{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-032067","form_type":"8-K","ticker":null,"cik":"0002031750","company_name":"Ares Core Infrastructure Fund","filed_at":"2026-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.055421+00:00","generated_at":"2026-05-15T09:43:42.413636+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Ares Core Infrastructure Fund amends Aspen credit agreement; adds $249.9M delayed draw loan","bullets":["Adds $249.9M delayed draw term loan (undrawn on effective date) and $16.1M debt service LC facility (fully utilized).","Total term loan facility now $478.01M; total LC facility now $31.70M.","Interest rate on outstanding term loans decreased from SOFR+1.75% to SOFR+1.625% through March 2028, then steps up.","Commitment fee on undrawn DDTL commitments is 0.60% annually; LC fee rate decreased from 1.725% to 1.625%.","Amendment also supports the Sierra acquisition; other terms of the credit agreement remain materially unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-032067","json":"https://secwatch.observer/filing/0001104659-26-032067.json","markdown":"https://secwatch.observer/filing/0001104659-26-032067.md","text":"https://secwatch.observer/filing/0001104659-26-032067.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2031750/000110465926032067/0001104659-26-032067-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2031750/000110465926032067/tm269215d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:43:42.413636+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":"249f336421b8dd6391d89b846b1f271852a46b8f","claim":"Ares Core Infrastructure Fund amended credit facility with MUFG Bank, LTD, as Administrative Agent at SOFR plus 1.625%.","evidence_excerpt":"the interest rate charged on outstanding term loans under the Aspen Credit Agreement for the period from Amendment Effective Date until March 14, 2028, decreased from SOFR (as defined in the Aspen Credit Agreement) plus 1.75% to SOFR plus 1.625%","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000110465926032067/0001104659-26-032067-index.htm","confidence":0.9},{"claim_id":"73a0cd7498ce5d2760cfa254cc03407c6174966c","claim":"Ares Core Infrastructure Fund incurred term loan of $249.90 million delayed draw term loan with MUFG Bank, LTD, as Administrative Agent.","evidence_excerpt":"The Aspen Facility Amendment, among other things, provides for an additional (A) $249.90 million delayed draw term loan (the \"First Amendment DDTL\"), of which $0 was drawn as of the Amendment Effective Date","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000110465926032067/0001104659-26-032067-index.htm","confidence":0.9},{"claim_id":"d6e610442a9ced093d0ebd3ea0b8e1651b951285","claim":"Ares Core Infrastructure Fund amended Aspen Facility Amendment with MUFG Bank, LTD (as Administrative Agent) and BNP Paribas (as Collateral Agent) valued at $249.90 million (effective 2026-03-13).","evidence_excerpt":"On March 13, 2026 (the “Amendment Effective Date”), Ares Aspen Member LLC as borrower (the “Borrower”) and Ares Aspen Holdings LLC as pledgor (the “Pledgor”), each a wholly-owned subsidiary of Ares Core Infrastructure Fund (the “Fund”), entered into the First Amendment to Credit Agreement and First Amendment to Pledge and Security Agreement (the “Aspen Facility Amendment”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000110465926032067/0001104659-26-032067-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001993004-26-000044","ticker":"NWE","company_name":"NorthWestern Energy Group, Inc.","filed_at":"2026-06-02T11:22:44+00:00","headline":"NorthWestern Energy subsidiary enters $225M secured term loan, repays revolver","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt"],"urls":{"canonical":"https://secwatch.observer/filing/0001993004-26-000044","json":"https://secwatch.observer/filing/0001993004-26-000044.json","markdown":"https://secwatch.observer/filing/0001993004-26-000044.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1993004/000199300426000044/0001993004-26-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1993004/000199300426000044/nwe-20260527.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"the interest rate charged on outstanding term loans under the Aspen Credit Agreement for the period from Amendment Effective Date until March 14, 2028, decreased from SOFR (as defined in the Aspen Credit Agreement) plus 1.75% to SOFR plus 1.625%","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000110465926032067/0001104659-26-032067-index.htm","comparable_excerpt":"NW Corp's obligations under the Term Loan are secured by a $225 million first mortgage bond","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1993004/000199300426000044/0001993004-26-000044-index.htm"}},{"accession":"0001140361-26-023577","ticker":"TCPC","company_name":"BlackRock TCP Capital Corp.","filed_at":"2026-06-01T20:50:02+00:00","headline":"BlackRock TCP Capital closes $535.8M CLO securitization, repays existing debt facilities","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-023577","json":"https://secwatch.observer/filing/0001140361-26-023577.json","markdown":"https://secwatch.observer/filing/0001140361-26-023577.