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 credit facility of $1.6 billion with Sumitomo Mitsui Banking Corporation at 1.75% over SOFR or 0.75% over base rate.
- Instrument
- credit facility
- Principal
- $1.6 billion
- Counterparty
- Sumitomo Mitsui Banking Corporation
- Rate
- 1.75% over SOFR or 0.75% over base rate
- Event
- amendment
Exact text from the filing
The SMBC Funding Facility Amendment, among other things, (a) increased the commitments under the SMBC Funding Facility from $1.1 billion to $1.6 billion; (b) adjusted the interest rate charged on the SMBC Funding Facility from an applicable spread of either (i) 1.80% over SOFR or (ii) 0.80% over a “base rate” (as defined in the documents governing the SMBC Funding Facility) to an applicable spread of either (x) 1.75% over SOFR or (y) 0.75% over a “base rate” (as defined in the documents governing the SMBC Funding Facility)
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ARES CAPITAL CORP amended SMBC Funding Facility Amendment with Sumitomo Mitsui Banking Corporation valued at $1.6 billion (effective 2026-02-25).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Sumitomo Mitsui Banking Corporation
- Value
- $1.6 billion
- Effective
- 2026-02-25
Exact text from the filing
On February 25, 2026, Ares Capital Corporation (the “Registrant”) and Ares Capital JB Funding LLC, a wholly owned subsidiary of the Registrant (“ACJB LLC”), entered into Amendment No. 13 (the “SMBC Funding Facility Amendment”) to amend the Loan and Servicing Agreement, dated as of January 20, 2012, as amended (the “SMBC Funding Facility”), with Sumitomo Mitsui Banking Corporation and each of the other parties thereto.
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