Ares Capital ups bank-led revolving credit facility commitment to about $5.5 billion, extends maturity to May 2031
Ares Capital
Ares Capital ARCC | 0.00 |
- Ares Capital amended its bank-led revolving credit facility, lifting commitments by about $170 million to about $5.5 billion.
- Funded borrowing costs fell 0.10% per year following removal of the SOFR credit spread adjustment.
- Final maturity was extended to May 2031 for substantially all of the facility.
- An uncommitted accordion was expanded to allow up to about $2.7 billion of additional commitments under certain circumstances.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ares Capital Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260526817623) on May 26, 2026, and is solely responsible for the information contained therein.
