Ares Core Infrastructure Fund: debt financing — Ares Core Infrastructure Fund enters $542M credit facility and raises $182M in equity

On October 3, 2025 (the “Closing Date”), ACI Pioneer Member, LLC as borrower (the “Borrower”) and ACI Pioneer Holdings, LLC as pledgor (the “Pledgor”), each a wholly-owned subsidiary of Ares Core Infrastructure Fund (the “Fund”), entered into a credit agreement (the “Pioneer Credit Agreement”) with Natixis, New York Branch as administrative agent and collateral agent (“Natixis”), Société Générale as coordinating lead arranger and bookrunner (together with Natixis in the same roles), and the other lenders party thereto from time to time. The Pioneer Credit Agreement is related to Borrower’s investment in a portfolio investment of the Fund and includes a $542.2 million delayed draw term loan facility (the “Pioneer Term Loan”), of which $226.0 million was drawn as of the Closing Date, and a $23.5 million debt service reserve letter of credit facility (the “DSR LC Facility”).

On October 1, 2025, the Fund agreed to sell Class I common shares of beneficial interest (“Class I Common Shares”) and Class S common shares of beneficial interest (“Class S Common Shares” and, together with the Class I Common Shares, the “Common Shares”) for an aggregate purchase price of $182.2 million.