{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-119724","form_type":"8-K","ticker":"ARCC","cik":"0001287750","company_name":"ARES CAPITAL CORP","filed_at":"2025-12-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.033740+00:00","generated_at":"2026-05-16T13:45:46.050343+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ares Capital completes $1.0B CLO securitization ADL CLO 7 with notes maturing 2038","bullets":["$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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-119724","json":"https://secwatch.observer/filing/0001104659-25-119724.json","markdown":"https://secwatch.observer/filing/0001104659-25-119724.md","text":"https://secwatch.observer/filing/0001104659-25-119724.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1287750/000110465925119724/0001104659-25-119724-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1287750/000110465925119724/tm2532802d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:45:46.050343+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":"45ee197a1bda198b670f1a265cb06c012fe054bb","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1287750/000110465925119724/0001104659-25-119724-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$1.0 billion"},{"label":"Counterparty","value":"third parties"},{"label":"Rate","value":"Term SOFR plus 1.40% (Class A-1), Term SOFR plus 1.65% (Class A-2), Term SOFR pl"},{"label":"Maturity","value":"January 20, 2038"},{"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"}