---
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"
generated_at: "2026-05-16T13:45:46.050343+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ares Capital completes $1.0B CLO securitization ADL CLO 7 with notes maturing 2038

## Summary
- $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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-119724
- JSON: https://secwatch.observer/filing/0001104659-25-119724.json
- Plain text: https://secwatch.observer/filing/0001104659-25-119724.txt

## Key facts
- Debt Financings
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1287750/000110465925119724/0001104659-25-119724-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.