secwatch.observer — SEC 8-K summary
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Issuer:     Ares Core Infrastructure Fund (—)
CIK:        0002031750
Form:       8-K
Filed at:   2026-05-04T23:59:59+00:00
Accession:  0001628280-26-029840
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ares Core Infrastructure Fund acquires Rover Pipeline subsidiaries, assumes ~$1.09B term loan debt
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- Fund acquired two wholly owned indirect subsidiaries (BCP Renaissance Parent and BCP Renaissance) that are borrowers under the Rover Credit Agreement.
- Senior secured term loan B facility has ~$1.09B outstanding as of March 31, 2026; interest is SOFR + 2.25% (1.00% floor) or Base Rate + 1.25% (2.00% floor).
- Quarterly principal payments of 0.25% of outstanding; final maturity October 31, 2031.
- Fund also executed interest rate swap with Morgan Stanley on $750M at fixed 3.7566% through June 30, 2026.
- Debt is secured by equity interests of subsidiary and 49.9% of ET Rover Pipeline LLC, and is non-recourse to Fund.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2031750/000162828026029840/0001628280-26-029840-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2031750/000162828026029840/aci-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-029840

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