Ares Capital Corporation Issues $1 Billion of 5.800% Notes Due 2032

ARES CAPITAL CORP

On January 8, 2025, Ares Capital issued $1,000,000,000 aggregate principal amount of 5.800% notes due March 8, 2032.
The notes are direct unsecured obligations and bear interest at 5.800% per year, payable semiannually.
Net proceeds will be used to repay outstanding indebtedness under the company's debt facilities.
Ares Capital entered into a forward-starting interest rate swap with Wells Fargo to swap fixed rate to floating rate based on SOFR.
The notes may be redeemed in whole or in part at the company's option at any time.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud 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.