{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-060586","form_type":"8-K","ticker":"ARCC","cik":"0001287750","company_name":"ARES CAPITAL CORP","filed_at":"2024-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.721525+00:00","generated_at":"2026-06-02T01:59:18.469500+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Ares Capital issues $850M 5.950% notes due 2029, swaps to floating rate","bullets":["Issued $850M principal of 5.950% notes maturing July 15, 2029; closed May 13, 2024.","Net proceeds used to repay outstanding debt facilities; may reborrow for portfolio investments.","Entered interest rate swap with Wells Fargo: receives 5.950% fixed, pays 1-month SOFR+1.643% on same $850M notional.","Swap expires July 15, 2029, matching note maturity; converts fixed-rate debt to floating-rate exposure.","Notes are unsecured; change of control repurchase trigger at 100% if downgraded below investment grade."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-060586","json":"https://secwatch.observer/filing/0001104659-24-060586.json","markdown":"https://secwatch.observer/filing/0001104659-24-060586.md","text":"https://secwatch.observer/filing/0001104659-24-060586.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1287750/000110465924060586/0001104659-24-060586-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1287750/000110465924060586/tm2414194d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T01:59:18.469500+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"75486cedb006c6d42b80a701b84e3737eb85641a","claim":"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.","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1287750/000110465924060586/0001104659-24-060586-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$850,000,000 aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"5.950% per year"},{"label":"Maturity","value":"July 15, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"5fe646da22aea0a938006363e5a6949f47143134","claim":"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).","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1287750/000110465924060586/0001104659-24-060586-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$850,000,000"},{"label":"Effective","value":"2024-05-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}