---
schema_version: "secwatch.filing_event.v1"
accession: "0002031750-25-000028"
form_type: "8-K"
ticker: null
cik: "0002031750"
company_name: "Ares Core Infrastructure Fund"
filed_at: "2025-10-07T23:59:59+00:00"
generated_at: "2026-05-17T04:30:57.709471+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ares Core Infrastructure Fund enters $542M credit facility and raises $182M in equity

## Summary
- Pioneer Credit Agreement: $542.2M delayed draw term loan, $226M drawn at closing (Oct 3, 2025); interest at SOFR+1.50% stepping to 1.625% after 3 years.
- Secured by equity interests in borrower and portfolio investment; non-recourse to Ares Core Infrastructure Fund.
- Unregistered sale of Class I and Class S common shares for aggregate $182.2M; price based on Sept 30 NAV.
- Entered interest rate swaps to fix 75% of Pioneer borrowings at 3.875% and 3.884%; mandatory termination Oct 3, 2030.

## SEC filing metadata
- accession: 0002031750-25-000028
- form_type: 8-K
- cik: 0002031750
- company_name: Ares Core Infrastructure Fund
- filed_at: 2025-10-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2031750/000203175025000028/0002031750-25-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2031750/000203175025000028/aci-20251001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002031750-25-000028
- JSON: https://secwatch.observer/filing/0002031750-25-000028.json
- Plain text: https://secwatch.observer/filing/0002031750-25-000028.txt

## Key facts
- Debt Financings
  Ares Core Infrastructure Fund incurred credit facility of $542.2 million delayed draw term loan facility and $23.5 million DSR LC facility with Natixis, New York Branch (as administrative agent) at daily compounded SOFR plus 1.50% per annum.
  - Instrument: credit facility
  - Principal: $542.2 million delayed draw term loan facility and $23.5 million DSR LC facility
  - Counterparty: Natixis, New York Branch (as administrative agent)
  - Rate: daily compounded SOFR plus 1.50% per annum
  - Event: incurrence
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2031750/000203175025000028/0002031750-25-000028-index.htm

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