UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________________________
FORM 10-Q
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal quarter ended September 30, 2023
OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Commission File Number 814-01190
______________________________________________
BLUE OWL CAPITAL CORPORATION
(Exact name of Registrant as specified in its Charter) 
Maryland47-5402460
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer
Identification No.)
399 Park Avenue, New York, New York
10022
(Address of principal executive offices)(Zip Code)
Registrant’s telephone number, including area code: (212) 419-3000
______________________________________________
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.01 par value per shareOBDCThe New York Stock Exchange
______________________________________________
Indicate by check mark whether the Registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes NO
Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files). Yes NO
Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definition of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filerAccelerated filer
Non-accelerated filerSmall reporting company
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YES NO
As of November 8, 2023, the registrant had 389,732,868 shares of common stock, $0.01 par value per share, outstanding.
1


Table of Contents
Page
PART I
FINANCIAL INFORMATION
Item 1.
Signatures
2


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This report contains forward-looking statements that involve substantial risks and uncertainties. Such statements involve known and unknown risks, uncertainties and other factors and undue reliance should not be placed thereon. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates and projections about Blue Owl Capital Corporation (the “Company,” “we” or “our”), our current and prospective portfolio investments, our industry, our beliefs and opinions, and our assumptions. Words such as “anticipates,” “expects,” “intends,” “plans,” “will,” “may,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “should,” “targets,” “projects,” “outlook,” “potential,” “predicts” and variations of these words and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including without limitation:
an economic downturn could impair our portfolio companies’ ability to continue to operate, which could lead to the loss of some or all of our investments in such portfolio companies;
an economic downturn could disproportionately impact the companies that we intend to target for investment, potentially causing us to experience a decrease in investment opportunities and diminished demand for capital from these companies;
the impact of rising interest rates, elevated inflation rates, ongoing supply chain and labor market disruptions, instability in the U.S. and international banking systems, and the risk of recession or a shutdown of government services could impact our business prospects and the prospects of our portfolio companies;
an economic downturn could also impact availability and pricing of our financing and our ability to access the debt and equity capital markets;
a contraction of available credit and/or an inability to access the equity markets could impair our lending and investment activities;
interest rate volatility could adversely affect our results, particularly because we use leverage as part of our investment strategy;
currency fluctuations could adversely affect the results of our investments in foreign companies, particularly to the extent that we receive payments denominated in foreign currency rather than U.S. dollars;
our future operating results;
our contractual arrangements and relationships with third parties;
the ability of our portfolio companies to achieve their objectives;
competition with other entities and our affiliates for investment opportunities;
risks related to the uncertainty of the value of our portfolio investments, particularly those having no liquid trading market;;
the use of borrowed money to finance a portion of our investments as well as any estimates regarding potential use of leverage;
the adequacy of our financing sources and working capital;
the loss of key personnel;
the timing of cash flows, if any, from the operations of our portfolio companies;
the ability of Blue Owl Credit Advisors LLC (“the Adviser” or “our Adviser”) to locate suitable investments for us and to monitor and administer our investments;
the ability of the Adviser to attract and retain highly talented professionals;
our ability to qualify for and maintain our tax treatment as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”), and as a business development company (“BDC”);
the impact that environmental, social and governance matters could have on our brand and reputation and our portfolio companies;
the effect of legal, tax and regulatory changes;
the impact of information technology system failures, data security breaches, data privacy compliance, network disruptions, and cybersecurity attacks
the escalated conflict in the Middle East;
the impact of geo-political conditions, including revolution, insurgency, terrorism or war, including those arising out of the ongoing war between Russia and Ukraine and general uncertainty surrounding the financial and political stability of the United States, the United Kingdom, the European Union and China, on financial market volatility, global economic markets, and various markets for commodities globally such as oil and natural gas; and
other risks, uncertainties and other factors previously identified in the reports and other documents we have filed with the Securities and Exchange Commission (“SEC”).
Although we believe that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate, and as a result, the forward-looking statements based on those assumptions also could be inaccurate. In light of these and other uncertainties, the inclusion of a projection or forward-looking statement in this report should not be regarded as a representation by us that our plans and objectives will be achieved. These forward-looking statements apply only as of the date of this report. Moreover, we assume no duty and do not undertake to update the forward-looking statements. Because we are an investment company, the forward-looking statements and projections contained in this report are excluded from the safe harbor protection provided by Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”).
1


Item 1. Consolidated Financial Statements
Blue Owl Capital Corporation
Consolidated Statements of Assets and Liabilities
(Amounts in thousands, except share and per share amounts)
September 30, 2023 (Unaudited)
December 31, 2022
Assets
Investments at fair value
Non-controlled, non-affiliated investments (amortized cost of $11,500,055 and $12,133,062, respectively)
$11,471,820 $12,010,369 
Non-controlled, affiliated investments (amortized cost of $19,352 and $6,224, respectively)
19,8056,175 
Controlled, affiliated investments (amortized cost of $1,303,464, and $906,846, respectively)
1,404,533993,801
Total investments at fair value (amortized cost of $12,822,871 and $13,046,132, respectively)
12,896,15813,010,345
Cash (restricted cash of $89,264 and $96,420, respectively)
429,676444,278
Foreign cash (cost of $2,357 and $809, respectively)
2,354809
Interest receivable107,112108,085
Receivable from a controlled affiliate22,53217,709
Prepaid expenses and other assets3,9883,627
Total Assets$13,461,820 $13,584,853 
Liabilities
Debt (net of unamortized debt issuance costs of $80,535 and $95,647, respectively)
$7,062,399 $7,281,744 
Distribution payable128,612 129,517 
Management fee payable47,796 47,583 
Incentive fee payable40,314 34,462 
Payables to affiliates6,292 6,351 
Accrued expenses and other liabilities176,398 202,793 
Total Liabilities7,461,811 7,702,450 
Commitments and contingencies (Note 7)
Net Assets
Common shares $0.01 par value, 500,000,000 shares authorized; 389,732,868 and 392,476,687 shares issued and outstanding, respectively
3,897 3,925 
Additional paid-in-capital5,936,644 5,970,674 
Accumulated undistributed (overdistributed) earnings59,468 (92,196)
Total Net Assets6,000,0095,882,403
Total Liabilities and Net Assets$13,461,820 $13,584,853 
Net Asset Value Per Share$15.40 $14.99 

