Articles from Ares Capital Corporation

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a first quarter 2025 dividend of $0.48 per share. The first quarter 2025 dividend is payable on March 31, 2025 to stockholders of record as of March 14, 2025.

Ares Capital Corporation (NASDAQARCC) (“Ares Capital” or the “Company”) announced today that Co-President Kort Schnabel has been appointed as Chief Executive Officer of the Company, effective April 30, 2025. Concurrently, Kipp deVeer will be stepping down as CEO and will remain a member of the Board of Directors. Mr. deVeer will also continue to serve as a member of the Investment Committee of Ares Capital’s investment adviser. Jim Miller, who was appointed Co-President of Ares Capital in October 2024, will continue as the Company’s sole President.

Ares Capital Corporation (“Ares Capital” or the “Company”) (NASDAQARCC) announced today the tax treatment of the Company’s 2024 common stock distributions (CUSIP #: 04010L103).

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $1 billion in aggregate principal amount of 5.800% notes due 2032. The notes will mature on March 8, 2032 and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that James (“Jim”) R. Miller was appointed as Co-President to serve alongside current Co-President, Kort Schnabel. Concurrently, Ares Capital’s Board of Directors was expanded by one member. Mitchell (“Mitch”) Goldstein joined Ares Capital’s Board of Directors, and Mitch Goldstein and Michael L. Smith have been appointed to serve as Co-Chairmen of Ares Capital’s Board of Directors. Michael Arougheti will cease to serve as Chairman of Ares Capital’s Board of Directors but will continue to serve as a Director. Kipp deVeer will continue in his role as a Director and Chief Executive Officer.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a fourth quarter 2024 dividend of $0.48 per share. The fourth quarter 2024 dividend is payable on December 30, 2024 to stockholders of record as of December 13, 2024.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that it will report earnings for the third quarter ended September 30, 2024 on Wednesday, October 30, 2024 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 12:00 p.m. (Eastern Time) on the same day to discuss its third quarter ended September 30, 2024 financial results.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a third quarter 2024 dividend of $0.48 per share. The third quarter 2024 dividend is payable on September 30, 2024 to stockholders of record as of September 13, 2024.

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $850 million in aggregate principal amount of 5.950% notes due 2029. The notes will mature on July 15, 2029, and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a second quarter 2024 dividend of $0.48 per share. The second quarter 2024 dividend is payable on June 28, 2024 to stockholders of record as of June 14, 2024.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a first quarter 2024 dividend of $0.48 per share. The first quarter 2024 dividend is payable on March 29, 2024 to stockholders of record as of March 15, 2024.

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $1.00 billion in aggregate principal amount of 5.875% notes due 2029. The notes will mature on March 1, 2029, and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that Ares Capital’s Chief Accounting Officer, Vice President and Treasurer, Scott Lem, has been appointed as its new Chief Financial Officer, effective February 15, 2024. Mr. Lem succeeds Penni Roll, who plans to step down as Ares Capital’s Chief Financial Officer, effective the same date. Ms. Roll, who also serves as the Chief Financial Officer of Ares Management Corporation’s (“Ares”) Credit Group, will remain an officer of Ares Capital and at Ares in a senior leadership capacity.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a fourth quarter 2023 dividend of $0.48 per share. The fourth quarter 2023 dividend is payable on December 28, 2023 to stockholders of record as of December 15, 2023.

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $600 million in aggregate principal amount of 7.000% notes due 2027. The notes will mature on January 15, 2027 and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a third quarter 2023 dividend of $0.48 per share. The third quarter 2023 dividend is payable on September 29, 2023 to stockholders of record as of September 15, 2023.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that it will report earnings for the second quarter ended June 30, 2023 on Tuesday, July 25, 2023 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 11:00 a.m. (Eastern Time) on the same day to discuss its second quarter ended June 30, 2023 financial results.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a second quarter 2023 dividend of $0.48 per share. The second quarter 2023 dividend is payable on June 30, 2023 to stockholders of record as of June 15, 2023.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that it will report earnings for the first quarter ended March 31, 2023 on Tuesday, April 25, 2023 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 11:00 a.m. (Eastern Time) on the same day to discuss its first quarter ended March 31, 2023 financial results.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that Kort Schnabel, Ares Capital’s Co-President, and Penni Roll, Ares Capital’s Chief Financial Officer, are scheduled to present at the Raymond James 44th Annual Institutional Investors Conference on Tuesday, March 7, 2023 at 10:25am ET.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that Kort Schnabel, Ares Capital’s Co-President, is scheduled to present at the 2023 RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 8, 2023 at 2:40pm ET.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that Kipp deVeer, Ares Capital’s Chief Executive Officer, is scheduled to present at the BofA Securities 2023 Financial Services Conference on Wednesday, February 15, 2023 at 3:20pm ET.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a first quarter 2023 dividend of $0.48 per share. The first quarter 2023 dividend is payable on March 31, 2023 to stockholders of record as of March 15, 2023.

