---
schema_version: "secwatch.filing_event.v1"
accession: "0001287750-26-000009"
form_type: "8-K"
ticker: "ARCC"
cik: "0001287750"
company_name: "ARES CAPITAL CORP"
filed_at: "2026-02-27T23:59:59+00:00"
generated_at: "2026-05-15T22:59:35.515678+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ares Capital increases SMBC facility to $1.6B, lowers interest spread

## Summary
- Commitments under SMBC funding facility increased from $1.1 billion to $1.6 billion.
- Interest rate spread lowered to 1.75% over SOFR (from 1.80%) and 0.75% over base rate (from 0.80%).
- Accordion feature raised from max $1.3 billion to max $2.5 billion.
- Other terms of the facility remain materially unchanged.

## SEC filing metadata
- accession: 0001287750-26-000009
- form_type: 8-K
- ticker: ARCC
- cik: 0001287750
- company_name: ARES CAPITAL CORP
- filed_at: 2026-02-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287750/000128775026000009/0001287750-26-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287750/000128775026000009/arcc-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001287750-26-000009
- JSON: https://secwatch.observer/filing/0001287750-26-000009.json
- Plain text: https://secwatch.observer/filing/0001287750-26-000009.txt

## Source-grounded claims
- claim_id: 335850df9ca0ccb8bea0fe85843b0c875ffbae79
  claim: 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.
  evidence_excerpt: 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)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000128775026000009/0001287750-26-000009-index.htm
- claim_id: af6ab2b696ba59b64bd96e62d434fefa1f6d6026
  claim: ARES CAPITAL CORP amended SMBC Funding Facility Amendment with Sumitomo Mitsui Banking Corporation valued at $1.6 billion (effective 2026-02-25).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287750/000128775026000009/0001287750-26-000009-index.htm

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