Supplemental Financial Information (Unaudited) as of and for the period ended September 30, 2025
Blue Owl Credit SLF LLC
Supplemental Financial Information (Unaudited)
Consolidated Statement of Assets and Liabilities
(Amounts in thousands)
September 30, 2025
December 31, 2024 (1)
Assets
Investments at fair value (amortized cost of $2,155,658 and $1,162,056, respectively)
$
2,149,879
$
1,164,473
Cash
153,889
17,354
Due from investors
—
24
Receivable due on investments sold
12,755
11,365
Interest receivable
5,756
3,151
Total Assets
$
2,322,279
$
1,196,367
Liabilities
Debt (net of unamortized debt issuance costs of $8,785 and $1,572, respectively)
$
1,567,440
$
750,610
Payable for investments purchased
170,569
85,750
Interest payable
26,760
4,190
Distribution payable
15,670
6,451
Accrued expenses and other liabilities
1,219
555
Total Liabilities
1,781,658
847,556
Members’ Equity
Total Members’ Equity - Class A
540,621
348,811
Total Members’ Equity - Class B
—
—
Total Members' Equity
540,621
348,811
Total Liabilities and Members’ Equity
$
2,322,279
$
1,196,367
(1) The Company’s date of inception was May 6, 2024.
1
Blue Owl Credit SLF LLC
Supplemental Financial Information (Unaudited)
Consolidated Statement of Operations
(Amounts in thousands)
For the Three Months Ended September 30,
For the Nine Months Ended September 30,
2025
2024
2025
2024 (1)
Investment Income
Investment Income
$
38,037
$
556
$
93,154
$
556
Total Investment Income
38,037
556
93,154
556
Operating Expenses
Interest expense
21,722
458
52,689
528
Professional fees (2)
629
144
1,802
144
Total Operating Expenses
22,351
602
54,491
672
Net Investment Income (Loss)
$
15,686
$
(46)
$
38,663
$
(116)
Net Realized and Change in Unrealized Gain (Loss)
Net change in unrealized gain (loss) on investments
(2,322)
96
(8,196)
96
Net realized gain (loss) on investments
(23)
8
(933)
8
Total Net Realized and Change in Unrealized Gain (Loss) on Investments
(2,345)
104
(9,129)
104
Net Increase (Decrease) in Members' Equity Resulting from Operations
$
13,341
$
58
$
29,534
$
(12)
Total Net Increase (Decrease) in Members’ Equity Resulting from Operations - Class A
$
13,341
$
58
$
29,534
$
(12)
(1) The Company’s date of inception was May 6, 2024.
(2) As a result of changes in presentations, certain prior year amounts have been reclassified to conform to the current presentation. These reclassifications had no effect on the reported results of operations.
2
Blue Owl Credit SLF LLC
Supplemental Financial Information (Unaudited)
Consolidated Schedule of Investments
As of September 30, 2025
(Amounts in thousands)
Interest
Company(1)(3)(4)
Investment
Ref. Rate
Cash
PIK
Maturity Date
Par / Units
Amortized Cost(2)
Fair Value
Percentage of Members’ Equity(10)
Debt Investments
Advertising and media
Outfront Media Capital LLC(6)
First lien senior secured loan
S +
2.00%
—%
09/2032
$
3,900
$
3,895
$
3,897
Project Boost Purchaser, LLC (dba J.D. Power)(6)
First lien senior secured loan
S +
2.75%
—%
07/2031
19,253
19,259
19,193
23,154
23,090
4.3
%
Aerospace and defense
Amentum Government Services Holdings LLC(5)
First lien senior secured loan
S +
2.25%
—%
09/2031
3,419
3,412
3,415
American Airlines, Inc.(6)
First lien senior secured loan
S +
1.75%
—%
01/2027
658
656
655
American Airlines, Inc.(6)
First lien senior secured loan
S +
2.25%
—%
02/2028
360
356
359
American Airlines, Inc.(6)
First lien senior secured loan
S +
3.25%
—%
05/2032
3,815
3,777
3,829
Arcline FM Holdings LLC(6)
First lien senior secured loan
S +
2.75%
—%
06/2030
750
749
749
Arcline FM Holdings LLC(7)
First lien senior secured loan
S +
3.50%
—%
06/2030
5,875
5,875
5,870
Avolon TLB Borrower 1 (US) LLC(5)
First lien senior secured loan
S +
1.75%
—%
06/2030
11,344
11,338
11,346
Bleriot US Bidco Inc.(6)
First lien senior secured loan
S +
2.50%
—%
10/2030
23,760
23,760
23,753
Brown Group Holdings, LLC(5)
First lien senior secured loan
S +
2.50%
—%
07/2031
499
499
499
Brown Group Holdings, LLC(5)
First lien senior secured loan
S +
2.75%
—%
07/2031
10,008
9,990
10,023
Dynasty Acquisition Co., Inc. (dba StandardAero Limited)(5)
Waystar Technologies, Inc. (F/K/A Navicure, Inc.)(5)
First lien senior secured loan
S +
2.00%
—%
10/2029
4,732
4,732
4,730
Zelis Cost Management Buyer, Inc.(5)
First lien senior secured loan
S +
3.25%
—%
11/2031
11,488
11,440
11,483
164,686
164,734
30.5
%
Household products
Energizer Holdings, Inc.(5)
First lien senior secured loan
S +
2.00%
—%
03/2032
998
995
997
Samsonite International S.A.(5)
First lien senior secured loan
S +
2.00%
—%
06/2030
2,980
2,991
2,982
3,986
3,979
0.8
%
Human resource support services
AQ Carver Buyer, Inc. (dba CoAdvantage)(6)
First lien senior secured loan
S +
5.50%
—%
08/2029
1,985
1,991
1,886
iSolved, Inc.(5)
First lien senior secured loan
S +
2.75%
—%
10/2030
16,613
16,611
16,647
UKG Inc. (dba Ultimate Software)(6)
First lien senior secured loan
S +
2.50%
—%
02/2031
17,399
17,399
17,376
36,001
35,909
6.6
%
7
Blue Owl Credit SLF LLC
Supplemental Financial Information (Unaudited)
