secwatch.observer — SEC 8-K summary
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Issuer:     Ares Core Infrastructure Fund (—)
CIK:        0002031750
Form:       8-K
Filed at:   2025-08-01T23:59:59+00:00
Accession:  0001628280-25-037214
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2031750/000162828025037214/0001628280-25-037214-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2031750/000162828025037214/aci-20250728.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-037214

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