---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-085912"
form_type: "8-K"
ticker: "ARCC"
cik: "0001287750"
company_name: "ARES CAPITAL CORP"
filed_at: "2026-07-22T21:23:34+00:00"
generated_at: "2026-07-22T21:24:05.761590+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ares Capital subsidiary completes $708.7M CLO refinancing, extends maturity to 2038

## Summary
- ADL CLO 1 issued $267M Class A-1-R notes at SOFR+1.46%, $24.5M Class A-2-R at SOFR+1.70%, $45.5M Class B-R at SOFR+1.90%.
- Also incurred $139M Class A-1-LR term loans at SOFR+1.46%, maturing July 2038.
- Proceeds used to redeem $406M Class A and $70M Class B notes due 2036, plus fees.
- Company retained all subordinated notes ($225.6M existing + $7.1M new), eliminated on consolidation.
- Secured notes backed by first lien senior secured loan portfolio; asset manager waived management fees.

## SEC filing metadata
- accession: 0001104659-26-085912
- form_type: 8-K
- ticker: ARCC
- cik: 0001287750
- company_name: ARES CAPITAL CORP
- filed_at: 2026-07-22T21:23:34+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287750/000110465926085912/0001104659-26-085912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287750/000110465926085912/tm2620889d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-085912
- JSON: https://secwatch.observer/filing/0001104659-26-085912.json
- Plain text: https://secwatch.observer/filing/0001104659-26-085912.txt

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