Ares Capital Prices $750M 5.25% Notes Due 2031 and Schedules Feb 4 Earnings

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Ares Capital scheduled Q4 and FY’25 earnings release for February 4, 2026 before the Nasdaq open, with a 12:00 p.m. webcast conference call. It also priced $750 million of 5.250% unsecured notes maturing April 12, 2031, redeemable at par plus a make-whole premium.

1. Ares Capital Schedules Q4 and Full-Year 2025 Earnings Release

Ares Capital Corporation will report its fourth-quarter and fiscal year 2025 results on Wednesday, February 4, 2026, before the opening of the Nasdaq Global Select Market. Management will host a live webcast and conference call at 12:00 p.m. ET, during which it will provide detailed breakdowns of portfolio performance, realized and unrealized gains, credit quality trends and leverage ratios. Investors can expect commentary on net investment income, fee-related earnings and the dividend coverage ratio, as well as guidance for capital deployment in the coming quarters. The company’s diversified portfolio of 587 investments across 35 industries, representing $28.7 billion in total assets, will be a focal point for assessing risk and income sustainability.

2. Pricing of $750 Million 5.250% Notes Due 2031

On January 6, 2026, Ares Capital announced the successful pricing of an underwritten public offering of $750 million aggregate principal amount of 5.250% unsecured notes due April 12, 2031. The notes carry no collateral and rank pari passu with existing unsecured debt. At Ares Capital’s option, they may be redeemed in whole or in part prior to maturity at par plus a make-whole premium. Proceeds from the issuance will be used to refinance existing borrowings and to fund new investments. The transaction was led by BofA Securities, J.P. Morgan Securities, RBC Capital Markets, SMBC Nikko Securities America and Wells Fargo Securities, highlighting strong demand from fixed-income investors seeking high current yield in the business development company sector.

Sources

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