The accompanying notes are an integral part of these consolidated financial statements.
1

Blue Owl Capital Corporation
Consolidated Statements of Operations
(Amounts in thousands, except share and per share amounts)
(Unaudited)

For the Three Months Ended September 30,
For the Nine Months Ended September 30,
2023
2022
2023
2022
Investment Income
Investment income from non-controlled, non-affiliated investments:
Interest income$307,701 $240,601 $894,371 $655,303 
Payment-in-kind (“PIK”) interest income
40,925 30,539 128,783 79,698 
Dividend income17,324 14,867 52,764 36,280
Other income2,332 5,408 12,539 14,794
Total investment income from non-controlled, non-affiliated investments368,282 291,415 1,088,457 786,075
Investment income from non-controlled, affiliated investments:
Dividend income36 — 213 — 
Total investment income from non-controlled, affiliated investments36 — 213 — 
Investment income from controlled, affiliated investments:
Interest income5,717 2,140 13,944 5,767
Payment-in-kind (“PIK”) interest income773 — 773 — 
Dividend income24,032 20,303 66,720 59,136
Other Income182 195 760 520
Total investment income from controlled, affiliated investments30,704 22,638 82,197 65,423
Total Investment Income399,022 314,053 1,170,867 851,498
Expenses
Interest expense110,445 81,210 324,416 209,935
Management fees47,796 46,886 143,911 141,172
Performance based incentive fees40,314 31,134 117,640 83,630
Professional fees3,890 3,788 11,697 11,022
Directors’ fees445 276 960 832
Other general and administrative3,349 2,381 9,158 6,656
Total Operating Expenses206,239 165,675 607,782 453,247
Net Investment Income (Loss) Before Taxes192,783 148,378 563,085 398,251
Income tax expense (benefit), including excise tax expense (benefit)2,730 1,604 8,495 3,998
Net Investment Income (Loss) After Taxes$190,053 $146,774 $554,590 $394,253 
Net Realized and Change in Unrealized Gain (Loss)
Net change in unrealized gain (loss):
Non-controlled, non-affiliated investments$22,371 $75,368 $91,855 $(147,545)
Non-controlled, affiliated investments507 — 502 — 
Controlled, affiliated investments(2,076)47,026 14,113 31,632 
Translation of assets and liabilities in foreign currencies(2,292)(3,807)278 (7,510)
Income tax (provision) benefit(1,521)— (4,217)— 
Total Net Change in Unrealized Gain (Loss)16,989 118,587 102,531 (123,423)
Net realized gain (loss):
Non-controlled, non-affiliated investments235 201 353 4,853 
Non-controlled, affiliated investments— — (52,482)— 
Foreign currency transactions(339)(135)(647)(1,218)
Total Net Realized Gain (Loss)(104)66 (52,776)3,635 
Total Net Realized and Change in Unrealized Gain (Loss)16,885 118,653 49,755 (119,788)
Net Increase (Decrease) in Net Assets Resulting from Operations$206,938 $265,427 $604,345 $274,465 
Earnings Per Share - Basic and Diluted$0.53 $0.67 $1.55 $0.70 
Weighted Average Shares Outstanding - Basic and Diluted389,703,612 393,823,013 390,223,606 394,103,935 

The accompanying notes are an integral part of these consolidated financial statements.
2

Blue Owl Capital Corporation
Consolidated Schedule of Investments
As of September 30, 2023
(Amounts in thousands, except share amounts)
(Unaudited)


Company(1)(4)(8)(33)InvestmentInterestMaturity DatePar / UnitsAmortized Cost(2)(3)Fair Value Percentage of Net Assets
Non-controlled/non-affiliated portfolio company investments
Debt Investments
Advertising and media
Circana Group, L.P. (fka The NPD Group, L.P.)(13)(27)First lien senior secured loan S +
6.25% (2.75% PIK)
12/202819,052 18,720 18,861 0.3 %
Circana Group, L.P. (fka The NPD Group, L.P.)(10)(13)(27)First lien senior secured revolving loan S + 5.75%12/2027272 248 257 — %
Global Music Rights, LLC(14)(27)First lien senior secured loan S + 5.75%8/20287,369 7,257 7,369 0.1 %
Global Music Rights, LLC(10)(23)(27)First lien senior secured revolving loan S + 5.75%8/2027— (9)— — %
26,216 26,487 0.4 %
Aerospace and defense
Aviation Solutions Midco, LLC (dba STS Aviation)(14)(27)First lien senior secured loan S + 7.25%1/2025211,204 210,165 213,316 3.6 %
Peraton Corp.(6)(14)(27)Second lien senior secured loan S + 7.75%2/202945,899 45,378 44,829 0.7 %
Valence Surface Technologies LLC(14)(27)First lien senior secured loan S +
7.75% (3.88% PIK)
6/2025134,374 133,766 113,546 1.9 %
Valence Surface Technologies LLC(10)(14)(27)First lien senior secured revolving loan S +
 7.75% (3.88% PIK)
6/202510,922 10,879 9,222 0.2 %
400,188 380,913 6.4 %
Asset based lending and fund finance
Hg Genesis 8 Sumoco Limited(20)(27)(29)Unsecured facility SA +
6.00% PIK
8/2025 £39,355 51,566 48,034 0.8 %
Hg Genesis 9 SumoCo Limited(18)(27)(29)Unsecured facility E +
 7.00% PIK
3/2027 € 47,333 51,810 50,114 0.8 %
Hg Saturn Luchaco Limited(20)(27)(29)Unsecured facility SA +
7.50% PIK
3/2026 £111,764 150,506 136,415 2.3 %
253,882 234,563 3.9 %
Automotive
Spotless Brands, LLC(14)(27)First lien senior secured loan S + 6.50%7/202848,242 47,427 47,759 0.8 %
Spotless Brands, LLC(10)(23)(27)First lien senior secured revolving loan S + 6.50%7/2028— (21)(13)— %
47,406 47,746 0.8 %
3

