secwatch.observer — SEC 8-K summary
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Issuer:     ARES CAPITAL CORP (ARCC)
CIK:        0001287750
Form:       8-K
Filed at:   2026-02-27T23:59:59+00:00
Accession:  0001287750-26-000009
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287750/000128775026000009/0001287750-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287750/000128775026000009/arcc-20260225.htm
  HTML page:      https://secwatch.observer/filing/0001287750-26-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer