secwatch.observer — SEC 8-K summary
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Issuer:     ARES CAPITAL CORP (ARCC)
CIK:        0001287750
Form:       8-K
Filed at:   2026-01-12T23:59:59+00:00
Accession:  0001104659-26-002869
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ares Capital issues $750M of 5.250% notes due 2031; enters interest rate swap
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- Issued $750M principal of 5.250% notes due April 12, 2031; interest payable semiannually.
- Net proceeds to repay credit facility borrowings; may reborrow for portfolio investments.
- Entered interest rate swap with SMBC Capital Markets: receive 5.250% fixed, pay 1M SOFR+1.7217%.
- Change of control repurchase event if notes rated below investment grade by major agencies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287750/000110465926002869/0001104659-26-002869-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287750/000110465926002869/tm262535d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-002869

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer