On March 20, 2025, Ares Capital Corporation (the Registrant) and ARCC FB Funding LLC, a wholly owned subsidiary of the Registrant (AFB LLC), entered a Ninth Amendment (the BNP Funding Facility Amendment") to the Revolving Credit and Security Agreement, dated June 11, 2020, as amended (the BNP Funding Facility"), with BNP Paribas and each of the other parties thereto. The BNP Funding Facility Amendment, among other things, (a) extended the end of the reinvestment period from July 26, 2027 to March 20, 2028; (b) extended the stated maturity date from July 26, 2029 to March 20, 2030 and (c) adjusted the interest rate charged on the BNP Funding Facility from an applicable Secured Overnight Financing Rate (SOFR") or a base rate" plus a margin of (i) 2.10% during the reinvestment period and (ii) 2.60% following the reinvestment period to an applicable SOFR or a base rate" (as defined in the documents governing the BNP Funding Facility) plus a margin of (i) 1.90% during the reinvestment period and (ii) 2.40% following the reinvestment period. The other terms of the BNP Funding Facility remained materially unchanged.