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

Source: prnewswire.com

Credit & Bond MarketsCompany Fundamentals
ARES CAPITAL CORPORATION PRICES PUBLIC OFFERING OF $750 MILLION 6.250% UNSECURED NOTES DUE 2033

Ares Capital Corporation priced a $750 million underwritten public offering of 6.250% notes due 2033. The transaction provides long-term debt financing, with the coupon implying a fixed borrowing cost through maturity; the announcement does not disclose planned use of proceeds or expected financial impact.

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