secwatch / observer
8-K filed May 13, 2024, 7:59 PM ET ticker ARCC CIK 0001287750
debt confidence high sentiment neutral materiality 0.65

ARES CAPITAL CORP (ARCC): debt financing — Ares Capital issues $850M 5.950% notes due 2029, swaps to floating rate

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 $850,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 5.950% per year maturing July 15, 2029.

Instrument
senior notes
Principal
$850,000,000 aggregate principal amount
Counterparty
U.S. Bank Trust Company, National Association
Rate
5.950% per year
Maturity
July 15, 2029
Event
incurrence
Exact text from the filing
The First Supplemental Indenture relates to the Company’s issuance, offer and sale of $850,000,000 aggregate principal amount of its 5.950% notes due 2029 (the “Notes”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ARES CAPITAL CORP entered into Indenture (Base Indenture and First Supplemental Indenture) with U.S. Bank Trust Company, National Association valued at $850,000,000 (effective 2024-05-13).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
$850,000,000
Effective
2024-05-13
Exact text from the filing
On May 13, 2024, Ares Capital Corporation (the “Company”) and U.S. Bank Trust Company, National Association (the “Trustee”), entered into an Indenture, dated May 13, 2024, between the Company and the Trustee (the “Base Indenture”) and a First Supplemental Indenture, dated May 13, 2024, between the Company and the Trustee (the “First Supplemental Indenture” and, together with the “Base Indenture,” the “Indenture”).
View on SEC.gov

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

ARES CAPITAL CORP filing history →

Source: SEC EDGAR
accession 0001104659-24-060586
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