secwatch.observer — SEC 8-K summary
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Issuer:     ARES CAPITAL CORP (ARCC)
CIK:        0001287750
Form:       8-K
Filed at:   2024-04-03T23:59:59+00:00
Accession:  0001287750-24-000018
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 extends SMBC facility maturity to 2029, ups interest spread
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287750/000128775024000018/0001287750-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287750/000128775024000018/arcc-20240328.htm
  HTML page:      https://secwatch.observer/filing/0001287750-24-000018

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