{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-041366","form_type":"8-K","ticker":"ARCC","cik":"0001287750","company_name":"ARES CAPITAL CORP","filed_at":"2026-06-06T00:52:40+00:00","discovered_at":"2026-06-08T10:05:00.246045+00:00","generated_at":"2026-06-08T10:07:09.152172+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 Capital establishes $1B commercial paper program for short-term unsecured debt","bullets":["Program allows up to $1B aggregate principal of short-term notes outstanding at any time.","Notes will rank pari passu with other senior unsecured debt; maturities up to 397 days.","Company expects cost benefits vs. other funding; $5.5B revolving credit facility as liquidity backstop.","No notes issued as of June 4, 2026; proceeds for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-041366","json":"https://secwatch.observer/filing/0001628280-26-041366.json","markdown":"https://secwatch.observer/filing/0001628280-26-041366.md","text":"https://secwatch.observer/filing/0001628280-26-041366.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1287750/000162828026041366/0001628280-26-041366-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1287750/000162828026041366/arcc-20260604.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T10:07:09.152172+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":"42f1c63eb95ac3730acc58314e395b40b7cb7d31","claim":"ARES CAPITAL CORP entered into Program valued at $1 billion (effective 2026-06-04).","evidence_excerpt":"On June 4, 2026, Ares Capital Corporation (the “Company”) established a commercial paper program (the “Program”) pursuant to which it may issue short-term unsecured commercial paper notes (the “Notes”) in reliance on a private placement exemption from registration under the Securities Act of 1933, as amended (the “Securities Act”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1287750/000162828026041366/0001628280-26-041366-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Value","value":"$1 billion"},{"label":"Effective","value":"2026-06-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}