{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-088625","form_type":"8-K","ticker":"ARCC","cik":"0001287750","company_name":"ARES CAPITAL CORP","filed_at":"2025-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.589247+00:00","generated_at":"2026-05-17T07:14:07.350813+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Ares Capital issues $650M in 5.100% notes due 2031 to repay debt","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-088625","json":"https://secwatch.observer/filing/0001104659-25-088625.json","markdown":"https://secwatch.observer/filing/0001104659-25-088625.md","text":"https://secwatch.observer/filing/0001104659-25-088625.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1287750/000110465925088625/0001104659-25-088625-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1287750/000110465925088625/tm2524475d4_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:14:07.350813+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":"4dd8acdb48fdb457556b07a646ad3e1389aabb5c","claim":"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.","evidence_excerpt":"relates to the Company’s issuance, offer and sale of $650,000,000 aggregate principal amount of its 5.100% notes due 2031","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1287750/000110465925088625/0001104659-25-088625-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$650,000,000 aggregate principal amount"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"5.100% per year"},{"label":"Maturity","value":"January 15, 2031"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}