BDCs
BDC Quick Recap: Owl Rock Technology Finance Corp. II as of December 31st, 2022
Owl Rock Technology Finance Corp. II filed its earnings this morning and data was available in SOLVE’s BDC workstation within minutes. Here is a quick recap of the credit stats for Owl Rock Technology Finance Corp. II for the three-month period ended Dec. 31st, 2022.
Portfolio Stats
| FMV | $2.46B |
| # of Investments | 117 |
| Total unused commitments to extend financing | $224.5M |
| Portfolio Companies | 65 |
| Portfolio Composition | |
| First Lien | 73.80% |
| Second Lien | 7.50% |
| Equity and Other | 18.70% |
Source: SOLVE Fixed Income, Owl Rock Technology Finance Corp. II
Portfolio Credit Quality
| Non-Accruals Cost | 0 |
| # of Non-Accruals | 0 |
| # of Portfolio at Cost | 0.00% |
| New Non-Accruals | N/A |
Source: SOLVE Fixed Income, Owl Rock Technology Finance Corp. II
Select New Originations
| Company | Investment Type | Industry | Cost | Maturity | Coupon |
| Computer Services Inc | First Lien Senior Secured Loan | Systems Software | $122.5M | 11/15/2029 | S+675 |
| Avalara Inc | First Lien Senior Secured Loan | Application Software | $103.0M | 10/19/2028 | S+725 |
| Zendesk Inc | First Lien Senior Secured Loan | Application Software | $89.9M | 11/22/2028 | S+650 |
Source: SOLVE Fixed Income, Owl Rock Technology Finance Corp. II
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