Blue Owl Capital Corporation
Consolidated Schedule of Investments
As of September 30, 2023
(Amounts in thousands, except share amounts)
(Unaudited)
Company(1)(4)(8)(33)InvestmentInterestMaturity DatePar / UnitsAmortized Cost(2)(3)Fair Value Percentage of Net Assets
Buildings and real estate
Associations, Inc.(14)(27)First lien senior secured loan S +
6.50% (2.50% PIK)
7/2027363,571 361,304 360,844 6.0 %
Associations, Inc.(10)(14)(24)(27)First lien senior secured delayed draw term loan S +
 6.50% (2.50% PIK)
6/202438,799 38,432 38,425 0.6 %
Associations, Inc.(10)(23)(27)First lien senior secured revolving loan S + 6.50%7/2027— (206)(247)— %
REALPAGE, INC.(6)(13)(27)Second lien senior secured loan S + 6.50%4/202934,500 34,105 34,545 0.6 %
433,635 433,567 7.2 %
Business services
Access CIG, LLC(14)(27)Second lien senior secured loan S + 7.75%2/202658,760 58,498 58,172 1.0 %
CIBT Global, Inc.(11)(14)(27)First lien senior secured loan S +
5.25% (4.25% PIK)
5/2026932 588 625 — %
CIBT Global, Inc.(11)(14)(27)Second lien senior secured loan S +
7.75% PIK
12/202663,678 26,718 8,437 0.1 %
Denali BuyerCo, LLC (dba Summit Companies)(14)(27)First lien senior secured loan S + 5.50%9/202852,884 52,298 52,752 0.9 %
Denali BuyerCo, LLC (dba Summit Companies)(10)(23)(27)First lien senior secured revolving loan S + 5.50%9/2027— (20)(7)— %
Diamondback Acquisition, Inc. (dba Sphera)(13)(27)First lien senior secured loan S + 5.50%9/20284,077 4,015 4,016 0.1 %
Entertainment Benefits Group, LLC(13)(27)First lien senior secured loan S + 4.75%9/2025856 849 856 — %
Entertainment Benefits Group, LLC(10)(13)(27)First lien senior secured revolving loan S + 4.75%9/202522 21 22 — %
Fullsteam Operations, LLC(14)(27)First lien senior secured loan S +
7.50% (3.00% PIK)
10/202710,662 10,467 10,769 0.2 %
Gainsight, Inc.(21)(27)First lien senior secured loan L +
 6.75% PIK
7/202723,116 22,880 22,885 0.4 %
Gainsight, Inc.(10)(21)(27)First lien senior secured revolving loan L +
 6.75% PIK
7/20271,657 1,619 1,623 — %
Hercules Borrower, LLC (dba The Vincit Group)(14)(27)First lien senior secured loan S + 6.25%12/2026175,542 173,970 175,541 2.9 %
Hercules Borrower, LLC (dba The Vincit Group)(10)(14)(27)First lien senior secured revolving loan S + 6.25%12/20261,116 948 1,116 — %
Hercules Buyer, LLC (dba The Vincit Group)(27)(31)(32)Unsecured notes  
0.48% PIK
12/20295,160 5,160 5,772 0.1 %
Kaseya Inc.(14)(27)First lien senior secured loan S +
6.25% (2.50% PIK)
6/202918,772 18,449 18,725 0.3 %
Kaseya Inc.(10)(14)(24)(27)First lien senior secured delayed draw term loan S +
 6.25% (2.50% PIK)
6/202469 59 69 — %
Kaseya Inc.(10)(14)(27)First lien senior secured revolving loan S +
6.25% (2.50% PIK)
6/2029285 267 283 — %
4

Blue Owl Capital Corporation
Consolidated Schedule of Investments
As of September 30, 2023
(Amounts in thousands, except share amounts)
(Unaudited)
Company(1)(4)(8)(33)InvestmentInterestMaturity DatePar / UnitsAmortized Cost(2)(3)Fair Value Percentage of Net Assets
KPSKY Acquisition, Inc. (dba BluSky)(14)(27)First lien senior secured loan S + 5.25%10/20284,901 4,825 4,852 0.1 %
Ping Identity Holding Corp.(13)(27)First lien senior secured loan S + 7.00%10/2029909 897 905 — %
Ping Identity Holding Corp.(10)(23)(27)First lien senior secured revolving loan S + 7.00%10/2028— (1)— — %
382,507 367,413 6.1 %
Chemicals
Aruba Investments Holdings LLC (dba Angus Chemical Company)(13)(27)Second lien senior secured loan S + 7.75%11/202810,000 9,892 9,300 0.2 %
Gaylord Chemical Company, L.L.C.(14)(27)First lien senior secured loan S + 6.00%3/2027136,752 135,871 136,067 2.3 %
Gaylord Chemical Company, L.L.C.(10)(23)(27)First lien senior secured revolving loan S + 6.00%3/2026— (66)(66)— %
Velocity HoldCo III Inc. (dba VelocityEHS)(14)(27)First lien senior secured loan S + 5.75%4/202721,825 21,504 21,825 0.4 %
Velocity HoldCo III Inc. (dba VelocityEHS)(10)(13)(27)First lien senior secured revolving loan S + 5.75%4/2026335 319 335 — %
167,520 167,461 2.9 %
Consumer products
Conair Holdings LLC(13)(27)Second lien senior secured loan S + 7.50%5/2029187,500 186,406 177,655 3.0 %
Feradyne Outdoors, LLC(15)(27)First lien senior secured loan S + 6.25%5/202673,622 73,622 68,837 1.1 %
Foundation Consumer Brands, LLC(14)(27)First lien senior secured loan S + 6.25%2/20273,297 3,297 3,297 0.1 %
Lignetics Investment Corp.(14)(27)First lien senior secured loan S + 6.00%11/202734,726 34,409 34,378 0.6 %
Lignetics Investment Corp.(10)(14)(27)First lien senior secured revolving loan S + 6.00%10/20264,549 4,513 4,502 0.1 %
SWK BUYER, Inc. (dba Stonewall Kitchen)(14)(27)First lien senior secured loan S + 5.25%3/2029745 733 715 — %
SWK BUYER, Inc. (dba Stonewall Kitchen)(10)(14)(27)First lien senior secured revolving loan S + 5.25%3/202946 45 43 — %
WU Holdco, Inc. (dba Weiman Products, LLC)(14)(27)First lien senior secured loan S + 5.50%3/2026201,300 199,422 196,770 3.3 %
WU Holdco, Inc. (dba Weiman Products, LLC)(10)(14)(27)First lien senior secured revolving loan S + 5.50%3/202512,291 12,185 11,859 0.2 %
514,632 498,056 8.4 %
Containers and packaging
Ascend Buyer, LLC (dba PPC Flexible Packaging)(14)(27)First lien senior secured loan S + 6.40%10/20285,456 5,414 5,456 0.1 %
Ascend Buyer, LLC (dba PPC Flexible Packaging)(10)(23)(27)First lien senior secured revolving loan S + 6.40%9/2027— (4)— — %
Fortis Solutions Group, LLC(14)(27)First lien senior secured loan S + 5.50%10/20284,594 4,523 4,491 0.1 %
Fortis Solutions Group, LLC(10)(23)(27)First lien senior secured revolving loan S + 5.50%10/2027— (6)(10)— %
5

