other material
confidence high
sentiment neutral
materiality 0.15
ARCC stockholders approve issuance of shares below NAV (25% limit) for 12 months
ARES CAPITAL CORP
- Authorization to sell shares below NAV passes: 238.99M for, 63.1M against, 11.29M abstain.
- Issuance capped at 25% of outstanding common stock; effective through August 8, 2025.
- Excluding affiliates: 231.72M for, 63.1M against, 11.29M abstain.