secwatch.observer — SEC 8-K summary
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Issuer:     ARES CAPITAL CORP (ARCC)
CIK:        0001287750
Form:       8-K
Filed at:   2026-07-22T21:23:34+00:00
Accession:  0001104659-26-085912
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287750/000110465926085912/0001104659-26-085912-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287750/000110465926085912/tm2620889d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-085912

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