Ares Capital Corporation (“Ares Capital” or the “Company”) (NASDAQARCC) announced today the tax treatment of the Company’s 2022 common stock distributions (CUSIP #: 04010L103).

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that Jana Markowicz was appointed as its Chief Operating Officer (COO). In this newly created role, Ms. Markowicz will also serve as COO of Ares Management’s (“Ares”) U.S. Direct Lending strategy where she will collaborate with the U.S. Direct Lending Co-Heads and Investment Committee members in the management of the team and strategy.

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced a public offering of 10,500,000 shares of its common stock. The offering was upsized from its previously announced offering size of 9,000,000 shares. Ares Capital has granted the underwriters an option to purchase up to an additional 1,575,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on January 18, 2023. The offering of the shares is being made under Ares Capital’s shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. On January 12, 2023, the official close price of Ares Capital’s common stock on The NASDAQ Global Select Market under the symbol “ARCC” was $19.61 per share.

Ares Capital Corporation (Nasdaq: ARCC) announced that it plans to make a public offering of 9,000,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 1,350,000 shares of common stock. The offering of the shares will be made under Ares Capital’s shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that it will report earnings for the fourth quarter and fiscal year ended December 31, 2022 on Tuesday, February 7, 2023 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 12:00 p.m. (Eastern Time) on the same day to discuss its fourth quarter and fiscal year ended December 31, 2022 financial results.

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced a public offering of 8,000,000 shares of its common stock. Ares Capital has granted the underwriters an option to purchase up to an additional 1,200,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on November 10, 2022. The offering of the shares is being made under Ares Capital’s shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. On November 7, 2022, the official close price of Ares Capital’s common stock on The NASDAQ Global Select Market under the symbol “ARCC” was $19.73 per share.

Ares Capital Corporation (Nasdaq: ARCC) announced that it plans to make a public offering of 8,000,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 1,200,000 shares of common stock. The offering of the shares will be made under Ares Capital’s shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that Kort Schnabel was appointed as Co-President. Concurrently, Michael Smith stepped down as Co-President and has been appointed to the Ares Capital Board of Directors. Mr. Smith will continue to serve as a member of the Investment Committee of Ares Capital’s investment manager. Mitchell Goldstein will continue in his role as Co-President of Ares Capital alongside Mr. Schnabel.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a fourth quarter dividend of $0.48 per share. The fourth quarter dividend is payable on December 29, 2022 to stockholders of record as of December 15, 2022. The Board of Directors previously declared on February 9, 2022 an additional dividend of $0.03 per share, subject to the satisfaction of certain Maryland law requirements, payable on December 29, 2022 to stockholders of record as of December 15, 2022.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that it will report earnings for the third quarter ended September 30, 2022 on Tuesday, October 25, 2022 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 10:00 a.m. (Eastern Time) on the same day to discuss its third quarter ended September 30, 2022 financial results.

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced a public offering of 8,000,000 shares of its common stock. Ares Capital has granted the underwriters an option to purchase up to an additional 1,200,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on August 2, 2022. The offering of the shares is being made under Ares Capital’s shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. On July 28, 2022, the official close price of Ares Capital’s common stock on The NASDAQ Global Select Market under the symbol “ARCC” was $20.11 per share.

Ares Capital Corporation (Nasdaq: ARCC) announced that it plans to make a public offering of 8,000,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 1,200,000 shares of common stock. The offering of the shares will be made under Ares Capital’s shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a third quarter dividend of $0.43 per share. The third quarter dividend is payable on September 30, 2022 to stockholders of record as of September 15, 2022. The Board of Directors previously declared on February 9, 2022 an additional dividend of $0.03 per share, subject to the satisfaction of certain Maryland law requirements, payable on September 30, 2022 to stockholders of record as of September 15, 2022.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that it will report earnings for the second quarter ended June 30, 2022 on Tuesday, July 26, 2022 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 12:00 p.m. (Eastern Time) on the same day to discuss its second quarter ended June 30, 2022 financial results.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a second quarter dividend of $0.42 per share. The second quarter dividend is payable on June 30, 2022 to stockholders of record as of June 15, 2022. The Board of Directors previously declared on February 9, 2022 an additional dividend of $0.03, subject to the satisfaction of certain Maryland law requirements, payable on June 30, 2022 to stockholders of record as of June 15, 2022.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that it has increased commitments under its Revolving Credit Facility (the “Facility”) to approximately $4.8 billion and extended the final maturity date to March 31, 2027. The Facility is led by JP Morgan, Bank of America, Truist, MUFG Bank, Sumitomo Mitsui Banking Corporation and Wells Fargo and includes a total of 39 lenders. As part of this amendment, certain currency reference rates used to determine the borrowing interest rate were updated, including replacing the LIBOR rate with Term SOFR plus an applicable credit spread adjustment. Pricing and advance rates are otherwise unchanged on the Facility.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that it will report earnings for the first quarter ended March 31, 2022 on Tuesday, April 26, 2022 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 10:00 a.m. (Eastern Time) on the same day to discuss its first quarter ended March 31, 2022 financial results.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a first quarter dividend of $0.42 per share. The first quarter dividend is payable on March 31, 2022 to stockholders of record as of March 15, 2022. The Board of Directors has also declared additional dividends totaling $0.12 per share for 2022, to be distributed in four consecutive quarterly payments of $0.03 per share per quarter. The first additional dividend is also payable on March 31, 2022 to stockholders of record as of March 15, 2022.