Consolidated Schedule of Investments
As of September 30, 2025
(Amounts in thousands)
Interest
Company(1)(3)(4)
Investment
Ref. Rate
Cash
PIK
Maturity Date
Par / Units
Amortized Cost(2)
Fair Value
Percentage of Members’ Equity(10)
Infrastructure and environmental services
ASP ACUREN HOLDINGS, INC.(5)
First lien senior secured loan
S +
2.75%
—%
07/2031
8,479
8,479
8,485
Clean Harbors Inc(6)
First lien senior secured loan
S +
1.50%
—%
09/2032
3,022
3,022
3,026
Geosyntec Consultants, Inc.(6)
First lien senior secured loan
S +
3.00%
—%
07/2031
10,457
10,457
10,457
GFL Environmental Services Inc.(6)
First lien senior secured loan
S +
2.50%
—%
03/2032
5,526
5,524
5,519
27,482
27,487
5.1
%
Insurance
Acrisure, LLC(5)
First lien senior secured loan
S +
3.00%
—%
11/2030
7,944
7,944
7,921
Acrisure, LLC(5)
First lien senior secured loan
S +
3.25%
—%
11/2032
1,928
1,923
1,924
Alera Group, Inc.(5)
First lien senior secured loan
S +
3.25%
—%
05/2032
27,117
26,987
27,206
Alliant Holdings Intermediate LLC(5)
First lien senior secured loan
S +
2.50%
—%
09/2031
5,986
5,986
5,968
AmWINS Group, Inc.(6)
First lien senior secured loan
S +
2.25%
—%
01/2032
16,043
15,970
16,031
Ardonagh Midco 3 PLC(6)
First lien senior secured loan
S +
2.75%
—%
02/2031
12,645
12,614
12,572
Asurion, LLC(5)
First lien senior secured loan
S +
4.25%
—%
08/2028
7,732
7,708
7,754
Broadstreet Partners, Inc.(5)
First lien senior secured loan
S +
2.75%
—%
06/2031
12,084
12,084
12,093
CFC USA 2025 LLC (dba CFC Insurance)(6)(9)
First lien senior secured loan
S +
3.75%
—%
07/2032
6,419
6,356
6,114
Hub International(6)
First lien senior secured loan
S +
2.25%
—%
06/2030
3,486
3,486
3,490
Hyperion Refinance S.à r.l (dba Howden Group)(5)
First lien senior secured loan
S +
3.50%
—%
04/2030
18,736
18,778
18,719
Hyperion Refinance S.à r.l (dba Howden Group)(5)
First lien senior secured loan
S +
2.75%
—%
02/2031
3,524
3,524
3,523
IMA Financial Group, Inc.(5)
First lien senior secured loan
S +
3.00%
—%
11/2028
6,030
6,008
6,030
Mitchell International, Inc.(5)
First lien senior secured loan
S +
3.25%
—%
06/2031
9,900
9,855
9,885
Ryan Specialty Group LLC(5)
First lien senior secured loan
S +
2.00%
—%
09/2031
747
751
747
Summit Acquisition Inc. (dba K2 Insurance Services)(5)
First lien senior secured loan
S +
3.50%
—%
10/2031
3,747
3,747
3,758
Trucordia Insurance Holdings, LLC(5)
First lien senior secured loan
S +
3.25%
—%
06/2032
25,000
24,939
25,033
Truist Insurance Holdings, LLC(6)
First lien senior secured loan
S +
2.75%
—%
05/2031
7,673
7,670
7,661
USI, Inc.(6)
First lien senior secured loan
S +
2.25%
—%
09/2030
1,015
1,015
1,013
177,345
177,442
32.7
%
Internet software and services
Avalara, Inc.(6)
First lien senior secured loan
S +
3.25%
—%
03/2032
17,233
17,233
17,228
Cloud Software Group, Inc.(6)
First lien senior secured loan
S +
3.25%
—%
03/2031
4,975
4,975
4,992
Cloud Software Group, Inc.(6)
First lien senior secured loan
S +
3.25%
—%
08/2032
8,806
8,806
8,832
Clover Holdings 2, LLC (dba Cohesity)(5)
First lien senior secured loan
S +
3.75%
—%
12/2031
19,594
19,387
19,588
Dayforce Inc(6)(9)
First lien senior secured loan
S +
2.00%
—%
03/2031
1,985
1,986
1,985
Delta TopCo, Inc. (dba Infoblox, Inc.)(5)
First lien senior secured loan
S +
2.75%
—%
11/2029
21,842
21,699
21,575
Epicor(5)
First lien senior secured loan
S +
2.50%
—%
05/2031
744
747
745
Gen Digital Inc(5)
First lien senior secured loan
S +
1.75%
—%
04/2032
3,316
3,300
3,301
Genesys Cloud Services, Inc.(5)
First lien senior secured loan
S +
2.50%
—%
01/2032
14,159
14,127
14,055
Informatica LLC(5)
First lien senior secured loan
S +
2.25%
—%
10/2028
193
193
193
Javelin Buyer, Inc. (dba JAGGAER)(6)
First lien senior secured loan
S +
2.75%
—%
12/2031
2,736
2,736
2,732
KnowBe4, Inc.(6)
First lien senior secured loan
S +
3.75%
—%
07/2032
15,707
15,697
15,707
McAfee Corp.(5)
First lien senior secured loan
S +
3.00%
—%
03/2029
4,256
4,236
4,057
MeridianLink, Inc.(5)
First lien senior secured loan
S +
2.50%
—%
11/2028
2,982
2,986
2,979
Project Alpha Intermediate Holding, Inc. (dba Qlik)(6)
First lien senior secured loan
S +
3.25%
—%
10/2030
7,107
7,090
7,123
Proofpoint, Inc.(5)
First lien senior secured loan
S +
3.00%
—%
08/2028
21,435
21,331
21,491
Quartz Acquireco, LLC (dba Qualtrics)(6)
First lien senior secured loan
S +
2.25%
—%
06/2030
496
495
494
8
Blue Owl Credit SLF LLC
Supplemental Financial Information (Unaudited)
Consolidated Schedule of Investments
As of September 30, 2025
(Amounts in thousands)
Interest
Company(1)(3)(4)
Investment
Ref. Rate
Cash
PIK
Maturity Date
Par / Units
Amortized Cost(2)
Fair Value
Percentage of Members’ Equity(10)
Sedgwick Claims Management Services, Inc.(5)
First lien senior secured loan
S +
2.50%
—%
07/2031
22,063
22,057
22,028
SONICWALL US Holdings, Inc.(6)
First lien senior secured loan
S +
5.00%
—%
05/2028
2,980
2,962
2,831
Sophos Holdings, LLC(5)
First lien senior secured loan
S +
3.50%
—%
03/2027
11,855
11,841
11,863
SS&C(5)
First lien senior secured loan
S +
2.00%
—%
05/2031
2,738
