---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-050503"
form_type: "8-K"
ticker: "ARCC"
cik: "0001287750"
company_name: "ARES CAPITAL CORP"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T02:46:11.635322+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ares Capital enters new at-the-market equity distribution agreements for up to $1.5B

## Summary
- Entered equity distribution agreements with Truist, Mizuho, RBC, Regions, and SMBC Nikko to sell up to $1.5B of common stock.
- Prior equity distribution agreements with Truist, Mizuho, RBC, and Regions dated Feb 5, 2025 terminated effective Apr 28, 2026.
- Sales agents receive commission up to 1.5% of gross sales price; Company has no obligation to sell shares.
- Sales may be made in at-the-market transactions on Nasdaq or negotiated transactions at prevailing prices.
- Prospectus supplement filed with SEC; Registration Statement on Form N-2 (File 333-279023) from May 1, 2024.

## SEC filing metadata
- accession: 0001104659-26-050503
- form_type: 8-K
- ticker: ARCC
- cik: 0001287750
- company_name: ARES CAPITAL CORP
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287750/000110465926050503/0001104659-26-050503-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287750/000110465926050503/tm2612790d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-050503
- JSON: https://secwatch.observer/filing/0001104659-26-050503.json
- Plain text: https://secwatch.observer/filing/0001104659-26-050503.txt

## Source-grounded claims
- claim_id: 33a26fa99517ec5e2fce9a96dd91d32e9f8610a3
  claim: ARES CAPITAL CORP terminated a atm program with Truist Securities, Inc., Mizuho Securities USA LLC, RBC Capital Markets, LLC, Regions Securities LLC (effective 2026-04-28).
  evidence_excerpt: Effective as of April 28, 2026, the Company and each of Truist, Mizuho, RBC and Regions terminated the following agreements, which have been superseded by the Equity Distribution Agreements: (i) the Equity Distribution Agreement, dated as of February 5, 2025, by and among the Company, Ares Capital Management, Ares Operations and Truist, (ii) the Equity Distribution Agreement, dated as of February 5, 2025, by and among the Company, Ares Capital Management, Ares Operations and Mizuho, (iii) the Equity Distribution Agreement, dated as of February 5, 2025, by and among the Company, Ares Capital Management, Ares Operations and RBC and (iv) the Equity Distribution Agreement, dated as of February 5, 2025, by and among the Company, Ares Capital Management, Ares Operations and Regions in accordance with their respective terms.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000110465926050503/0001104659-26-050503-index.htm
- claim_id: cdb7b071764f207ffdfeff9837baa1b80e7b4cb2
  claim: ARES CAPITAL CORP entered into Equity Distribution Agreements with Truist Securities, Inc., Mizuho Securities USA LLC, RBC Capital Markets, LLC, Regions Securities LLC, SMBC Nikko Securities America, Inc. valued at $1,500,000,000 (effective 2026-04-28).
  evidence_excerpt: On April 28, 2026, Ares Capital Corporation (the “Company”), its investment adviser, Ares Capital Management LLC (“Ares Capital Management”) and its administrator, Ares Operations LLC (“Ares Operations”) entered into separate equity distribution agreements, with each of Truist Securities, Inc. (“Truist”), Mizuho Securities USA LLC (“Mizuho”), RBC Capital Markets, LLC (“RBC”), Regions Securities LLC (“Regions”) and SMBC Nikko Securities America, Inc. (“SMBC” and together with Truist, Mizuho, RBC and Regions, the “Sales Agents”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000110465926050503/0001104659-26-050503-index.htm

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