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/ef20075169_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"the interest rate charged on outstanding term loans under the Aspen Credit Agreement for the period from Amendment Effective Date until March 14, 2028, decreased from SOFR (as defined in the Aspen Credit Agreement) plus 1.75% to SOFR plus 1.625%","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000110465926032067/0001104659-26-032067-index.htm","comparable_excerpt":"Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the \" Closing Date \"), BlackRock TCP Capital Corp. (the \" Company \"), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the \" CLO Transaction \"). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1370755/000114036126023577/0001140361-26-023577-index.htm"}},{"accession":"0000785161-26-000161","ticker":"EHC","company_name":"Encompass Health Corp","filed_at":"2026-06-01T20:26:16+00:00","headline":"Encompass Health issues $500M 5.875% notes due 2034; to redeem $400M of 4.500% notes due 2028","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.5,"calibrated_materiality_score":0.5,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt"],"urls":{"canonical":"https://secwatch.observer/filing/0000785161-26-000161","json":"https://secwatch.observer/filing/0000785161-26-000161.json","markdown":"https://secwatch.observer/filing/0000785161-26-000161.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/ehc-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"the interest rate charged on outstanding term loans under the Aspen Credit Agreement for the period from Amendment Effective Date until March 14, 2028, decreased from SOFR (as defined in the Aspen Credit Agreement) plus 1.75% to SOFR plus 1.625%","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000110465926032067/0001104659-26-032067-index.htm","comparable_excerpt":"On May 29, 2026, Encompass Health Corporation (the “Company”) completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Notes”), along with the related guarantees of the Notes by certain of the Company’s subsidiaries (the “Guarantees”), in a private offering.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/785161/000078516126000161/0000785161-26-000161-index.htm"}},{"accession":"0001628280-26-039479","ticker":"VVX","company_name":"V2X, Inc.","filed_at":"2026-06-01T20:10:20+00:00","headline":"V2X refinances $868.5M term loans with new tranche maturing 2030; SOFR+2% margin","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-039479","json":"https://secwatch.observer/filing/0001628280-26-039479.json","markdown":"https://secwatch.observer/filing/0001628280-26-039479.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/0001628280-26-039479-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/vec-20260529.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"the interest rate charged on outstanding term loans under the Aspen Credit Agreement for the period from Amendment Effective Date until March 14, 2028, decreased from SOFR (as defined in the Aspen Credit Agreement) plus 1.75% to SOFR plus 1.625%","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000110465926032067/0001104659-26-032067-index.htm","comparable_excerpt":"The Amendment provides for, among other things, a new tranche of term loans under the Credit Agreement in an aggregate original principal amount of $868,522,978.38 (the “New Term Loans”), which New Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Amendment), as further set forth in the Amendment. The New Term Loans mature on December 6, 2030.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1601548/000162828026039479/0001628280-26-039479-index.htm"}},{"accession":"0001213900-26-054183","ticker":"EMAT","company_name":"Evolution Metals & Technologies Corp.","filed_at":"2026-05-11T23:59:59+00:00","headline":"EMAT secures $100M convertible debenture facility from Yorkville; first $20M tranche issued","event_type":"debt","sec_items":["1.01","2.03","3.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-054183","json":"https://secwatch.observer/filing/0001213900-26-054183.json","markdown":"https://secwatch.observer/filing/0001213900-26-054183.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/ea0290073-8k_evolution.