2,747
2,744
Starlight Parent, LLC (dba SolarWinds)(6)
First lien senior secured loan
S +
4.00%
—%
03/2032
9,320
9,054
9,134
Storable, Inc.(5)
First lien senior secured loan
S +
3.25%
—%
04/2031
16,613
16,611
16,644
UST Holdings, Ltd.(5)(9)
First lien senior secured loan
S +
3.00%
—%
11/2028
5,943
5,955
5,884
VERDE PURCHASER LLC (dba Veritiv Corp)(6)
First lien senior secured loan
S +
4.00%
—%
11/2030
10,573
10,554
10,452
Vertiv Group Corp.(5)
First lien senior secured loan
S +
1.75%
—%
08/2032
4,000
4,000
4,004
VIAVI SOLUTIONS INC(6)
First lien senior secured loan
S +
2.50%
—%
06/2032
6,306
6,290
6,314
VIRTUSA CORPORATION(5)
First lien senior secured loan
S +
3.25%
—%
02/2029
2,378
2,386
2,346
VS Buyer LLC (dba Veeam Software)(6)
First lien senior secured loan
S +
2.25%
—%
04/2031
5,945
5,945
5,928
Webpros Luxembourg Sarl(5)
First lien senior secured loan
S +
3.75%
—%
03/2031
2,287
2,307
2,291
249,733
249,540
46.1
%
Investment funds and vehicles
Grosvenor(5)
First lien senior secured loan
S +
2.25%
—%
02/2030
547
548
547
548
547
0.1
%
Leisure and entertainment
Cedar Fair, L.P. (dba Six Flags Entertainment Corp)(5)
First lien senior secured loan
S +
2.00%
—%
05/2031
3,685
3,676
3,659
Delta 2 (Lux) SARL (dba Formula One)(6)
First lien senior secured loan
S +
2.00%
—%
09/2031
2,000
2,008
1,999
GBT US III LLC (dba Global Business Travel Group, Inc.)(6)
First lien senior secured loan
S +
2.50%
—%
07/2031
4,726
4,695
4,734
WMG Acquisition Corp(6)
First lien senior secured loan
S +
1.75%
—%
01/2031
1,000
1,002
1,001
11,381
11,393
2.2
%
Manufacturing
ALLIANCE LAUNDRY SYSTEMS LLC(5)
First lien senior secured loan
S +
2.25%
—%
08/2031
10,097
10,097
10,083
Altar Bidco, Inc.(5)
First lien senior secured loan
S +
3.10%
—%
02/2029
9,836
9,690
9,832
Chariot Buyer LLC (dba Chamberlain Group)(5)
First lien senior secured loan
S +
3.00%
—%
09/2032
13,756
13,755
13,761
Columbus McKinnon Corp.(6)(9)
First lien senior secured loan
S +
2.50%
—%
05/2028
966
968
966
DXP Enterprises, Inc.(5)
First lien senior secured loan
S +
3.75%
—%
10/2030
5,940
5,940
5,966
EMRLD Borrower LP (dba Emerson)(6)
First lien senior secured loan
S +
2.25%
—%
05/2030
11,484
11,484
11,445
Engineered Machinery Holdings, Inc. (dba Duravant)(6)
First lien senior secured loan
S +
3.50%
—%
05/2028
17,358
17,435
17,438
Filtration Group Corporation(5)
First lien senior secured loan
S +
2.75%
—%
10/2028
10,911
10,911
10,952
Gates Global LLC(5)
First lien senior secured loan
S +
1.75%
—%
11/2029
814
811
813
Gloves Buyer, Inc. (dba Protective Industrial Products)(5)
First lien senior secured loan
S +
4.00%
—%
05/2032
14,000
13,933
13,566
Legence Holdings LLC(5)
First lien senior secured loan
S +
3.00%
—%
12/2028
3,870
3,873
3,874
MADISON IAQ LLC(7)
First lien senior secured loan
S +
2.50%
—%
06/2028
809
808
810
MADISON IAQ LLC(7)
First lien senior secured loan
S +
3.25%
—%
04/2032
8,132
8,060
8,166
Pro Mach Group, Inc.(5)
First lien senior secured loan
S +
2.75%
—%
08/2028
16,378
16,324
16,399
SPECTRIS(6)(9)
First lien senior secured loan
S +
2.75%
—%
09/2032
13,265
13,232
13,232
Watlow Electric Manufacturing Company(6)
First lien senior secured loan
S +
3.00%
—%
03/2028
2,977
2,989
2,977
140,310
140,280
25.8
%
Pharmaceuticals
Amneal Pharmaceuticals LLC(5)
First lien senior secured loan
S +
3.50%
—%
08/2032
15,344
15,307
15,318
Fortrea Holdings Inc.(6)(9)
First lien senior secured loan
S +
3.75%
—%
07/2030
1,000
981
920
9
Blue Owl Credit SLF LLC
Supplemental Financial Information (Unaudited)
Consolidated Schedule of Investments
As of September 30, 2025
(Amounts in thousands)
Interest
Company(1)(3)(4)
Investment
Ref. Rate
Cash
PIK
Maturity Date
Par / Units
Amortized Cost(2)
Fair Value
Percentage of Members’ Equity(10)
Opal US LLC(6)
First lien senior secured loan
S +
3.25%
—%
04/2032
16,776
16,705
16,809
32,993
33,047
6.1
%
Professional services
AlixPartners, LLP(5)
First lien senior secured loan
S +
2.00%
—%
08/2032
8,514
8,497
8,453
Apex Group Treasury LLC(6)
First lien senior secured loan
S +
3.50%
—%
02/2032
20,453
20,439
19,969
API GROUP DE INC(5)
First lien senior secured loan
S +
1.75%
—%
01/2029
2,840
2,840
2,837
Arsenal AIC Parent, LLC (dba Arconic)(5)
First lien senior secured loan
S +
2.75%
—%
08/2030
1,402
1,406
1,400
Camelot U.S. Acquisition 1 Co.(5)
First lien senior secured loan
S +
2.75%
—%
01/2031
2,000
2,007
1,987
Clearwater Analytics, LLC(7)
First lien senior secured loan
S +
2.25%
—%
04/2032
4,119
4,119
4,119
Corporation Service Company(5)
First lien senior secured loan
S +
2.00%
—%
11/2029
5,381
5,381
5,321
Element Materials Technology(6)
First lien senior secured loan
S +
3.68%
—%
06/2029
2,286
2,296
2,298
First Advantage Holdings LLC(5)
First lien senior secured loan
S +
2.75%
—%
10/2031
4,708
4,708
4,582
Red Ventures, LLC(5)
First lien senior secured loan
S +
2.75%
—%
03/2030
496
500
467
Skopima Merger Sub Inc.(5)
First lien senior secured loan
S +
3.75%
—%
05/2028
4,808
4,808
4,060
Vistage International, Inc.(6)(9)
First lien senior secured loan
S +
