secwatch.observer — SEC 8-K summary
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Issuer:     ARES CAPITAL CORP (ARCC)
CIK:        0001287750
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0001104659-23-049659
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ares Capital enters $1B at-the-market equity distribution agreements with three sales agents
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- Up to $1B of common stock may be sold at-the-market through Truist, Regions, and SMBC.
- Sales agents receive commission of up to 1.5% of gross sales price.
- Prior May 2022 equity distribution agreements with same agents terminated.
- Company has no obligation to sell; sales depend on market conditions and capital needs.
- Shares sold under existing shelf registration statement (File No. 333-256733).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287750/000110465923049659/0001104659-23-049659-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287750/000110465923049659/tm2313660d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-049659

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer