Item 1.01 - Entry into a Material Definitive Agreement

On September 3, 2020, Owl Rock Capital Corporation (the "Company"), a Maryland corporation, entered into the Sixth Amendment to Senior Secured Revolving Credit Agreement (the "Amendment" and the facility as amended, the "Revolving Credit Facility"), which amended that certain Senior Secured Revolving Credit Agreement, dated February 1, 2017, as amended by (i) the First Amendment to Senior Secured Revolving Credit Agreement, dated as of July 17, 2017, (ii) the First Omnibus Amendment to Senior Secured Revolving Credit Agreement and Guarantee and Security Agreement, dated as of March 29, 2018, (iii) the Third Amendment to Senior Secured Revolving Credit Agreement, dated as of June 21, 2018, (iv) the Fourth Amendment to Senior Secured Revolving Credit Agreement, dated as of April 2, 2019 and (v) the Fifth Amendment to Senior Secured Revolving Credit Agreement, dated as of May 7, 2020. Among other changes, the Amendment (a) increased the aggregate commitments under the Revolving Credit Facility from $1.195 billion to $1.355 billion; (b) increased the accordion feature, which allows the Company, under certain circumstance, to increase the size of the Revolving Credit Facility, from $1.5 billion to $2 billion and (c) with respect to $1.295 billion of commitments (i) extended the stated maturity date from April 2, 2024 to September 3, 2025 and (ii) extended the commitment termination date from March 31, 2023 to September 3, 2024.

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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