3.75%
—%
07/2029
9,823
9,822
9,774
66,823
65,267
12.2
%
Telecommunications
Charter Communications Operating LLC(6)
First lien senior secured loan
S +
2.25%
—%
12/2031
7,940
7,922
7,936
Cogeco Communications (USA) II L.P.(5)
First lien senior secured loan
S +
2.50%
—%
09/2028
1,308
1,302
1,294
Eagle Broadband Investments, LLC (dba Mega Broadband Investments)(6)
First lien senior secured loan
S +
3.00%
—%
11/2027
10,716
10,678
10,615
Virgin Media Bristol LLC(6)
First lien senior secured loan
S +
3.18%
—%
03/2031
5,018
4,969
4,943
24,871
24,788
4.6
%
Transportation
AIT Worldwide Logistics Holdings, Inc.(6)
First lien senior secured loan
S +
4.00%
—%
04/2030
7,940
7,940
7,955
Echo Global Logistics, Inc.(5)
First lien senior secured loan
S +
3.75%
—%
11/2028
1,985
1,967
1,924
FRST STU BID/FRST TRANS(6)
First lien senior secured loan
S +
2.50%
—%
08/2030
4,271
4,265
4,271
Genesee & Wyoming Inc.(6)
First lien senior secured loan
S +
1.75%
—%
04/2031
496
493
494
KKR Apple Bidco, LLC(5)
First lien senior secured loan
S +
2.50%
—%
09/2031
8,005
7,986
8,002
NA Rail Hold Co. LLC(6)
First lien senior secured loan
S +
3.00%
—%
03/2032
3,627
3,618
3,636
26,269
26,282
5.0
%
Total Misc.-debt commitments(11)
—
90
105
—
%
Total Debt Investments
$
2,155,658
$
2,149,879
398.2
%
Total Investments
$
2,155,658
$
2,149,879
398.2
%
10
Blue Owl Credit SLF LLC
Supplemental Financial Information (Unaudited)
Consolidated Schedule of Investments
As of September 30, 2025
(Amounts in thousands)
(1) Unless otherwise indicated, Blue Owl Credit SLF’s investments are pledged as collateral supporting the amounts outstanding under Blue Owl Credit SLF’s Debt Facilities.
(2) The amortized cost represents the original cost adjusted for the amortization of discounts and premiums, as applicable, on debt investments using the effective interest method.
(3) Unless otherwise indicated, all investments are considered Level 2 investments.
(4) Unless otherwise indicated, loan contains a variable rate structure, which may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to Secured Overnight Financing Rate (“SOFR” or “S”) (which can include one-, three-, six- or twelve-month SOFR), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.
(5) The interest rate on these loans is subject to 1 month SOFR, which as of September 30, 2025 was 4.13%.
(6) The interest rate on these loans is subject to 3 month SOFR, which as of September 30, 2025 was 3.98%.
(7) The interest rate on these loans is subject to 6 month SOFR, which as of September 30, 2025 was 3.85%
(8) The interest rate on this loan is subject to Prime, which as of September 30, 2025 was 7.25%.
(9) Level 3 investment.
(10) Totals presented may differ than actuals due to rounding.
(11) Position or portion thereof is an unfunded loan commitment. See below for more information on the Company’s unfunded commitments.
Unfunded Commitments as of September 30, 2025:
Unfunded
Portfolio Company
Commitment Type
Commitment Expiration Date
Funded Commitment
Commitment
Fair Value
Chrysaor Bidco s.à r.l. (dba AlterDomus)
First lien senior secured delayed draw term loan
05/2026
$
—
$
241
—
Citrin Cooperman Advisors LLC
First lien senior secured delayed draw term loan
03/2027
—
291
—
Clydesdale Acquisition Holdings, Inc. (dba Novolex)
First lien senior secured delayed draw term loan
12/2025
7
242
7
Cohnreznick Advisory LLC
First lien senior secured delayed draw term loan
03/2027
—
1,388
—
First Eagle Holdings, Inc.
First lien senior secured delayed draw term loan
06/2027
—
1,561
—
Kaman Corporation
First lien senior secured delayed draw term loan
01/2027
99
933
98
PINNACLE BUYER, LLC
First lien senior secured delayed draw term loan
03/2027
—
3,321
—
Raven Acquisition Holdings, LLC (dba R1 RCM)
First lien senior secured delayed draw term loan
10/2026
—
674
—
Savor Acquisition, Inc. (dba Sauer Brands)
First lien senior secured delayed draw term loan
02/2027
—
496
—
Signia Aerospace LLC
First lien senior secured delayed draw term loan
11/2026
—
600
—
Total Portfolio Company Commitments
$
106
$
9,747
$
105
11
Blue Owl Credit SLF LLC
Consolidated Schedule of Investments
As of December 31, 2024
(Amounts in thousands)
Company(1)(3)(4)
Investment
Interest
Maturity Date
Par / Units
Amortized Cost(2)
Fair Value
Percentage of Members’ Equity(9)
Debt Investments
Aerospace and defense
Amentum Holdings, Inc.(5)
First lien senior secured loan
SR +
2.25%
09/2031
$
6,000
$
5,986
$
5,975
1.7
%
Avolon TLB Borrower 1 (US) LLC(5)
First lien senior secured loan
SR +
1.75%
06/2030
10,928
10,916
10,916
3.1
%
Bleriot US Bidco Inc.(6)
First lien senior secured loan
SR +
2.75%
10/2030
23,940
23,940
24,048
6.9
%
Dynasty Acquisition Co., Inc. (dba StandardAero Limited)(5)
Summit Acquisition Inc. (dba K2 Insurance Services)(6)(8)
First lien senior secured loan
SR +
3.75%
10/2031
2,000
1,990
1,990
0.6
%
USI, Inc.(6)
First lien senior secured loan
SR +
2.25%
09/2030
1,335
1,335
1,332
0.4
%
89,590
89,721
25.7
%
Internet software and services
Cloud Software Group, Inc.(6)