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"the interest rate charged on outstanding term loans under the Aspen Credit Agreement for the period from Amendment Effective Date until March 14, 2028, decreased from SOFR (as defined in the Aspen Credit Agreement) plus 1.75% to SOFR plus 1.625%","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000110465926032067/0001104659-26-032067-index.htm","comparable_excerpt":"The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1866226/000121390026054183/0001213900-26-054183-index.htm"}},{"accession":"0000008947-26-000108","ticker":"AZZ","company_name":"AZZ INC","filed_at":"2026-05-08T23:59:59+00:00","headline":"AZZ refinances revolver; maturity extended to 2029, margins cut 50 bps","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt"],"urls":{"canonical":"https://secwatch.observer/filing/0000008947-26-000108","json":"https://secwatch.observer/filing/0000008947-26-000108.json","markdown":"https://secwatch.observer/filing/0000008947-26-000108.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/0000008947-26-000108-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/azz-20260507.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"the interest rate charged on outstanding term loans under the Aspen Credit Agreement for the period from Amendment Effective Date until March 14, 2028, decreased from SOFR (as defined in the Aspen Credit Agreement) plus 1.75% to SOFR plus 1.625%","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000110465926032067/0001104659-26-032067-index.htm","comparable_excerpt":"The Seventh Amendment (i) terminated the Initial Revolving Credit Commitments and simultaneously replaced them in their entirety with Extended Revolving Credit Commitments having a Maturity Date of May 7, 2029, (ii) decreased the interest rate margin applicable to the Revolving Credit Loans from margins ranging from 175 basis points to 275 basis points (subject to leverage ratio step-downs) to margins ranging from 125 basis points to 225 basis points (subject to leverage ratio step-downs)","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/8947/000000894726000108/0000008947-26-000108-index.htm"}},{"accession":"0001104659-26-057953","ticker":"ILPT","company_name":"Industrial Logistics Properties Trust","filed_at":"2026-05-08T23:59:59+00:00","headline":"ILPT Mountain JV closes $1.62B loan at 5.71% fixed, repays $1.6B existing debt","event_type":"debt","sec_items":["1.01","1.02","2.03","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-057953","json":"https://secwatch.observer/filing/0001104659-26-057953.json","markdown":"https://secwatch.observer/filing/0001104659-26-057953.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/0001104659-26-057953-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/tm2613865d1_8k.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"the interest rate charged on outstanding term loans under the Aspen Credit Agreement for the period from Amendment Effective Date until March 14, 2028, decreased from SOFR (as defined in the Aspen Credit Agreement) plus 1.75% to SOFR plus 1.625%","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000110465926032067/0001104659-26-032067-index.htm","comparable_excerpt":"Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch, or collectively,\nthe lenders, pursuant to which Mountain JV obtained, in aggregate, a $1.62 billion loan secured\nby 90 of its properties, or the Loan . Also on May 8, 2026, we entered into a guaranty in favor of the lenders, pursuant to which\nwe guaranteed certain limited","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1717307/000110465926057953/0001104659-26-057953-index.htm"}},{"accession":"0001193125-26-214205","ticker":"PGIM","company_name":"PGIM Private Credit Fund","filed_at":"2026-05-08T23:59:59+00:00","headline":"PGIM Private Credit Fund enters $100M credit facility with $500M accordion option","event_type":"debt","sec_items":["1.01","2.03","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: debt_financing, material_agreement","same SEC item: 1.01, 2.03, 9.01","same event type: debt"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-214205","json":"https://secwatch.observer/filing/0001193125-26-214205.json","markdown":"https://secwatch.observer/filing/0001193125-26-214205.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/0001193125-26-214205-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/ck0001923622-20260505.htm"},"side_by_side_evidence":{"fact_type":"debt_financing","source_excerpt":"the interest rate charged on outstanding term loans under the Aspen Credit Agreement for the period from Amendment Effective Date until March 14, 2028, decreased from SOFR (as defined in the Aspen Credit Agreement) plus 1.75% to SOFR plus 1.625%","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000110465926032067/0001104659-26-032067-index.htm","comparable_excerpt":"Repo Rate Average; and for Australian‐dollar advances, Bank Bill Swap Rate), in each case subject to a 0.25% floor. The initial facility amount of the Credit Facility is $100 million, with an accordion feature that permits increases, with the consent of the facility agent and the lenders, up to an aggregate commitment of $500 million. The Credit Facility has","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1923622/000119312526214205/0001193125-26-214205-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}