ARES CAPITAL CORP (ARCC): debt financing — Ares Capital issues $650M in 5.100% notes due 2031 to repay debt

ARES CAPITAL CORP

Issued $650M aggregate principal of 5.100% notes maturing Jan 15, 2031; interest payable semiannually Jan 15 and Jul 15 starting 2026.
Net proceeds used to repay outstanding debt under existing debt facilities; reborrowing allowed for general corporate purposes.
Notes are direct unsecured obligations; covenants include compliance with Investment Company Act Section 18(a)(1)(A) as modified.
Entered forward-starting interest rate swap with Wells Fargo, notional $650M, to swap fixed 5.100% for floating (1M SOFR + 1.7270%), effective Jul 15, 2026.
Transaction closed Sep 9, 2025; offered under shelf registration; U.S. Bank Trust Company serves as trustee and custodian.

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 $650,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 5.100% per year maturing January 15, 2031.

Instrument: senior notes
Principal: $650,000,000 aggregate principal amount
Counterparty: U.S. Bank Trust Company, National Association
Rate: 5.100% per year
Maturity: January 15, 2031
Event: incurrence

Exact text from the filing

relates to the Company’s issuance, offer and sale of $650,000,000 aggregate principal amount of its 5.100% notes due 2031

View on SEC.gov

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

ARES CAPITAL CORP filing history →

Source: SEC EDGAR

accession 0001104659-25-088625

view filing index on sec.gov

view primary document

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.