First lien senior secured loan
SR +
3.75%
03/2031
5,000
5,000
5,011
1.4
%
Clover Holdings 2, LLC(6)(8)
First lien senior secured loan
SR +
4.00%
12/2031
17,143
16,973
16,971
4.9
%
Javelin Buyer, Inc.(6)
First lien senior secured loan
SR +
3.25%
10/2031
3,000
2,993
3,021
0.9
%
McAfee Corp.(5)
First lien senior secured loan
SR +
3.00%
03/2029
3,288
3,288
3,287
0.9
%
Project Alpha Intermediate Holding, Inc. (dba Qlik)(6)
First lien senior secured loan
SR +
3.25%
10/2030
7,125
7,107
7,166
2.1
%
Proofpoint, Inc.(5)
First lien senior secured loan
SR +
3.00%
08/2028
9,900
9,934
9,940
2.8
%
Sedgwick Claims Management Services, Inc.(6)
First lien senior secured loan
SR +
3.00%
07/2031
14,963
14,991
15,037
4.3
%
Sophos Holdings, LLC(6)
First lien senior secured loan
SR +
3.50%
03/2027
10,000
9,988
10,055
2.9
%
Storable, Inc.(5)
First lien senior secured loan
SR +
3.50%
04/2028
14,885
14,919
14,973
4.3
%
The Dun & Bradstreet Corporation(5)
First lien senior secured loan
SR +
2.25%
01/2029
7,980
7,980
7,981
2.3
%
UST Holdings, Ltd.(5)
First lien senior secured loan
SR +
3.00%
11/2028
3,990
3,990
4,000
1.1
%
Vertiv Group Corp.(6)
First lien senior secured loan
SR +
4.50%
11/2030
7,980
7,940
7,998
2.3
%
VS Buyer LLC (dba Veeam Software)(5)
First lien senior secured loan
SR +
2.75%
04/2031
5,975
5,975
6,013
1.7
%
111,078
111,453
31.9
%
Leisure and entertainment
Pretzel Parent, Inc.(5)
First lien senior secured loan
SR +
4.50%
08/2031
3,000
2,956
3,019
0.9
%
2,956
3,019
0.9
%
Manufacturing
ALLIANCE LAUNDRY SYSTEMS LLC(5)
First lien senior secured loan
SR +
3.50%
08/2031
7,500
7,464
7,541
2.2
%
Chariot Buyer LLC(5)
First lien senior secured loan
SR +
3.25%
11/2028
2,487
2,481
2,499
0.7
%
Crown Equipment Corporation(5)
First lien senior secured loan
SR +
2.50%
10/2031
2,591
2,578
2,604
0.7
%
DXP Enterprises, Inc.(6)
First lien senior secured loan
SR +
3.75%
10/2030
5,985
5,985
6,047
1.7
%
Engineered Machinery Holdings, Inc. (dba Duravant)(6)
First lien senior secured loan
SR +
3.75%
05/2028
23,938
24,064
24,072
6.9
%
Gloves Buyer, Inc. (dba Protective Industrial Products)(5)(8)
First lien senior secured loan
SR +
4.00%
12/2027
14,575
14,559
14,575
4.2
%
Pro Mach Group, Inc.(5)
First lien senior secured loan
SR +
3.50%
08/2028
15,960
16,044
16,077
4.6
%
73,175
73,415
21.0
%
Professional services
Apex Group Treasury LLC(7)
First lien senior secured loan
SR +
3.75%
07/2028
23,938
24,026
24,139
6.9
%
First Advantage Holdings, LLC(5)
First lien senior secured loan
SR +
3.25%
10/2031
4,000
3,980
4,039
1.2
%
Skopima Merger Sub Inc.(6)
First lien senior secured loan
SR +
3.75%
05/2028
11,062
11,062
11,090
3.2
%
Sovos Compliance, LLC(5)
First lien senior secured loan
SR +
4.50%
08/2028
23,471
23,547
23,612
6.8
%
Vistage International, Inc.(6)
First lien senior secured loan
SR +
4.75%
07/2029
9,899
9,921
9,893
2.8
%
72,536
72,773
20.9
%
14
Blue Owl Credit SLF LLC
Consolidated Schedule of Investments
As of December 31, 2024
(Amounts in thousands)
Company(1)(3)(4)
Investment
Interest
Maturity Date
Par / Units
Amortized Cost(2)
Fair Value
Percentage of Members’ Equity(9)
Telecommunications
Charter Communications Operating LLC(6)
First lien senior secured loan
SR +
2.25%
12/2031
8,000
7,980
7,977
2.3
%
Eagle Broadband Investments, LLC (dba Mega Broadband Investments)(6)
First lien senior secured loan
SR +
2.75%
11/2027
1,995
1,990
1,996
0.6
%
9,970
9,973
2.9
%
Transportation
AIT Worldwide Logistics Holdings, Inc.(6)
First lien senior secured loan
SR +
4.75%
04/2030
8,000
7,976
8,048
2.3
%
7,976
8,048
2.3
%
Total Misc.-debt commitments(10)
—
(6)
—
—
%
Total Debt Investments
$
1,162,056
$
1,164,473
333.8
%
Total Investments
$
1,162,056
$
1,164,473
333.8
%
(1) Unless otherwise indicated, Blue Owl Credit SLF’s investments are pledged as collateral supporting the amounts outstanding under Blue Owl Credit SLF’s Debt Facilities.
(2) The amortized cost represents the original cost adjusted for the amortization of discounts and premiums, as applicable, on debt investments using the effective interest method.
(3) Unless otherwise indicated, all investments are considered Level 2 investments.
(4) Unless otherwise indicated, loan contains a variable rate structure, which may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to Secured Overnight Financing Rate (“SOFR” or “S”) (which can include one-, three-, six- or twelve-month SOFR), at the borrower’s option, and which reset periodically based on the terms of the loan agreement.
(5) The interest rate on these loans is subject to 1 month SOFR, which as of December 31, 2024 was 4.33%.
(6) The interest rate on these loans is subject to 3 month SOFR, which as of December 31, 2024 was 4.31%.
(7) The interest rate on these loans is subject to 6 month SOFR, which as of December 31, 2024 was 4.25%.
(8 Level 3 investment.
(9) Totals presented may differ than actuals due to rounding.
(10) Position or portion thereof is an unfunded loan commitment. See below for more information on the Company’s unfunded commitments.
