{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-037214","form_type":"8-K","ticker":null,"cik":"0002031750","company_name":"Ares Core Infrastructure Fund","filed_at":"2025-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.871179+00:00","generated_at":"2026-05-17T21:57:58.716099+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Ares Core Infrastructure Fund subsidiary obtains $334.75M delayed draw term loan; $184.75M drawn","bullets":["ACI Tango Member, LLC entered $334.75M delayed draw term loan with CIBC as admin agent; $184.75M drawn on July 28, 2025.","Interest rate: SOFR + 1.50% (or Base Rate + 0.50%), step-up of 0.125% after 3 years; commitment fee 0.50% on undrawn.","Also entered $18.8M debt service reserve LC facility; LC fee 1.50% p.a. with step-up.","Entered interest rate swaps fixing 75% of borrowings at all-in fixed rate of 4.158% through July 28, 2030.","Loan secured by first-priority pledge on borrower equity and assets; non-recourse to upstream affiliates except pledge."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-037214","json":"https://secwatch.observer/filing/0001628280-25-037214.json","markdown":"https://secwatch.observer/filing/0001628280-25-037214.md","text":"https://secwatch.observer/filing/0001628280-25-037214.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2031750/000162828025037214/0001628280-25-037214-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2031750/000162828025037214/aci-20250728.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T21:57:58.716099+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f909f2e830e642bb235063088019daa540a677cc","claim":"Ares Core Infrastructure Fund incurred credit facility of $334.75 million delayed draw term loan, of which $184.75 million was drawn with Canadian Imperial Bank of Commerce, New York Branch, as Administrative Agent at SOFR plus 1.50% maturing July 28, 2030.","evidence_excerpt":"”), ACI Tango Member, LLC, as borrower (the “Borrower”), and ACI Tango Holdings, LLC, as pledgor (the “Pledgor”), each a wholly-owned subsidiary of Ares Core Infrastructure Fund (the “Fund”), entered into a Credit Agreement (the “Tango Credit Agreement”) with Canadian Imperial Bank of Commerce, New York Branch, as Administrative Agent (“CIBC”), U.S.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000162828025037214/0001628280-25-037214-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$334.75 million delayed draw term loan, of which $184.75 million was drawn"},{"label":"Counterparty","value":"Canadian Imperial Bank of Commerce, New York Branch, as Administrative Agent"},{"label":"Rate","value":"SOFR plus 1.50%"},{"label":"Maturity","value":"July 28, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}