---
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"
generated_at: "2026-05-17T21:57:58.716099+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ares Core Infrastructure Fund subsidiary obtains $334.75M delayed draw term loan; $184.75M drawn

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-25-037214
- form_type: 8-K
- cik: 0002031750
- company_name: Ares Core Infrastructure Fund
- filed_at: 2025-08-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-037214
- JSON: https://secwatch.observer/filing/0001628280-25-037214.json
- Plain text: https://secwatch.observer/filing/0001628280-25-037214.txt

## Key facts
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: $334.75 million delayed draw term loan, of which $184.75 million was drawn
  - Counterparty: Canadian Imperial Bank of Commerce, New York Branch, as Administrative Agent
  - Rate: SOFR plus 1.50%
  - Maturity: July 28, 2030
  - Event: incurrence
  source text: ”), 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_url: https://www.sec.gov/Archives/edgar/data/2031750/000162828025037214/0001628280-25-037214-index.htm

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