Unfunded Commitments as of December 31, 2024:
Unfunded
Portfolio Company
Commitment Type
Commitment Expiration Date
Funded Commitment
Commitment
Fair Value
Focus Financial Partners, LLC
First lien senior secured delayed draw term loan
09/2026
$
—
$
776
—
Grant Thornton Advisors LLC
First lien senior secured delayed draw term loan
07/2026
—
217
—
Raven Acquisition Holdings, LLC
First lien senior secured delayed draw term loan
10/2026
—
800
—
Signia Aerospace, LLC
First lien senior secured delayed draw term loan
11/2026
—
615
—
Total Portfolio Company Commitments
—
$
2,408
—
15
Blue Owl Credit SLF LLC
Supplemental Financial Information (Unaudited)
Notes to the consolidated financial information
Organization and Principal Business
Blue Owl Credit SLF LLC (“Credit SLF” or the “Company”), a Delaware limited liability company, is a joint venture among Blue Owl Capital Corporation, Blue Owl Capital Corporation II, Blue Owl Credit Income Corp., Blue Owl Technology Finance Corp., Blue Owl Technology Income Corp. and State Teachers Retirement System of Ohio (collectively, the “Class A Members”). Credit SLF has no Class B Members as of September 30, 2025. The Company’s principal purpose is to make investments primarily in senior secured loans to middle market companies, broadly syndicated loans and in senior and subordinated notes issued by collateralized loan obligations. The Company is managed by a board of directors comprised of an equal number of directors appointed by each Member and which acts unanimously. Except under certain circumstances, contributions to the Company cannot be redeemed. Investment decisions must be approved by the Company’s board of directors. The Credit SLF Members coinvest through Credit SLF, or its wholly owned subsidiaries. The Company’s date of inception was May 6, 2024, and the Company made its first portfolio company investment on July 23, 2024.
Prior to January 13, 2025, Blue Owl Capital Corporation III (“OBDE”) was a Class A Member. On January 13, 2025, OBDE merged with and into Blue Owl Capital Corporation (“OBDC”) with OBDC surviving (the “OBDE Merger”). At the effective time of the OBDE Merger, OBDE’s commitments to and interests in the Company became OBDC’s. Prior to March 24, 2025, Blue Owl Technology Finance Corp. II (“OTF II”) was a Class A Member. On March 24, 2025, OTF II merged with and into Blue Owl Technology Finance Corp. (“OTF”) with OTF surviving (the “OTF II Merger”). At the effective time of the OTF II Merger, OTF II’s commitments to and interest in the Company became OTF’s.
Investment Portfolio Detail
The table below presents the composition of investments at fair value and amortized cost as of September 30, 2025 and December 31, 2024, respectively:
September 30, 2025
December 31, 2024
($ in thousands)
Amortized Cost
Fair Value
Amortized Cost
Fair Value
First-lien senior secured debt investments
$
2,155,658
$
2,149,879
$
1,162,056
$
1,164,473
Total Investments
$
2,155,658
$
2,149,879
$
1,162,056
$
1,164,473
16
Blue Owl Credit SLF LLC
Supplemental Financial Information (Unaudited)
The table below presents the industry composition of investments based on fair value as of September 30, 2025 and December 31, 2024, respectively:
September 30, 2025
December 31, 2024
Advertising and media
1.1
%
—
%
Aerospace and defense
5.4
5.9
Automotive services
0.9
1.6
Buildings and real estate
2.1
3.2
Business services
7.7
7.5
Chemicals
2.5
2.4
Consumer products
1.5
—
Containers and packaging
5.5
2.5
Distribution
3.7
6.1
Education
1.6
2.8
Energy equipment and services
1.7
1.6
Financial services
8.0
5.5
Food and beverage
4.6
3.8
Healthcare equipment and services
3.7
4.9
Healthcare providers and services
5.4
7.6
Healthcare technology
7.7
11.9
Household products
0.2
—
Human resource support services
1.7
0.5
Infrastructure and environmental services
1.3
0.5
Insurance
8.3
7.7
Internet software and services
11.5
9.6
Investment funds and vehicles
—
—
Leisure and entertainment
0.5
0.3
Manufacturing
6.5
6.3
Pharmaceuticals
1.5
—
Professional services
3.0
6.2
Telecommunications
1.2
0.9
Transportation
1.2
0.7
Total
100.0
%
100.0
%
The table below presents the geographic composition of investments based on fair value as of September 30, 2025 and December 31, 2024, respectively:
September 30, 2025
December 31, 2024
United States:
Midwest
24.8
%
22.4
%
Northeast
19.0
21.5
South
28.3
29.3
West
14.4
17.1
International
13.5
9.7
Total
100.0
%
100.0
%
17
Blue Owl Credit SLF LLC
Supplemental Financial Information (Unaudited)
Investments
The table below presents the fair value hierarchy of investments as of September 30, 2025 and December 31, 2024 respectively:
Fair Value Hierarchy as of September 30, 2025
($ in thousands)
Level 1
Level 2
Level 3
Total
First-lien senior secured debt investments
$
—
$
2,025,155
$
124,724
$
2,149,879
Total Investments
$
—
$
2,025,155
$
124,724
$
2,149,879
Fair Value Hierarchy as of December 31, 2024
($ in thousands)
Level 1
Level 2
Level 3
Total
First-lien senior secured debt investments
$
—
$
1,027,652
$
136,821
$
1,164,473
Total Investments
$
—
$
1,027,652
$
136,821
$
1,164,473
Debt Activity
Bank of America Facility
On June 12, 2024, the Company’s subsidiary, WISE CLO 2025-1 LTD. (fka BOC SLF WH I BA LTD.), an exempted company incorporated with limited liability under the laws of the Cayman Islands, entered into a $300.0 million revolving credit facility (the “Bank of America Facility”) with, among others, Bank of America, N.A., as lender and administrative agent. The Company acts as the collateral manager and the first loss provider with respect to the Bank of America Facility. Proceeds from the Bank of America Facility have been and will be used to finance the origination and acquisition of eligible assets by the borrowers thereunder. The maturity date of the Bank of America Facility is June 12, 2027. On March 6, 2025, a portion of the proceeds from the Wise CLO 2025-1 Transaction (as defined below) were used to repay certain amounts outstanding under the Bank of America Facility and WISE CLO 2025-1 LTD. was released from the Bank of America Facility.
On January 22, 2025, the Company’s subsidiary, BOC SLF BA-2 LTD., an exempted company incorporated with limited liability under the laws of the Cayman Islands, joined as co-borrower to the Bank of America Facility. The Company holds preference shares in BOC SLF BA-2 LTD. On January 22, 2025, in connection with the Wise CLO 2025-1 Transaction, certain of the assets held by WISE CLO 2025-1 LTD. were transferred via a master participation agreement to BOC SLF BA-2 Ltd. As of September 30, 2025, there was $111.2 million outstanding under the Bank of America Facility.
