross / servicing fee / net per share):
  • Class S: $0.070100 / $0.006548 / $0.063552
  • Class D: $0.070100 / $0.001928 / $0.068172
  • Class I: $0.070100 / $0.000000 / $0.070100
• Offering status and totals (as of filing): public offering capacity currently up to $14.0B; shares issued & proceeds: Class S 734,783,135 ($6,948,515,627); Class D 106,408,747 ($993,202,421); Class I 1,368,745,250 ($12,856,716,187); Private Offering Class I 172,208,032 ($1,626,093,710). Total issued shares 2,382,145,164 for $22,424,527,945.
• NAV and pricing: aggregate NAV $18.6B as of July 31, 2026; per‑share NAVs — Class S $9.07, Class D $9.08, Class I $9.09 (Aug 3 public offering price based on July 31 NAV plus any max sales load).
• Performance & portfolio: Class I total net return (as of July 31, 2026): 1‑month 30.9%, YTD 2.7%, 1‑yr 5.7%, 3‑yr 9.4%; annualized distribution rate for Class I 9.3% (as of July 31, 2026). Portfolio: 340 companies, fair value $35.8B; net leverage 0.93x; available liquidity $10.7B; 87.2% of portfolio (by fair value) is first‑lien debt; 98.2% of debt investments are floating rate.

Why It Matters

• The unregistered Class I share sale was relatively small ($2.29M) compared with the Company’s overall capital raised and outstanding shares, so it is unlikely to materially dilute public holders.
• The board’s declared monthly distributions provide near‑term cash return expectations (Class I net $0.070100 per share), and the Company reports a high Class I annualized distribution rate (9.3% as of July 31, 2026); distribution sources may include return of capital or borrowings as disclosed.
• Financial and portfolio metrics (NAV ~$18.6B, $10.7B liquidity, sub‑1.0x leverage) and the reported performance vs. benchmarks give investors context on the Company’s size, liquidity and recent returns, but the filing cautions that figures are preliminary and past performance is not a guarantee of future results.