secwatch / observer
8-K filed April 3, 2024, 7:59 PM ET ticker ARCC CIK 0001287750
debt confidence high sentiment neutral materiality 0.55

ARES CAPITAL CORP (ARCC): debt financing — Ares Capital extends SMBC facility maturity to 2029, ups interest spread

ARES CAPITAL CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ARES CAPITAL CORP amended revolving credit with Sumitomo Mitsui Banking Corporation at 2.50% over one month SOFR maturing March 28, 2029.

Instrument
revolving credit
Counterparty
Sumitomo Mitsui Banking Corporation
Rate
2.50% over one month SOFR
Maturity
March 28, 2029
Event
amendment
Exact text from the filing
On March 28, 2024, Ares Capital Corporation (the "Registrant") and Ares Capital JB Funding LLC, a wholly owned subsidiary of the Registrant ("ACJB LLC"), entered into an amendment (the "SMBC Amendment") to the documents governing ACJB LLC's revolving funding facility (the "SMBC Funding Facility") with Sumitomo Mitsui Banking Corporation and each of the other parties thereto.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ARES CAPITAL CORP amended SMBC Amendment with Sumitomo Mitsui Banking Corporation (effective 2024-03-28).

Action
amendment
Agreement
credit facility
Counterparty
Sumitomo Mitsui Banking Corporation
Effective
2024-03-28
Exact text from the filing
On March 28, 2024, Ares Capital Corporation (the “Registrant”) and Ares Capital JB Funding LLC, a wholly owned subsidiary of the Registrant (“ACJB LLC”), entered into an amendment (the “SMBC Amendment”) to the documents governing ACJB LLC’s revolving funding facility (the “SMBC Funding Facility”) with Sumitomo Mitsui Banking Corporation and each of the other parties thereto.
View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

ARES CAPITAL CORP filing history →

Source: SEC EDGAR
accession 0001287750-24-000018
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