Blue Owl’s Athena Funding ups term loan, revolver to $400 million each

By Wendy Van Sickle

Columbus, Ohio, Aug. 17 – Athena Funding I LLC executed a third amendment to the credit agreement dated July 15, 2022 with Societe Generale as administrative agent to increase each of the term loan and the revolving commitment by $50 million, according to an 8-K filing with the Securities and Exchange Commission.

Each tranche was enlarged to $400 million from $350 million.

State Street Bank and Trust Co. is the collateral agent, and Alter Domus (US) LLC is the document custodian.

The amendment was entered on Aug. 15.

The borrower is a subsidiary of Blue Owl Technology Finance Corp. II.

The specialty finance company is based in New York.

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