On January 9, 2023, Ares Capital Corporation and ARCC FB Funding LLC, a wholly owned subsidiary of the Company, amended the document governing its revolving funding facility by entering into a Fourth Amendment to the Revolving Credit and Security Agreement. The Amendment among other things increased the commitments under the facility by $200 million, from $300 million to $500 million and adjusted the interest rate charged on the BNP Funding Facility from an applicable LIBOR or a "base rate" plus a margin of 1.80% during the reinvestment period and 2.30% following the reinvestment period to an applicable SOFR or a "base rate" plus a margin of 2.30% during the reinvestment period and 2.80% following the reinvestment period. The other terms of the BNP Funding Facility remained materially unchanged.