secwatch / observer
8-K filed January 23, 2024, 6:59 PM ET ticker ARCC CIK 0001287750
debt confidence high sentiment neutral materiality 0.60

ARES CAPITAL CORP (ARCC): debt financing — Ares Capital issues $1B of 5.875% notes due 2029; enters interest rate swap

ARES CAPITAL CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ARES CAPITAL CORP incurred senior notes of $1,000,000,000 with U.S. Bank Trust Company, National Association at 5.875% maturing March 1, 2029.

Instrument
senior notes
Principal
$1,000,000,000
Counterparty
U.S. Bank Trust Company, National Association
Rate
5.875%
Maturity
March 1, 2029
Event
incurrence
Exact text from the filing
On January 23, 2024, Ares Capital Corporation (the “Company”) and U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association (the “Trustee”), entered into an Eighteenth Supplemental Indenture (the “Eighteenth Supplemental Indenture”) to the Indenture, dated October 21, 2010, between the Company and the Trustee (the “Indenture”). The Eighteenth Supplemental Indenture relates to the Company’s issuance, offer and sale of $1,000,000,000 aggregate principal amount of its 5.875% notes due 2029 (the “Notes”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

ARES CAPITAL CORP entered into Eighteenth Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $1,000,000,000 aggregate principal amount of its 5.875% notes due 2029 (effective 2024-01-23).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
$1,000,000,000 aggregate principal amount of its 5.875% notes due 2029
Effective
2024-01-23
Exact text from the filing
On January 23, 2024, Ares Capital Corporation (the “Company”) and U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association (the “Trustee”), entered into an Eighteenth Supplemental Indenture (the “Eighteenth Supplemental Indenture”) to the Indenture, dated October 21, 2010, between the Company and the Trustee (the “Indenture”).
View on SEC.gov

283 debt financings filed in the last 30 days. Browse all debt financings →

ARES CAPITAL CORP filing history →

Source: SEC EDGAR
accession 0001104659-24-005898
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.