Blue Owl Capital Corporation
Consolidated Schedule of Investments
As of September 30, 2023
(Amounts in thousands, except share amounts)
(Unaudited)
Company(1)(4)(8)(33)InvestmentInterestMaturity DatePar / UnitsAmortized Cost(2)(3)Fair Value Percentage of Net Assets
Indigo Buyer, Inc. (dba Inovar Packaging Group)(14)(27)First lien senior secured loan S + 6.25%5/2028890 883 890 — %
Indigo Buyer, Inc. (dba Inovar Packaging Group)(10)(14)(27)First lien senior secured revolving loan S + 6.25%5/202817 16 17 — %
Pregis Topco LLC(13)(27)Second lien senior secured loan S + 7.02%8/2029160,000 157,898 159,665 2.7 %
168,724 170,509 2.9 %
Distribution
ABB/Con-cise Optical Group LLC(14)(27)First lien senior secured loan S + 7.50%2/202863,778 63,022 61,387 1.0 %
Endries Acquisition, Inc.(13)(27)First lien senior secured loan S + 5.25%12/2025235,768 234,248 235,767 3.9 %
BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC)(13)(27)First lien senior secured loan S + 6.25%11/2025132,412 131,316 132,412 2.2 %
BradyIFS Holdings, LLC (fka Individual Foodservice Holdings, LLC)(10)(13)(27)First lien senior secured revolving loan S + 6.25%11/20242,277 2,170 2,277 — %
Offen, Inc.(15)(27)First lien senior secured loan S + 5.00%6/202618,655 18,575 18,655 0.3 %
449,331 450,498 7.4 %
Education
Pluralsight, LLC(14)(27)First lien senior secured loan S + 8.00%4/202799,450 98,763 96,218 1.6 %
Pluralsight, LLC(10)(14)(27)First lien senior secured revolving loan S + 8.00%4/20273,910 3,873 3,707 0.1 %
102,636 99,925 1.7 %
Financial services
Adenza Group, Inc.(13)(27)First lien senior secured loan S + 5.75%12/2027199,209 197,607 199,208 3.3 %
Adenza Group, Inc.(10)(23)(27)First lien senior secured revolving loan S + 5.75%12/2025— (105)— — %
Blackhawk Network Holdings, Inc.(13)(27)Second lien senior secured loan S + 7.00%6/2026106,400 105,982 106,134 1.8 %
Blend Labs, Inc.(13)(27)First lien senior secured loan S + 7.50%6/202667,500 66,499 65,813 1.1 %
Blend Labs, Inc.(10)(23)(27)First lien senior secured revolving loan S + 7.50%6/2026— (41)(188)— %
Finastra USA, Inc.(14)(27)(29)First lien senior secured loan S + 7.25%9/202989,247 88,354 88,354 1.5 %
Finastra USA, Inc.(10)(14)(27)(29)First lien senior secured revolving loan S + 7.25%9/20291,960 1,868 1,868 — %
KRIV Acquisition Inc. (dba Riveron)(14)(27)First lien senior secured loan S + 6.50%7/20296,333 6,148 6,143 0.1 %
KRIV Acquisition Inc. (dba Riveron)(10)(23)(24)(27)First lien senior secured delayed draw term loan S + 6.50%7/2025— (14)(14)— %
KRIV Acquisition Inc. (dba Riveron)(10)(23)(27)First lien senior secured revolving loan S + 6.50%7/2029— (25)(26)— %
Muine Gall, LLC(9)(15)(27)(29)First lien senior secured loan S +
 7.00% PIK
9/202683,931 84,955 83,931 1.4 %
6

