Item 1.01 Entry into a Material Definitive Agreement.
On March 15, 2021, ORCC Financing IV LLC executed a Second Amendment to the
Credit Agreement, dated as of August 2, 2019, by and among ORCC Financing IV
LLC, as borrower, Société Générale, as administrative agent, State Street Bank
and Trust Company, as collateral agent, collateral administrator and collateral
custodian, Cortland Capital Market Services LLC, as document custodian, and the
lenders party thereto. The amendment includes various changes to facilitate the
lenders' ability to sell participations in the loans and certain other changes,
including the removal of the "key person event" as a limitation on additional
borrowings and an event which would result in the early termination of the
reinvestment period under the Credit Agreement as well as a requirement that the
eligible assets in the facility not relate to certain prohibited industries.
The foregoing description is only a summary of certain of the provisions of the
Amendment and is qualified in its entirety by the underlying agreement, which
will be filed as an exhibit to the Company's next Quarterly Report on Form 10-Q.
Item 2.03 - Creation of a Direct Financial Obligation
The information set forth under Item 1.01 above is incorporated by reference
into this Item 2.03.
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