Owl Rock Capital Corporation announced that it has entered into the Seventh Amendment to Senior Secured Revolving Credit Agreement 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, (v) the Fifth Amendment to Senior Secured Revolving Credit Agreement, dated as of May 7, 2020 and (vi) the Sixth Amendment to Senior Secured Revolving Credit Agreement, dated as of September 3, 020. Among other changes, the Amendment (a) increased the aggregate commitments under the Revolving Credit Facility to $1.555 billion; (b) increased the accordion feature, which allows the Company, under certain circumstance, to increase the size of the Revolving Credit Facility, to $2.2 billion, and (c) with respect to $1.48 billion of commitments (i) extended the stated maturity date from September 3, 2025 to September 22, 2026, (ii) extended the commitment termination date from September 3, 2024 to September 22, 2025 and (iii) reduced the tated interest rate for LIBOR borrowings to LIBOR plus margin of either 1.875% per annum or, if the borrowing base is greater than or equal to the product of 1.60 and the combined debt amount, 1.75% per annum. The amendment further builds in a hardwired approach for the replacement of LIBOR loans in U.S. dollars. For LIBOR loans in other permitted currencies, the amendment includes customary fallback mechanics for the company and the Administrative Agent to select an alternative benchmark, subject to the negative consent of required lenders.