Blue Owl Capital Corporation
Consolidated Schedule of Investments
As of September 30, 2023
(Amounts in thousands, except share amounts)
(Unaudited)
Company(1)(4)(8)(33)InvestmentInterestMaturity DatePar / UnitsAmortized Cost(2)(3)Fair Value Percentage of Net Assets
NMI Acquisitionco, Inc. (dba Network Merchants)(13)(27)First lien senior secured loan S + 5.75%9/202536,479 36,233 36,296 0.6 %
NMI Acquisitionco, Inc. (dba Network Merchants)(10)(23)First lien senior secured revolving loan S + 5.75%9/2025— (9)(8)— %
Smarsh Inc.(15)(27)First lien senior secured loan S + 6.50%2/2029762 756 760 — %
Smarsh Inc.(10)(15)(24)(27)First lien senior secured delayed draw term loan S + 6.50%2/202495 94 95 — %
Smarsh Inc.(10)(27)First lien senior secured revolving loan S + 6.50%2/2029— — — — %
588,302 588,366 9.8 %
Food and beverage
Balrog Acquisition, Inc. (dba Bakemark)(13)(27)Second lien senior secured loan S + 7.00%9/202922,000 21,851 21,835 0.4 %
BP Veraison Buyer, LLC (dba Sun World)(14)(27)First lien senior secured loan S + 5.75%5/202768,161 67,604 67,990 1.1 %
BP Veraison Buyer, LLC (dba Sun World)(10)(23)(27)First lien senior secured revolving loan S + 5.75%5/2027— (66)(22)— %
H-Food Holdings, LLC(22)(27)Second lien senior secured loan L + 7.00%3/2026121,800 120,621 90,741 1.5 %
Hissho Sushi Merger Sub, LLC(14)(27)First lien senior secured loan S + 5.50%5/2028894 887 894 — %
Hissho Sushi Merger Sub, LLC(10)(23)(27)First lien senior secured revolving loan S + 5.50%5/2028— (1)— — %
Innovation Ventures HoldCo, LLC (dba 5 Hour Energy)(13)(27)First lien senior secured loan S + 6.25%3/2027125,000 123,286 123,439 2.1 %
Nellson Nutraceutical, LLC(14)(27)First lien senior secured loan S + 5.75%12/202525,835 25,754 25,512 0.4 %
The Better Being Co., LLC (fka Nutraceutical International Corporation)(13)(27)First lien senior secured loan S +
 7.50% (4.00% PIK)
9/2026191,549 190,002 167,604 2.8 %
The Better Being Co., LLC (fka Nutraceutical International Corporation)(13)(27)First lien senior secured revolving loan S +
7.50% (4.00% PIK)
9/202614,037 13,956 12,283 0.2 %
Ole Smoky Distillery, LLC(13)(27)First lien senior secured loan S + 5.50%3/2028870 857 857 — %
Ole Smoky Distillery, LLC(10)(23)(27)First lien senior secured revolving loan S + 5.50%3/2028— (2)(2)— %
Recipe Acquisition Corp. (dba Roland Corporation)(14)Second lien senior secured loan S + 9.00%11/202432,000 31,991 31,920 0.5 %
Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC)(14)(27)First lien senior secured loan S + 4.50%7/202543,182 42,925 41,023 0.7 %
Sara Lee Frozen Bakery, LLC (fka KSLB Holdings, LLC)(10)(14)(27)First lien senior secured revolving loan S + 4.50%7/20257,200 7,200 6,750 0.1 %
Shearer's Foods, LLC(13)(27)Second lien senior secured loan S + 7.75%9/202886,400 85,807 86,400 1.4 %
7

Blue Owl Capital Corporation
Consolidated Schedule of Investments
As of September 30, 2023
(Amounts in thousands, except share amounts)
(Unaudited)
Company(1)(4)(8)(33)InvestmentInterestMaturity DatePar / UnitsAmortized Cost(2)(3)Fair Value Percentage of Net Assets
Tall Tree Foods, Inc.(11)(14)First lien senior secured loan S +
 9.25% PIK
12/202365,400 59,541 55,917 0.9 %
Tall Tree Foods, Inc.(10)(11)(14)First lien senior secured delayed draw term loan S +
9.25% PIK
12/20234,786 3,017 4,092 0.1 %
Ultimate Baked Goods Midco, LLC(13)(27)First lien senior secured loan S + 6.25%8/202780,618 79,244 80,618 1.3 %
Ultimate Baked Goods Midco, LLC(10)(23)(27)First lien senior secured revolving loan S + 6.25%8/2027— (160)— — %
874,314 817,851 13.5 %
Healthcare equipment and services
Bamboo US BidCo LLC(14)(27)First lien senior secured loan S + 6.00%9/20304,923 4,775 4,775 0.1 %
Bamboo US BidCo LLC(17)(27)First lien senior secured EUR term loan E + 6.00%9/2030 € 3,063 3,146 3,146 0.1 %
Bamboo US BidCo LLC(10)(23)(24)(27)First lien senior secured delayed draw term loan S + 6.00%3/2025— (12)(12)— %
Bamboo US BidCo LLC(10)(23)(27)First lien senior secured revolving loan S + 6.00%10/2029— (31)(31)— %
Confluent Medical Technologies, Inc.(14)(27)Second lien senior secured loan S + 6.50%2/20301,000 984 980 — %
CSC MKG Topco LLC (dba Medical Knowledge Group)(13)(27)First lien senior secured loan S + 5.75%2/20291,265 1,244 1,249 — %
Medline Borrower, LP(10)(23)(27)First lien senior secured revolving loan S + 3.25%10/2026— (99)(126)— %
Nelipak Holding Company(14)(27)First lien senior secured loan S + 4.25%7/20262,268 2,248 2,268 — %
Nelipak Holding Company(14)(27)Second lien USD senior secured loan S + 8.25%7/202767,006 66,434 67,006 1.1 %
Nelipak Holding Company(10)(23)(27)First lien senior secured USD revolving loan S + 4.25%7/2024— (22)— — %
Nelipak Holding Company(10)(17)(27)First lien senior secured EUR revolving loan E + 4.50%7/2024 € 938 851 993 — %
Nelipak Holding Company(18)(27)Second lien EUR senior secured loan E + 8.50%7/2027 € 60,100 66,689 63,472 1.1 %
Packaging Coordinators Midco, Inc.(14)(27)Second lien senior secured loan S + 7.00%12/2029196,044 193,053 191,633 3.2 %
Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.) (14)(27)(29)First lien senior secured loan S + 6.75%1/2028134,340 132,829 132,996 2.2 %
Patriot Acquisition TopCo S.A.R.L (dba Corza Health, Inc.) (10)(23)(27)(29)First lien senior secured revolving loan S + 6.75%1/2026— (131)(135)— %
PerkinElmer U.S. LLC(14)(27)First lien senior secured loan S + 6.75%3/2029911 895 900 — %
Rhea Parent, Inc.(14)(27)First lien senior secured loan S + 5.50%2/2029764 752 760 — %
473,605 469,874 7.8 %
8

