Blue Owl Technology Finance Corp. CLO Refinancing

Blue Owl Technology Finance Corp. (OTF) announced the completion of a $615.1 million term debt securitization refinancing, also known as a collateralized loan obligation (CLO) refinancing, on December 16, 2025. This transaction involved the issuance of secured notes and preferred shares by its consolidated subsidiary, Athena CLO II, LLC, backed by a portfolio of middle market loans. The refinancing includes $75 million in Class A-R Notes, $31.25 million in Class B-R Notes, and $18.75 million in Class C-R Notes, along with $250 million in Class A-LR loans. The debt is scheduled to mature on January 18, 2039. Additionally, Athena CLO II, LLC issued approximately $52.8 million in subordinated preferred shares, all of which were purchased by the Company. The Company also acts as a retention holder for regulatory purposes. The proceeds from this CLO Refinancing are intended for general corporate purposes. The company entered into an amended and restated loan sale agreement with the Issuer, contributing approximately $217.963 million in middle market loans. Blue Owl Technology Credit Advisors LLC (OTCA) will serve as the collateral manager.