---
schema_version: "secwatch.filing_event.v1"
accession: "0001287750-24-000018"
form_type: "8-K"
ticker: "ARCC"
cik: "0001287750"
company_name: "ARES CAPITAL CORP"
filed_at: "2024-04-03T23:59:59+00:00"
generated_at: "2026-06-04T02:45:11.116195+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ares Capital extends SMBC facility maturity to 2029, ups interest spread

## Summary
- Extended reinvestment period from May 2024 to March 2027; maturity from May 2026 to March 2029.
- Interest rate spread increased to 2.50% over 1-month SOFR (was 1.75%/2.00% plus 0.10% CSA) or 1.50% over base rate.
- Maximum facility size remains $1.0 billion under amendment to the Loan and Servicing Agreement.
- Amendment with Sumitomo Mitsui Banking Corporation as administrative agent and lenders.

## SEC filing metadata
- accession: 0001287750-24-000018
- form_type: 8-K
- ticker: ARCC
- cik: 0001287750
- company_name: ARES CAPITAL CORP
- filed_at: 2024-04-03T23:59:59+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/1287750/000128775024000018/0001287750-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287750/000128775024000018/arcc-20240328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287750-24-000018
- JSON: https://secwatch.observer/filing/0001287750-24-000018.json
- Plain text: https://secwatch.observer/filing/0001287750-24-000018.txt

## Key facts
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000128775024000018/0001287750-24-000018-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000128775024000018/0001287750-24-000018-index.htm

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