Ares Capital Completes $750M Note Issuance

Ares Capital ( (ARCC) ) has issued an announcement.

On June 3, 2025, Ares Capital Corporation completed a transaction involving the issuance and sale of $750 million in 5.500% notes due 2030, under a Third Supplemental Indenture with U.S. Bank Trust Company. The proceeds from this offering are intended to repay certain outstanding debts, with the potential for reborrowing for general corporate purposes. The company also entered into an interest rate swap agreement to convert the fixed interest rate to a floating rate, enhancing its financial flexibility. This strategic financial maneuver aims to strengthen Ares Capital’s operational capacity and investment potential, while adhering to regulatory covenants and maintaining its market position.

The most recent analyst rating on (ARCC) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Ares Capital stock, see the ARCC Stock Forecast page.

Spark’s Take on ARCC Stock

According to Spark, TipRanks’ AI Analyst, ARCC is a Outperform.

Ares Capital exhibits strong financial stability and an attractive valuation, supported by a consistent dividend strategy. However, challenges with revenue growth, cash flow stability, and market momentum temper the outlook. The positive leadership transition and robust earnings guidance add confidence, but potential risks in the loan market warrant cautious optimism.

To see Spark’s full report on ARCC stock, click here.

More about Ares Capital

Ares Capital Corporation operates in the financial services industry, primarily focusing on providing capital solutions to middle-market companies. The company offers a range of financial products and services, including debt and equity financing, with a market focus on investing in portfolio companies in accordance with its investment objectives.

Average Trading Volume: 5,297,205

Technical Sentiment Signal: Strong Buy

Current Market Cap: $15.25B

Learn more about ARCC stock on TipRanks’ Stock Analysis page.