Blue Owl Capital Corporation
Consolidated Schedule of Investments
As of September 30, 2023
(Amounts in thousands, except share amounts)
(Unaudited)
Company(1)(4)(8)(33)InvestmentInterestMaturity DatePar / UnitsAmortized Cost(2)(3)Fair Value Percentage of Net Assets
Healthcare providers and services
Covetrus, Inc.(14)(27)Second lien senior secured loan S + 9.25%10/20305,000 4,905 4,975 0.1 %
Diagnostic Services Holdings, Inc. (dba Rayus Radiology)(13)(27)First lien senior secured loan S + 5.50%3/2025996 996 991 — %
Engage Debtco Limited(14)(27)(29)First lien senior secured loan S +
 5.90% PIK
7/20291,000 979 983 — %
National Dentex Labs LLC (fka Barracuda Dental LLC)(14)(27)First lien senior secured loan S +
8.00% (3.00% PIK)
4/2026107,652 106,875 105,231 1.8 %
National Dentex Labs LLC (fka Barracuda Dental LLC)(10)(14)(27)First lien senior secured revolving loan S + 7.00%4/20265,385 5,283 5,175 0.1 %
Natural Partners, LLC(14)(27)(29)First lien senior secured loan S + 6.00%11/2027917 903 910 — %
Natural Partners, LLC(10)(23)(27)(29)First lien senior secured revolving loan S + 6.00%11/2027— (1)(1)— %
OB Hospitalist Group, Inc.(14)(27)First lien senior secured loan S + 5.50%9/202794,069 92,718 92,423 1.5 %
OB Hospitalist Group, Inc.(10)(14)(27)First lien senior secured revolving loan S + 5.50%9/20276,867 6,666 6,602 0.1 %
Ex Vivo Parent Inc. (dba OB Hospitalist)(14)(27)First lien senior secured loan S +
9.75% PIK
9/202864,433 63,517 62,822 1.0 %
Pacific BidCo Inc.(14)(27)(29)First lien senior secured loan S + 5.75%8/202931,191 30,512 30,801 0.5 %
Pacific BidCo Inc.(10)(23)(24)(27)(29)First lien senior secured delayed draw term loan S + 5.75%8/2025— (36)— — %
Phoenix Newco, Inc. (dba Parexel)(13)(27)Second lien senior secured loan S + 6.50%11/2029190,000 188,432 188,575 3.1 %
Plasma Buyer LLC (dba PathGroup)(14)(27)First lien senior secured loan S + 5.75%5/2029674 662 660 — %
Plasma Buyer LLC (dba PathGroup)(10)(23)(24)(27)First lien senior secured delayed draw term loan S + 5.75%5/2024— (1)(2)— %
Plasma Buyer LLC (dba PathGroup)(10)(14)(27)First lien senior secured revolving loan S + 5.75%5/202815 14 14 — %
PPV Intermediate Holdings, LLC(14)(27)First lien senior secured loan S + 5.75%8/2029933 916 924 — %
PPV Intermediate Holdings, LLC(10)(24)(27)First lien senior secured delayed draw term loan S + 6.00%9/2025— — — — %
PPV Intermediate Holdings, LLC(10)(23)(27)First lien senior secured revolving loan S + 5.75%8/2029— (1)(1)— %
Premier Imaging, LLC (dba LucidHealth)(14)(27)First lien senior secured loan S + 6.00%1/202542,712 42,500 42,391 0.7 %
Quva Pharma, Inc.(13)(27)First lien senior secured loan S + 5.50%4/202839,200 38,366 38,808 0.6 %
Quva Pharma, Inc.(10)(13)(27)First lien senior secured revolving loan S + 5.50%4/2026880 819 840 — %
Tivity Health, Inc.(14)(27)First lien senior secured loan S + 6.00%6/2029990 969 983 — %
9

Blue Owl Capital Corporation
Consolidated Schedule of Investments
As of September 30, 2023
(Amounts in thousands, except share amounts)
(Unaudited)
Company(1)(4)(8)(33)InvestmentInterestMaturity DatePar / UnitsAmortized Cost(2)(3)Fair Value Percentage of Net Assets
Unified Women's Healthcare, LP(13)(27)First lien senior secured loan S + 5.25%6/2029904 898 904 — %
Unified Women's Healthcare, LP(10)(13)(27)First lien senior secured revolving loan S + 5.25%6/202920 20 20 — %
Vermont Aus Pty Ltd(14)(27)(29)First lien senior secured loan S + 5.50%3/2028985 966 973 — %
587,877 586,001 9.5 %
Healthcare technology
BCPE Osprey Buyer, Inc. (dba PartsSource)(14)(27)First lien senior secured loan S + 5.75%8/2028112,056 110,702 110,655 1.8 %
BCPE Osprey Buyer, Inc. (dba PartsSource)(10)(13)(24)(27)First lien senior secured delayed draw term loan S + 5.75%8/20285,813 5,549 5,712 0.1 %
BCPE Osprey Buyer, Inc. (dba PartsSource)(10)(13)(27)First lien senior secured revolving loan S + 5.75%8/20261,844 1,726 1,696 — %
GI Ranger Intermediate, LLC (dba Rectangle Health)(14)(27)First lien senior secured loan S + 5.75%10/20284,551 4,480 4,482 0.1 %
GI Ranger Intermediate, LLC (dba Rectangle Health)(10)(14)(27)First lien senior secured revolving loan S + 5.75%10/2027147 142 142 — %
Imprivata, Inc.(13)(27)Second lien senior secured loan S + 6.25%12/2028882 874 882 — %
Ocala Bidco, Inc.(14)(27)First lien senior secured loan S +
6.25% (2.75% PIK)
11/2028186,574 183,102 183,776 3.1 %
Ocala Bidco, Inc.(10)(14)(23)(24)(27)First lien senior secured delayed draw term loan S + 5.75%5/2024— (175)(47)— %
Ocala Bidco, Inc.(14)(27)Second lien senior secured loan S +
10.50% PIK
11/2033107,468 105,895 106,393 1.8 %
Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.)(14)(27)(29)First lien senior secured loan S + 6.50%8/2026116,900 116,081 114,855 1.9 %
Intelerad Medical Systems Incorporated (fka 11849573 Canada Inc.)(10)(14)(27)(29)First lien senior secured revolving loan S + 6.50%8/20265,671 5,599 5,529 0.1 %
Interoperability Bidco, Inc. (dba Lyniate)(14)(27)First lien senior secured loan S + 7.00%12/202665,952 65,649 65,293 1.1 %
Interoperability Bidco, Inc. (dba Lyniate)(10)(14)(27)First lien senior secured revolving loan S + 7.00%12/20241,580 1,548 1,527 — %
601,172 600,895 10.0 %
Household products
Aptive Environmental, LLC(27)(32)First lien senior secured loan
12.00% (6.00% PIK)
1/202612,792 11,238 13,112 0.2 %
HGH Purchaser, Inc. (dba Horizon Services)(14)(27)First lien senior secured loan S + 6.50%11/2025188,176 186,993 188,176 3.1 %
HGH Purchaser, Inc. (dba Horizon Services)(10)(14)(27)First lien senior secured revolving loan S + 6.50%11/202516,383 16,293 16,383 0.3 %
10