Ares Capital Corporation (“Ares Capital” or the “Company”) (NASDAQARCC) announced today the tax treatment of the Company’s 2021 common stock distributions (CUSIP #: 04010L103).

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced a public offering of 10,000,000 shares of its common stock. Ares Capital has granted the underwriters an option to purchase up to an additional 1,500,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on January 18, 2022. The offering of the shares is being made under Ares Capital’s shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. On January 12, 2022, the official close price of Ares Capital’s common stock on The NASDAQ Global Select Market under the symbol “ARCC” was $22.05 per share.

Ares Capital Corporation (Nasdaq: ARCC) announced that it plans to make a public offering of 10,000,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 1,500,000 shares of common stock. The offering of the shares will be made under Ares Capital’s shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing.

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $500 million in aggregate principal amount of 2.875% notes due 2027. The notes will mature on June 15, 2027 and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that it will report earnings for the fourth quarter and fiscal year ended December 31, 2021 on Wednesday, February 9, 2022 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 11:00 a.m. (Eastern Time) on the same day to discuss its fourth quarter and fiscal year ended December 31, 2021 financial results.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that Penni Roll, Ares Capital’s Chief Financial Officer, is scheduled to present in person at the Fitch Ratings BDC Conference on Tuesday, November 16, 2021 at 3:00 pm EDT.

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $700.0 million in aggregate principal amount of 3.200% notes due 2031. The notes will mature on November 15, 2031 and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a fourth quarter dividend of $0.41 per share. The fourth quarter dividend is payable on December 30, 2021 to stockholders of record as of December 15, 2021.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that it will report earnings for the third quarter ended September 30, 2021 on Tuesday, October 26, 2021 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 12:00 p.m. (Eastern Time) on the same day to discuss its third quarter ended September 30, 2021 financial results.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that Kipp deVeer, Ares Capital’s Chief Executive Officer, is scheduled to present at the Barclays Virtual Global Financial Services Conference on Tuesday, September 14, 2021 at 11:15 am EDT.

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced a public offering of 12,500,000 shares of its common stock. Ares Capital has granted the underwriters an option to purchase up to an additional 1,875,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on August 2, 2021. The offering of the shares is being made under Ares Capital’s shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. On July 28, 2021, the official close price of Ares Capital’s common stock on The NASDAQ Global Select Market under the symbol “ARCC” was $20.38 per share.

Ares Capital Corporation (Nasdaq: ARCC) announced that it plans to make a public offering of 12,500,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 1,875,000 shares of common stock. The offering of the shares will be made under Ares Capital’s shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a third quarter dividend of $0.41 per share, an increase of $0.01 per share over the prior quarter dividend. The third quarter dividend is payable on September 30, 2021 to stockholders of record as of September 15, 2021.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that it will report earnings for the second quarter ended June 30, 2021 on Wednesday, July 28, 2021 prior to the opening of the Nasdaq Global Select Market. Ares Capital invites all interested persons to attend its webcast/conference call at 12:00 p.m. (Eastern Time) on the same day to discuss its second quarter ended June 30, 2021 financial results.

Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $850 million in aggregate principal amount of 2.875% notes due 2028. The notes will mature on June 15, 2028 and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced today that Michael Smith, Ares Capital’s Co-President, is scheduled to present at the Deutsche Bank 11th Annual Financial Services Conference on Tuesday, June 1, 2021 at 12:40pm EDT.

Ares Capital Corporation (“Ares Capital”) (NASDAQARCC) announced that its Board of Directors has declared a second quarter dividend of $0.40 per share. The second quarter dividend is payable on June 30, 2021 to stockholders of record as of June 15, 2021.