Borrowings under the Bank of America Facility bear interest at a per annum rate equal to (a) with respect to any Term SOFR Loan, SOFR + 1.45% and (b) with respect to any Base Rate Loan, Base Rate + 1.45%. Credit SLF predominantly borrows utilizing Term SOFR loans. Credit SLF also pays unused commitment fees of (i) prior to the six-month anniversary of such date, 0.35% and (ii) thereafter, (x) with respect to the First Unused Amount, 1.10% and (y) with respect to the Second Unused Amount, 0.35%. There was $0.5 million of unused commitment fee as of September 30, 2025.
RBC Facility
On June 5, 2024, the Company’s subsidiary, WISE CLO 2025-3 LTD. (fka BOC SLF WH II RB LTD.), an exempted company incorporated with limited liability under the laws of the Cayman Islands, as borrower, joined a $300.0 million revolving credit facility originally entered into on October 14, 2022 (the “RBC Facility”) with, among others, Royal Bank of Canada, as lender and administrative agent, and U.S. Bank Trust Company, National Association, as collateral custodian. The Company acts as the collateral manager and the first loss provider with respect to the RBC Facility. Proceeds from the RBC Facility have been and will be used to finance the origination and acquisition of eligible assets by the borrowers thereunder. The maturity date of the RBC Facility is October 14, 2032. On July 24, 2025, a portion of the proceeds from the Wise CLO 2025-3 CLO Transaction (as defined below) were used to repay certain amounts outstanding under the RBC Facility and WISE CLO 2025-3 LTD. was released from the RBC Facility.
On June 16, 2025, the Company’s subsidiary, BOC SLF RB-2 LTD., an exempted company incorporated with limited liability under the laws of the Cayman Islands, joined as replacement borrower to the RBC Facility. The Company holds preference shares in BOC SLF RB-2 LTD. On June 16, 2025, in connection with the Wise CLO 2025-3 Transaction, certain of the assets held by WISE CLO 2025-3 LTD. were transferred via a master participation agreement to BOC SLF RB-2 LTD. As of September 30, 2025, there was $45.0 million outstanding under the RBC Facility.
Borrowings under the RBC Facility bear interest at a per annum rate equal to SOFR +1.55%.
18
Blue Owl Credit SLF LLC
Supplemental Financial Information (Unaudited)
Citibank Facility
On June 28, 2024, the Company’s subsidiary, WISE CLO 2025-4 LTD. (fka BOC SLF WH III C LTD.), an exempted company incorporated with limited liability under the laws of the Cayman Islands, entered into a revolving credit facility (the “Citibank Facility”) with, among others, Citibank, N.A., as lender and administrative agent. The commitment of the Citibank Facility is up to $300.0 million, and was $215.0 million as of December 31, 2024 and $50.0 million as of September 30, 2025 respectively. The Company acts as the collateral manager and the first loss provider with respect to the Citibank Facility. Proceeds from the Citibank Facility have been and will be used to finance the origination and acquisition of eligible assets by the borrowers thereunder. The maturity date of the Citibank Facility is June 28, 2027. On September 4, 2025, a portion of the proceeds from the Wise CLO 2025-4 Transaction (as defined below) were used to repay certain amounts outstanding under the Citibank Facility and WISE CLO 2025-4 LTD. was released from the Citibank Facility.
On July 23, 2025, the Company’s subsidiary, BOC SLF C-2 LTD., an exempted company incorporated with limited liability under the laws of the Cayman Islands, joined as co-borrower to the Citibank Facility. The Company holds preference shares in BOC SLF C-2 LTD. On September 4, 2025, in connection with the Wise CLO 2025-4 Transaction, certain of the assets held by BOC SLF WH III C LTD. were transferred via a master participation agreement to BOC SLF C-2 Ltd. As of September 30, 2025, there was $43.9 million outstanding under the Citibank Facility.
Borrowings under the Citibank Facility bear interest at a per annum rate equal to (i) during the Reinvestment Period (as defined in Citibank Facility), SOFR + 1.40% and (ii) after the end of the Reinvestment Period, 1.90%.
Wells Fargo Facility
On August 1, 2024, the Company’s subsidiary, WISE CLO 2025-2 LTD. (fka BOC SLF WH 4 LTD.), an exempted company incorporated with limited liability under the laws of the Cayman Islands, joined a $300.0 million revolving credit facility originally entered into on June 30, 2023 (the “Wells Fargo Facility”) with, among others, and Wells Fargo Bank, National Association, as a lender and administrative agent. The Company acts as the collateral manager and the first loss provider with respect to the Wells Fargo Facility. Proceeds from the Wells Fargo Facility have been and will be used to finance the origination and acquisition of eligible assets by the borrowers thereunder. The maturity date of the Wells Fargo Facility is August 1, 2027. On March 31, 2025, a portion of the proceeds from the Wise CLO 2025-2 Transaction (as defined below) were used to repay certain amounts outstanding under the Wells Fargo Facility and WISE CLO 2025-2 LTD. was released from the Wells Fargo Facility.
On March 12, 2025, the Company’s subsidiary, BOC SLF WF-2 LTD., an exempted company incorporated with limited liability under the laws of the Cayman Islands, joined as co-borrower to the Wells Fargo Facility. The Company holds preference shares in BOC SLF WF-2 LTD.. On March 19, 2025, in connection with the Wise CLO 2025-2 Transaction, certain of the assets held by BOC SLF WH 4 LTD. were transferred via a master participation agreement to BOC SLF WF-2 LTD. As of September 30, 2025, there was $101.0 million outstanding under the Wells Fargo Facility.
Borrowings under the Wells Fargo Facility bear interest at a per annum rate equal to Daily Simple SOFR + 1.50%. The Wells Fargo Facility also has an unused commitment fee which accrues at 0.375% of unused facility amount after the six-month anniversary of the most recent securitization.
Wise CLO 2025-1
On June 12, 2024, the Company’s subsidiary, WISE CLO 2025-1 LTD. (fka, BOC SLF WH I BA LTD.) was incorporated as a company under the laws of the Cayman Islands. On March 6, 2025, Wise CLO 2025-1 LTD., as issuer, and Wise CLO 2025-1, LLC, as co-issuer, closed a CLO transaction (the “Wise CLO 2025-1 Transaction”) using the financial assets previously acquired by Wise CLO 2025-1 LTD as the collateral underpinning the transaction and issued $240.0 million of Class A Notes, $42.0 million of Class B-1 Notes, $10.0 million of Class B-2 Notes, $28.0 million of Class C Notes, and $92.0 million of Subordinated Notes pursuant to an Indenture dated March 6, 2025 among Wise CLO 2025-1 LTD., as issuer, Wise CLO 2025-1, LLC, as co-issuer, and U.S. Bank Trust Company, National Association, as trustee. The notes issued as part of the Wise CLO 2025-1 Transaction have a stated maturity of January 20, 2038.
