UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 20, 2023

OWL ROCK CORE INCOME CORP.

(Exact name of Registrant as Specified in Its Charter)

Registrant’s Telephone Number, Including Area Code: (212) 419-3000

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 1.01 – Entry into a Material Definitive Agreement

On June 20, 2023 (the “Amendment Date”), Core Income Funding I LLC (“Core Income Funding I”), a subsidiary of Owl Rock Core Income Corp. (the “Company”), entered into Amendment No. 2 (the “Amendment No. 2” and the facility as amended, the “Secured Credit Facility”), which amended that certain Credit Agreement, dated as of September 16, 2021 (as amended by Amendment No. 1 dated December 27, 2021), by and among Core Income Funding I, as borrower, the Company, as equityholder and services provider, the lenders from time to time parties thereto, Natixis, New York Branch, as Facility Agent, State Street Bank and Trust Company, as Collateral Agent and Alter Domus (US) LLC, as Collateral Custodian. Among other changes, Amendment No. 2 (i) converted the benchmark rate of the facility loans denominated in USD from LIBOR to term SOFR, (ii) incorporated compliance with the transparency and reporting requirements contained in Article 7 of Regulation (EU) 2017/2402, (iii) extended the reinvestment period from September 16, 2023 to September 16, 2025, (iv) extended the stated maturity from September 16, 2031 to September 16, 2033, (v) reduced the Total Revolving Commitment under the Secured Credit Facility from $350 million to $325 million and (vi) amended the Daily Rate from (1.55% x BSL Ratio) + (2.15% x (100%- BSL Ratio) for each day of the applicable Interest Period to (2.00% x BSL Ratio) + (2.85% x (100%- BSL Ratio) for each day of the applicable Interest Period.

Borrowings of Core Income Funding I are considered our borrowings for purposes of complying with the asset coverage requirements under the 1940 Act.

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.

(d) Exhibits

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.