ARES CAPITAL CORP (ARCC): debt financing — Ares Capital completes $1.0B CLO securitization ADL CLO 7 with notes maturing 2038

ARES CAPITAL CORP

$1.0B term debt securitization closed Dec 3, 2025 via wholly owned subsidiary ADL CLO 7.
Notes issued: $570M Class A-1 at SOFR+1.40%, $50M Class A-2 at SOFR+1.65%, $80M Class B at SOFR+1.85%, and $303.3M sub notes retained.
All CLO notes mature Jan 20, 2038; subordinated notes are unsecured and eliminated on consolidation.
Net proceeds to repay outstanding debt under its facilities and/or invest in portfolio companies.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

ARES CAPITAL CORP incurred credit facility of $1.0 billion with third parties at Term SOFR plus 1.40% (Class A-1), Term SOFR plus 1.65% (Class A-2), Term SOFR pl maturing January 20, 2038.

Instrument: credit facility
Principal: $1.0 billion
Counterparty: third parties
Rate: Term SOFR plus 1.40% (Class A-1), Term SOFR plus 1.65% (Class A-2), Term SOFR pl
Maturity: January 20, 2038
Event: incurrence

Exact text from the filing

ate and include (i) $570.0 million of Class A-1 Senior Floating Rate Notes that were issued to third parties and bear interest at Term SOFR (as defined in the January 2038 CLO Indenture) plus 1.40% (the “January 2038 Class A-1 CLO Notes”); (ii) $50.0 million

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ARES CAPITAL CORP entered into January 2038 CLO Indenture valued at $1.0 billion (effective 2025-12-03).

Action: entry
Agreement: notes offering
Value: $1.0 billion
Effective: 2025-12-03

Exact text from the filing

The notes offered in the ADL CLO 7 Debt Securitization that mature on January 20, 2038 (collectively, the “January 2038 CLO Notes”) were issued by ADL CLO 7 pursuant to the indenture governing the January 2038 CLO Notes (the “January 2038 CLO Indenture”) dated as of the Closing Date

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ARES CAPITAL CORP filing history →

Source: SEC EDGAR

accession 0001104659-25-119724

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