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Ares Capital Issues $650M Notes for Debt Repayment

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Ares Capital Issues $650M Notes for Debt Repayment

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

On September 9, 2025, Ares Capital Corporation entered into a Fourth Supplemental Indenture with U.S. Bank Trust Company to issue $650 million in 5.100% notes due 2031. The proceeds from this issuance are intended to repay existing debt, with the potential for reborrowing for general corporate purposes, including investments in portfolio companies. The transaction also involved a forward-starting interest rate swap to transition from a fixed to a floating interest rate, effective from July 15, 2026.

The most recent analyst rating on (ARCC) stock is a Buy with a $25.00 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’s overall stock score reflects strong valuation and positive earnings call insights, tempered by technical analysis indicating potential weakness and financial performance concerns related to cash flow and revenue growth.

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

More about Ares Capital

Average Trading Volume: 3,623,159

Technical Sentiment Signal: Strong Buy

Current Market Cap: $15.83B

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

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