{"schema_version":"secwatch.filing_event.v1","accession":"0002031750-26-000039","form_type":"8-K","ticker":null,"cik":"0002031750","company_name":"Ares Core Infrastructure Fund","filed_at":"2026-06-15T20:29:16+00:00","discovered_at":"2026-06-15T20:30:00.330642+00:00","generated_at":"2026-06-15T20:35:06.210192+00:00","sec_items":["1.01","1.02","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Ares Core Infrastructure Fund subsidiary enters $910M term loan to refinance existing debt","bullets":["ACI Rover Parent entered $910M senior secured first lien term loan B with Morgan Stanley, MUFG, Wells Fargo.","Proceeds used to repay ~$1.09B outstanding under prior credit agreement, which was terminated.","Loan bears interest at Term SOFR plus 2.25% per annum, with quarterly interest payments.","Interest rate swap fixes rate at 4.085% on 50% of borrowings, maturing June 9, 2033.","Credit agreement is non-recourse to upstream affiliates including the Fund; secured by Rover equity and assets."],"urls":{"canonical":"https://secwatch.observer/filing/0002031750-26-000039","json":"https://secwatch.observer/filing/0002031750-26-000039.json","markdown":"https://secwatch.observer/filing/0002031750-26-000039.md","text":"https://secwatch.observer/filing/0002031750-26-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2031750/000203175026000039/0002031750-26-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2031750/000203175026000039/aci-20260609.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T20:35:06.210192+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":"4bcc6a28d056a0e2409377c4daa28ca486612104","claim":"Ares Core Infrastructure Fund incurred term loan of $910.0 million with Morgan Stanley Senior Funding, Inc. at Term SOFR plus 2.25% per annum.","evidence_excerpt":"The Rover Credit Agreement is related to Rover Borrower’s existing investment in a portfolio investment of the Fund and includes a $910.0 million senior secured first lien term loan B credit facility (the “Rover Term Loan”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000203175026000039/0002031750-26-000039-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$910.0 million"},{"label":"Counterparty","value":"Morgan Stanley Senior Funding, Inc."},{"label":"Rate","value":"Term SOFR plus 2.25% per annum"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"3daadee65e904d779b748b5ac5cbf5dcd961f437","claim":"Ares Core Infrastructure Fund entered into Rover Credit Agreement with Morgan Stanley Senior Funding, Inc. as administrative agent, collateral agent, joint lead arranger and bookrunner, MUFG Bank, LTD. and Wells Fargo Securities, LLC as joint lead arrangers and bookrunners, and the other lenders party thereto from time to time valued at $910.0 million senior secured first lien term loan B credit facility (effective 2026-06-09).","evidence_excerpt":"On June 9, 2026 (the “Closing Date”), ACI Rover Parent, LLC (f/k/a BCP Renaissance Parent L.L.C.) as borrower (the “Rover Borrower”) ACI Rover, LLC (f/k/a BCP Renaissance, L.L.C.) as subsidiary guarantor (“Rover Borrower Subsidiary”), each a wholly-owned subsidiary of Ares Core Infrastructure Fund (the “Fund”), entered into a credit agreement (the “Rover Credit Agreement”) with Morgan Stanley Senior Funding, Inc. as administrative agent, collateral agent, joint lead arranger and bookrunner (“Morgan Stanley”), MUFG Bank, LTD. and Wells Fargo Securities, LLC as joint lead arrangers and bookrunners, and the other lenders party thereto from time to time.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000203175026000039/0002031750-26-000039-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Morgan Stanley Senior Funding, Inc. as administrative agent, collateral agent, joint lead arranger and bookrunner, MUFG Bank, LTD. and Wells Fargo Securities, LLC as joint lead arrangers and bookrunners, and the other lenders party thereto from time to time"},{"label":"Value","value":"$910.0 million senior secured first lien term loan B credit facility"},{"label":"Effective","value":"2026-06-09"}],"fact_type":"material_agreement"},{"claim_id":"632a85c1f8c4807e603a27b5726bbc50c7446366","claim":"Ares Core Infrastructure Fund terminated Initial Rover Credit Agreement with Jefferies Finance LLC, as administrative agent, the lenders from time to time party thereto, Morgan Stanley Senior Funding, Inc., as sole lead arranger and sole bookrunner and Blackstone Holdings Finance Co. L.L.C., as co-manager valued at Terminated, all outstanding loans repaid ($1.09 billion) (effective 2026-06-09).","evidence_excerpt":"Effective June 9, 2026, in conjunction with entering into the Rover Credit Agreement, the Credit Agreement dated as of October 31, 2017 among Rover Borrower as borrower, Rover Borrower Subsidiary as subsidiary guarantor, Jefferies Finance LLC, as administrative agent, the lenders from time to time party thereto, Morgan Stanley Senior Funding, Inc., as sole lead arranger and sole bookrunner and Blackstone Holdings Finance Co. L.L.C., as co-manager (as amended, the “Initial Rover Credit Agreement”) was terminated, all outstanding loans thereunder were repaid and all obligations thereunder released and terminated.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2031750/000203175026000039/0002031750-26-000039-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Jefferies Finance LLC, as administrative agent, the lenders from time to time party thereto, Morgan Stanley Senior Funding, Inc., as sole lead arranger and sole bookrunner and Blackstone Holdings Finance Co. L.L.C., as co-manager"},{"label":"Value","value":"Terminated, all outstanding loans repaid ($1.09 billion)"},{"label":"Effective","value":"2026-06-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}