Ares Capital Corporation Notifies the Bank of New York Mellon to Redeem the $229,556,725 Aggregate Principal Amount of the Notes Outstanding at a Price of $25 Per Security
February 23, 2021 at 06:18 am EST
On February 23, 2021, Ares Capital Corporation notified The Bank of New York Mellon, the trustee (the Trustee") for the Company's 6.875% Senior Notes due 2047 (the Notes"), of the Company's election to redeem the $229,556,725 aggregate principal amount of the Notes outstanding at a price of $25 per security (equal to
100% of the principal amount of the Notes) plus accrued and unpaid interest on the Notes to, but excluding, the
date of redemption, and instructed the Trustee to provide notice of such redemption to the holders of the Notes
in accordance with the terms of the indenture governing the Notes. The Company expects the redemption to be
completed on March 25, 2021. Following the redemption, none of the Notes will remain outstanding.