secwatch.observer — SEC 8-K summary
======================================

Issuer:     Ares Core Infrastructure Fund (—)
CIK:        0002031750
Form:       8-K
Filed at:   2025-03-19T23:59:59+00:00
Accession:  0001628280-25-013805
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ares Core Infrastructure subsidiary enters $228.1M credit agreement for 49% renewable energy stake
--------------------------------------------------------------------------------

- $228.1M delayed draw term loan with $50M initial draw; $15.6M debt service reserve LC facility.
- Interest of SOFR + 1.75% (step-up to 1.875% after 3 years); mandatory maturity March 2030.
- Loan secured by borrower's equity and assets; non-recourse to Ares Core Infrastructure Fund.
- Proceeds fund 49% acquisition of Aspen Renewables from ENGIE entities.
- Interest rate swaps fix 75% of floating exposure at ~4.0585% through March 2030.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2031750/000162828025013805/0001628280-25-013805-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2031750/000162828025013805/aci-20250314.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-013805

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