Blue Owl Capital Corporation
Consolidated Schedule of Investments
As of September 30, 2023
(Amounts in thousands, except share amounts)
(Unaudited)
Company(1)(4)(8)(33)InvestmentInterestMaturity DatePar / UnitsAmortized Cost(2)(3)Fair Value Percentage of Net Assets
Mario Purchaser, LLC (dba Len the Plumber)(13)(27)First lien senior secured loan S + 5.75%4/202912,944 12,725 12,879 0.2 %
Mario Purchaser, LLC (dba Len the Plumber)(10)(13)(24)(27)First lien senior secured delayed draw term loan S + 5.75%4/20243,150 3,068 3,135 0.1 %
Mario Purchaser, LLC (dba Len the Plumber)(10)(23)(27)First lien senior secured revolving loan S + 5.75%4/2028— (21)(7)— %
Mario Midco Holdings, Inc. (dba Len the Plumber)(13)(27)Unsecured facility S +
10.75% PIK
4/20324,596 4,492 4,561 0.1 %
SimpliSafe Holding Corporation(13)(27)First lien senior secured loan S + 6.25%5/20286,096 5,996 6,050 0.1 %
SimpliSafe Holding Corporation(10)(13)(24)(27)First lien senior secured delayed draw term loan S + 6.25%5/2024205 197 204 — %
240,981 244,493 4.1 %
Human resource support services
Cornerstone OnDemand, Inc.(13)(27)Second lien senior secured loan S + 6.50%10/2029115,833 114,415 105,119 1.8 %
IG Investments Holdings, LLC (dba Insight Global)(14)(27)First lien senior secured loan S + 6.00%9/202850,005 49,238 49,630 0.8 %
IG Investments Holdings, LLC (dba Insight Global)(10)(23)(27)First lien senior secured revolving loan S + 6.00%9/2027— (53)(30)— %
163,600 154,719 2.6 %
Infrastructure and environmental services
GI Apple Midco LLC (dba Atlas Technical Consultants)(13)(27)First lien senior secured loan S + 6.75%4/2030728 714 717 — %
GI Apple Midco LLC (dba Atlas Technical Consultants)(10)(13)(24)(27)First lien senior secured delayed draw term loan S + 6.75%4/202517 16 17 — %
GI Apple Midco LLC (dba Atlas Technical Consultants)(10)(13)(27)First lien senior secured revolving loan S + 6.75%4/202968 66 67 — %
LineStar Integrity Services LLC(15)(27)First lien senior secured loan S + 7.25%2/202651,935 52,088 49,598 0.8 %
LineStar Integrity Services LLC(14)(27)First lien senior secured revolving loan S + 7.25%2/20269,903 9,716 9,457 0.2 %
Tamarack Intermediate, L.L.C. (dba Verisk 3E)(14)(27)First lien senior secured loan S + 5.75%3/2028849 835 838 — %
Tamarack Intermediate, L.L.C. (dba Verisk 3E)(10)(14)(27)First lien senior secured revolving loan S + 5.75%3/202823 21 21 — %
63,456 60,715 1.0 %
Insurance
Abacus Life, Inc.(14)(27)First lien senior secured loan S + 7.25%7/20288,000 7,846 7,840 0.1 %
Abacus Life, Inc.(10)(23)(24)(27)First lien senior secured delayed draw term loan S + 7.25%1/2024— (152)(160)— %
Alera Group, Inc.(13)(27)First lien senior secured loan S + 6.00%10/202834,549 33,960 34,549 0.6 %
11

Blue Owl Capital Corporation
Consolidated Schedule of Investments
As of September 30, 2023
(Amounts in thousands, except share amounts)
(Unaudited)
Company(1)(4)(8)(33)InvestmentInterestMaturity DatePar / UnitsAmortized Cost(2)(3)Fair Value Percentage of Net Assets
AmeriLife Holdings LLC(13)(27)First lien senior secured loan S + 5.75%8/2029722 709 718 — %
AmeriLife Holdings LLC(10)(15)(24)(27)First lien senior secured delayed draw term loan S + 5.75%9/2024120 118 120 — %
AmeriLife Holdings LLC(10)(15)(27)First lien senior secured revolving loan S + 5.75%8/202815 14 15 — %
Ardonagh Midco 3 PLC(15)(27)(29)First lien senior secured USD term loan S + 5.75%7/202626,784 26,456 26,784 0.4 %
Ardonagh Midco 3 PLC(19)(27)(29)First lien senior secured EUR term loan E + 7.00%7/2026 € 9,135 10,090 9,671 0.2 %
Ardonagh Midco 3 PLC(20)(27)(29)First lien senior secured GBP term loan SA + 7.00%7/2026 £86,659 107,564 105,771 1.8 %
Ardonagh Midco 3 PLC(19)(27)(29)First lien senior secured EUR delayed draw term loan E + 5.75%7/2026 € 8,149 11,031 9,947 0.2 %
Ardonagh Midco 2 PLC(6)(27)(29)(32)Unsecured notes11.50%1/202711,912 11,857 11,637 0.2 %
Brightway Holdings, LLC(14)(27)First lien senior secured loan S + 6.50%12/202726,439 26,190 25,911 0.4 %
Brightway Holdings, LLC(10)(14)(27)First lien senior secured revolving loan S + 6.50%12/20271,579 1,551 1,516 — %
Evolution BuyerCo, Inc. (dba SIAA)(14)(27)First lien senior secured loan S + 6.25%4/2028140,639 139,203 139,584 2.3 %
Evolution BuyerCo, Inc. (dba SIAA)(10)(23)(27)First lien senior secured revolving loan S + 6.25%4/2027— (91)(80)— %
Integrity Marketing Acquisition, LLC(14)(27)First lien senior secured loan S + 5.83%8/2025157,891 157,460 157,891 2.6 %
Integrity Marketing Acquisition, LLC(10)(23)(24)(27)First lien senior secured delayed draw term loan S + 6.00%2/2025— (284)— — %
Integrity Marketing Acquisition, LLC(10)(23)(27)First lien senior secured revolving loan S + 6.50%8/2026— (62)— — %
Norvax, LLC (dba GoHealth)(13)(27)First lien senior secured loan S + 7.50%9/202574,319 73,089 73,390 1.2 %
Norvax, LLC (dba GoHealth)(10)(23)(27)First lien senior secured revolving loan S + 6.50%9/2024— (35)(153)— %
Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services)(13)(27)First lien senior secured loan S + 6.00%11/2028133,885 132,845 130,537 2.2 %
Peter C. Foy & Associates Insurance Services, LLC (dba PCF Insurance Services)(10)(23)(27)First lien senior secured revolving loan S + 6.00%11/2027— (42)(154)— %
PCF Midco II, LLC (dba PCF Insurance Services)(27)(32)First lien senior secured loan
9.00% PIK
10/2031141,020 131,117 130,796 2.2 %
12

Blue Owl Capital Corporation
Consolidated Schedule of Investments
As of September 30, 2023
(Amounts in thousands, except share amounts)
(Unaudited)
Company(1)(4)(8)(33)InvestmentInterestMaturity DatePar / UnitsAmortized Cost(2)(3)Fair Value Percentage of Net Assets
Summit Acquisition Inc. (dba K2 Insurance Services)(14)(27)First lien senior secured loan S + 6.75%5/2030733 712 715 — %
Summit Acquisition Inc. (dba K2 Insurance Services)(10)(23)(24)(27)First lien senior secured delayed draw term loan S + 6.75%11/2024— (3)(2)— %
Summit Acquisition Inc. (dba K2 Insurance Services)(10)(23)(27)First lien senior secured revolving loan S + 6.75%5/2029— (2)(2)— %
Tempo Buyer Corp. (dba Global Claims Services)(14)(27)First lien senior secured loan S + 5.50%8/20281,070 1,053 1,056 — %
Tempo Buyer Corp. (dba Global Claims Services)(10)(23)(27)First lien senior secured delayed draw term loan S + 5.50%8/2028— (2)(1)— %
Tempo Buyer Corp. (dba Global Claims Services)(10)(16)(27)First lien senior secured revolving loan P + 5.00%8/202758 56 57 — %
THG Acquisition, LLC (dba Hilb)(13)(27)First lien senior secured loan S + 5.75%12/202674,167 73,218 73,611 1.2 %
THG Acquisition, LLC (dba Hilb)(10)(13)(27)First lien senior secured revolving loan S + 5.75%12/20251,913 1,829 1,848 — %
USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners)(14)(27)First lien senior secured loan S + 5.75%7/202738,403 37,871 38,115 0.6 %
USRP Holdings, Inc. (dba U.S. Retirement and Benefits Partners)(10)(23)(27)First lien senior secured revolving loan S + 5.75%7/2027— (54)(32)— %
KUSRP Intermediate, Inc. (dba U.S. Retirement and Benefits Partners)(13)(27)First lien senior secured loan S +
10.50% PIK
7/203034,510 34,119 34,423 0.6 %
1,019,231 1,015,918 16.8 %
Internet software and services
3ES Innovation Inc. (dba Aucerna)(13)(27)(29)First lien senior secured loan S + 6.50%5/202560,167 59,891 60,167 1.0 %
3ES Innovation Inc. (dba Aucerna)(10)(13)(27)(29)First lien senior secured revolving loan S + 6.50%5/20251,700 1,687 1,700 — %
Anaplan, Inc.(13)(27)First lien senior secured loan S + 6.50%6/2029135,082 133,914 135,082 2.3 %
Anaplan, Inc.(10)(23)(27)First lien senior secured revolving loan S + 6.50%6/2028— (77)— — %
Armstrong Bidco Limited (dba The Access Group)(20)(27)(29)First lien senior secured loan SA + 5.00%6/2029 £2,960 3,562 3,585 0.1 %
Bayshore Intermediate #2, L.P. (dba Boomi)(14)(27)First lien senior secured loan S +
7.50% PIK
10/2028102,258 100,796 100,980 1.7 %
Bayshore Intermediate #2, L.P. (dba Boomi)(10)(14)(27)First lien senior secured revolving loan S + 6.50%10/20271,384 1,280 1,297 — %
BCPE Nucleon (DE) SPV, LP(15)(27)(29)First lien senior secured loan S + 7.00%9/2026189,778 188,119 189,778 3.2 %
BCTO BSI Buyer, Inc. (dba Buildertrend)(14)(27)First lien senior secured loan S + 7.00%12/202655,101 54,746 55,101 0.9 %
BCTO BSI Buyer, Inc. (dba Buildertrend)(10)(23)(27)First lien senior secured revolving loan S + 7.00%12/2026— (69)— — %
13

Blue Owl Capital Corporation
Consolidated Schedule of Investments
As of September 30, 2023
(Amounts in thousands, except share amounts)
(Unaudited)
Company(1)(4)(8)(33)InvestmentInterestMaturity DatePar / UnitsAmortized Cost(2)(3)Fair Value Percentage of Net Assets
Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.)(14)(27)First lien senior secured loan S + 5.50%8/202712,827 12,606 12,153 0.2 %
Catalis Intermediate, Inc. (fka GovBrands Intermediate, Inc.)(10)(13)(27)First lien senior secured revolving loan S + 5.50%8/2027273 260 232 — %
Centrify Corporation(14)(27)First lien senior secured loan S + 5.75%3/2028