Wise CLO 2025-2
On August 1, 2024, the Company’s subsidiary, WISE CLO 2025-2 LTD (fka “BOC SLF WH 4 WF LTD.”) was incorporated as a company under the laws of the Cayman Islands. On March 31, 2025, Wise CLO 2025-2 LTD., as issuer, and Wise CLO 2025-2, LLC, as co-issuer, closed a CLO transaction (the “Wise CLO 2025-2 Transaction”) using the financial assets previously acquired by Wise CLO 2025-2 LTD as the collateral underpinning the transaction and issued $236.0 million of Class A Notes, $56.0 million of Class B Notes, $28.0 million of Class C Notes, and $92.0 million of Subordinated Notes pursuant to an Indenture dated March 31, 2025 among Wise CLO 2025-2 LTD., as issuer, Wise CLO 2025-2, LLC, as co-issuer, and US Bank Trust Company, National Association, as trustee. The notes issued as part of the Wise CLO 2025-2 Transaction have a stated maturity of April 20, 2038.
19
Blue Owl Credit SLF LLC
Supplemental Financial Information (Unaudited)
Wise CLO 2025-3
On June 5, 2024, the Company’s subsidiary, WISE CLO 2025-3 LTD (fka “BOC SLF WH II RB LTD.”) was incorporated as a company under the laws of the Cayman Islands. On July 24, 2025, Wise CLO 2025-3 LTD., as issuer, and Wise CLO 2025-3, LLC, as co-issuer, closed a CLO transaction (the “Wise CLO 2025-3 Transaction”) using the financial assets previously acquired by Wise CLO 2025-3 LTD as the collateral underpinning the transaction and issued $115.0 million of Class A Notes, $125.0 million of Class A Loans, $37.0 million of Class B-1 Notes, $15.0 million in Class B-2 Notes, $26.0 million of Class C Notes, and $90.5 million of Subordinated Notes pursuant to an Indenture dated July 24, 2025 among Wise CLO 2025-3 LTD., as issuer, Wise CLO 2025-3, LLC, as co-issuer, and US Bank Trust Company, National Association, as collateral trustee. The notes issued as part of the Wise CLO 2025-3 Transaction have a stated maturity of July 20, 2038.
Wise CLO 2025-4
On June 28, 2024, the Company’s subsidiary, WISE CLO 2025-4 LTD (fka “BOC SLF WH III C LTD.”) was incorporated as a company under the laws of the Cayman Islands. On September 4, 2025, Wise CLO 2025-4 LTD., as issuer, and Wise CLO 2025-4, LLC, as co-issuer, closed a CLO transaction (the “Wise CLO 2025-4 Transaction”) using the financial assets previously acquired by Wise CLO 2025-4 LTD as the collateral underpinning the transaction and issued $240.0 million of Class A Notes, $37.0 million of Class B-1 Notes, $15.0 million in Class B-2 Notes, $26.0 million of Class C Notes, and $91.8 million of Subordinated Notes pursuant to an Indenture dated September 4, 2025 among Wise CLO 2025-4 LTD., as issuer, Wise CLO 2025-4, LLC, as co-issuer, and US Bank Trust Company, National Association, as trustee. The notes issued as part of the Wise CLO 2025-4 Transaction have a stated maturity of September 20, 2038.
Financial Instruments Not Carried at Fair Value
The fair value of the Company’s debt, which is categorized as Level 3 within the fair value hierarchy as of September 30, 2025, approximates the carrying value. The carrying amounts of the Company’s assets and liabilities, other than investments at fair value, approximate fair value due to their short maturities.
The table below presents the net carrying value of the Company’s debt obligations as of September 30, 2025 and December 31, 2024 respectively:
September 30, 2025
($ in thousands)
Aggregate Principal Committed
Outstanding Principal
Amount Available(1)
Unamortized Debt Issuance Costs
Net Carrying Value
WISE CLO 2025-1 LTD.
$
320,000
$
320,000
$
—
$
2,045
$
317,955
WISE CLO 2025-2 LTD.
319,160
319,160
—
1,802
317,358
WISE CLO 2025-3 LTD.(3)
318,000
318,000
—
1,875
316,125
WISE CLO 2025-4 LTD.(4)
317,935
317,935
—
1,885
316,050
Bank of America Facility
300,000
111,182
82,091
311
110,871
RBC Facility
300,000
45,026
50,759
336
44,690
Citibank Facility (2)
50,000
43,940
6,060
241
43,699
Wells Fargo Facility
300,000
100,982
82,803
290
100,692
Total Debt
$
2,225,095
$
1,576,225
$
221,713
$
8,785
$
1,567,440
(1) The amount available reflects any collateral related limitations at the Company level related to each credit facility’s borrowing base.
(2) The commitment of the Citibank Facility is up to $300.0 million, and is $50.0 million as of September 30, 2025.
(3) WISE CLO 2025-3 LTD. closed on July 24, 2025.
(4) WISE CLO 2025-4 LTD. closed on September 4, 2025.
20
Blue Owl Credit SLF LLC
Supplemental Financial Information (Unaudited)
December 31, 2024
($ in thousands)
Aggregate Principal Committed
Outstanding Principal
Amount Available(1)
Unamortized Debt Issuance Costs
Net Carrying Value
Bank of America Facility
$
300,000
$
194,919
$
28,016
$
448
$
194,471
RBC Facility
300,000
194,870
28,065
371
194,499
Citibank Facility(2)
215,000
194,401
20,599
344
194,057
Wells Fargo Facility
300,000
167,992
31,513
409
167,583
Total Debt
$
1,115,000
$
752,182
$
108,193
$
1,572
$
750,610
(1) The amount available reflects any collateral related limitations at the Company level related to each credit facility’s borrowing base.
(2) The commitment of the Citibank Facility is up to $300.0 million, and was $215.0 million as of December 31, 2024.
The table below presents the components of interest expense for the following period:
For the Three Months Ended September 30,
For the Nine Months Ended September 30,
($ in thousands)
2025
2024
2025
2024 (2)
Interest expense
$
21,462
$
339
$
52,078
$
394
Amortization of debt issuance costs
260
119
611
134
Total Interest Expense
$
21,722
$
458
$
52,689
$
528
Average interest rate(1)
5.8
%
8.3
%
5.8
%
7.6
%
Average daily outstanding borrowings
$
1,449,778
$
16,110
$
1,182,821
$
16,110
(1) Averages are calculated based on annualized amounts.
(2) The Company’s date of inception was May 6, 2024.