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ARES CAPITAL CORPORATION PRICES PUBLIC OFFERING OF $750 MILLION 6.250% UNSECURED NOTES DUE 2033

ARCC
  • Ares Capital Corporation priced an underwritten public offering of $750 million in 6.250% notes due September 15, 2033.
  • The notes are redeemable at Ares Capital's option at par plus a make-whole premium if applicable.
  • BofA Securities, Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, Barclays Capital Inc., CIBC World Markets Corp., Mizuho Securities USA LLC, MUFG Securities Americas Inc., TD Securities (USA) LLC, Truist Securities, Inc., U.S. Bancorp Investments, Inc., BNP Paribas Securities Corp., Capital One Securities, Inc., HSBC Securities (USA) Inc., Morgan Stanley & Co. LLC, Regions Securities LLC, SG Americas Securities, LLC, BNY Mellon Capital Markets, LLC, Credit Agricole Securities (USA) Inc., Goldman Sachs & Co. LLC, ICBC Standard Bank Plc, Natixis Securities Americas LLC, Ares Management Capital Markets LLC, Deutsche Bank Securities Inc., ING Financial Markets LLC, R. Seelaus & Co., LLC, Academy Securities, Inc., Citigroup Global Markets Inc., Keefe, Bruyette & Woods, Inc., Loop Capital Markets LLC, Samuel A. Ramirez & Company, Inc., Siebert Williams Shank & Co., LLC, BofA Securities, Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, BNP Paribas Securities Corp., Capital One Securities, Inc., HSBC Securities (USA) Inc., Morgan Stanley & Co. LLC, Regions Securities LLC, SG Americas Securities, LLC, BNY Mellon Capital Markets, LLC, Credit Agricole Securities (USA) Inc., Goldman Sachs & Co. LLC, ICBC Standard Bank Plc, Natixis Securities Americas LLC, Ares Management Capital Markets LLC, Deutsche Bank Securities Inc., ING Financial Markets LLC, R. Seelaus & Co., LLC, Academy Securities, Inc., Citigroup Global Markets Inc., Keefe, Bruyette & Woods, Inc., Loop Capital Markets LLC, Samuel A. Ramirez & Company, Inc., Siebert Williams Shank & Co., LLC are acting as joint book-running managers, joint lead managers, or co-managers for the offering.
  • The offering is expected to close on September 15, 2026, subject to customary closing conditions.
  • Ares Capital intends to use net proceeds to repay certain outstanding indebtedness under its debt facilities.
  • Ares Capital may reborrow under its debt facilities for general corporate purposes, including investing in portfolio companies.
  • Ares Capital is a leading specialty finance company focused on direct loans to private middle market companies in the United States.
  • Ares Capital is regulated as a business development company (BDC) & was the largest publicly traded BDC by market capitalization as of June 30, 2026.
  • Ares Capital is externally managed by a subsidiary of Ares Management Corporation (NYSE: ARES).
  • Investors are advised to review the pricing term sheet, preliminary prospectus supplement, & accompanying prospectus filed with the SEC before investing.