---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-127342"
form_type: "8-K"
ticker: "ARCC"
cik: "0001287750"
company_name: "ARES CAPITAL CORP"
filed_at: "2023-12-19T23:59:59+00:00"
generated_at: "2026-06-07T10:21:12.893706+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ares Capital increases BNP Funding Facility commitments by $75M to $865M

## Summary
- Commitments under the BNP Funding Facility increased from $790M to $865M (approx. +9.5%).
- Certain concentration limitations and eligible loan criteria were modified.
- Other terms of the facility remained materially unchanged.
- Amendment effective December 14, 2023 between Ares Capital, its subsidiary, and BNP Paribas.

## SEC filing metadata
- accession: 0001104659-23-127342
- form_type: 8-K
- ticker: ARCC
- cik: 0001287750
- company_name: ARES CAPITAL CORP
- filed_at: 2023-12-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287750/000110465923127342/0001104659-23-127342-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287750/000110465923127342/tm2333163d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-127342
- JSON: https://secwatch.observer/filing/0001104659-23-127342.json
- Plain text: https://secwatch.observer/filing/0001104659-23-127342.txt

## Key facts
- Debt Financings
  ARES CAPITAL CORP amended revolving credit of increased the commitments under the BNP Funding Facility from $790 million to $865 million.
  - Instrument: revolving credit
  - Principal: increased the commitments under the BNP Funding Facility from $790 million to $865 million
  - Event: amendment
  source text: The BNP Amendment among other things (a) increased the commitments under the BNP Funding Facility from $790 million to $865 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000110465923127342/0001104659-23-127342-index.htm
- Material Agreements
  ARES CAPITAL CORP amended Sixth Amendment to the Revolving Credit and Security Agreement with ARCC FB Funding LLC valued at increased the commitments under the BNP Funding Facility from $790 million to $865 million (effective 2023-12-14).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: ARCC FB Funding LLC
  - Value: increased the commitments under the BNP Funding Facility from $790 million to $865 million
  - Effective: 2023-12-14
  source text: On December 14, 2023, Ares Capital Corporation (the "Company") and ARCC FB Funding LLC, a wholly owned subsidiary of the Company ("AFB LLC"), amended the document governing AFB LLC’s revolving funding facility (the "BNP Funding Facility") by entering into a Sixth Amendment to the Revolving Credit and Security Agreement (the "BNP Amendment")
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000110465923127342/0001104659-23-127342-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.