Blue Owl Digital Infrastructure Trust 8-K

What Happened

• Blue Owl Digital Infrastructure Trust filed an 8‑K reporting that on June 1, 2026 it sold an aggregate 3,203,718 common shares (final tally determined June 15, 2026) for gross proceeds of approximately $33.2 million. The offers and sales were exempt from registration under Section 4(a)(2), Regulation D and/or Regulation S.
• The company also disclosed distributions declared May 27, 2026 (record date May 31, 2026) and paid on or about June 16, 2026, provided NAV per share as of May 31, 2026, and reported a June 4, 2026 repurchase of Class S and Class I shares.

Key Details

• Share sale (total): 3,203,718 shares for ~ $33.2 million (based on May 31, 2026 NAV).
  • Class S: 1,275,270 shares — $13,258,827 gross proceeds (includes $102,122 commissions)
  • Class D: 885,432 shares — $9,135,000 gross proceeds
  • Class I: 1,041,583 shares — $10,746,120 gross proceeds
  • Class E: 1,433 shares — $15,000 gross proceeds
• Distributions: declared May 27, 2026; gross distribution $0.0416667 per share for all classes.
  • Net distributions after shareholder servicing fees: Class S $0.0342333; Class D $0.0394804; Class I $0.0416667; Class E $0.0416667. Paid in cash or reinvested ~ June 16, 2026.
• NAV and balance-sheet snapshot (May 31, 2026):
  • NAV per share: Class S $10.3168; Class D $10.3170; Class I $10.3171; Class E $10.4640.
  • Total NAV: $1,956,158,000; outstanding shares/units: 188,585,953.
• Share repurchases: June 4, 2026 — 135,817 Class S and 100,854 Class I repurchased for ~ $2.4 million (≈0.1% of NAV).
• Portfolio (as of May 31, 2026): 11 properties; total portfolio value ≈ $3.77 billion; weighted avg base lease term 7 years, fully extended 19.6 years; 91.8% of tenants investment grade; 100% of consolidated debt fixed-rate; weighted avg interest rate 5.4%; loan-to-value 53.8%.

Why It Matters

• The unregistered share sales raised ~ $33.2M of capital at NAV, which can be used for operations, acquisitions, or debt management; investors should note potential dilution from share issuance but also that the company simultaneously repurchased a small number of shares (~$2.4M).
• The declared and paid distributions (small per-share amounts) reflect the company’s ongoing cash returns policy; NAV per share around $10.32 (Class I/D/S) provides a snapshot of valuation investors commonly use.
• Portfolio metrics — multi-year lease terms, high percentage of investment-grade tenants, fixed-rate debt and a 5.4% avg interest rate — indicate a largely stable, income-focused property portfolio, while LTV ~54% shows leverage levels investors may track for risk.