ARES CAPITAL CORPORATION (NASDAQ:ARCC) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.

On March30, 2018, Ares Capital Corporation (the “Registrant”) amended and restated its senior secured credit facility, among the Registrant, the lenders party thereto, and JPMorgan Chase Bank, N.A., as the administrative agent (as amended and restated, the “A&R Credit Facility”). The A&R Credit Facility, among other things, (a)extends the expiration of the revolving period for $1.6billion of commitments of the lenders electing to extend their commitments from January4, 2021 to March30, 2022, during which period the Registrant, subject to certain conditions, may make borrowings under the facility, and (b)extends the stated maturity date for $1.6billion of commitments of the lenders electing to extend their revolving commitments from January4, 2022 to March30, 2023. With respect to lenders who elected not to extend their commitments, $45million of commitments have a revolving period expiration of May4, 2019 and a stated maturity date of May4, 2020 and $50million of commitments have a revolving period expiration of January4, 2021 and a stated maturity date of January4, 2022. This amendment primarily focuses on the extension of the maturity of the A&R Credit Facility and does not amend any of the covenants described below.

The total size of the A&R Credit Facility was increased by $25million to $2.1 billion following the amendment and restatement thereof, composed of a revolving loan tranche equal to $1.7 billion and a term loan tranche in an amount equal to $413.75 million. The A&R Credit Facility includes an “accordion” feature that allows the Registrant, under certain circumstances, to increase the size of the facility by an amount up to $1.0 billion.

The A&R Credit Facility continues to be secured by a material portion of the Registrant’s assets (excluding, among other things, investments held in and by certain subsidiaries of the Registrant or investments in certain portfolio companies of the Registrant) and guaranteed by certain subsidiaries of the Registrant.

Under the A&R Credit Facility, the Registrant has made certain representations and warranties and is required to comply with various covenants, reporting requirements and other customary requirements for similar credit facilities, including, without limitation, covenants related to: (a)limitations on the incurrence of additional indebtedness and liens, (b)limitations on certain investments, (c)limitations on certain asset transfers and restricted payments, (d)maintaining a certain minimum stockholders’ equity, (e)maintaining a ratio of total assets (less total liabilities) to total indebtedness, of the Registrant and its subsidiaries (subject to certain exceptions), of not less than 2.0:1.0, and (f)limitations on the creation or existence of agreements that prohibit liens on certain properties of the Registrant and certain of its subsidiaries. The A&R Credit Facility also continues to include usual and customary events of default for senior secured credit facilities of this nature.

In addition to the asset coverage ratio described above, borrowings under the A&R Credit Facility (and the incurrence of certain other permitted debt) will continue to be subject to compliance with a borrowing base that will apply different advance rates to different types of assets in the Registrant’s portfolio.

Borrowings under the A&R Credit Facility will also continue to be subject to the leverage restrictions contained in the Investment Company Act of 1940, as amended.

The description above is only a summary of the material provisions of the A&R Credit Facility and is qualified in its entirety by reference to a copy of the A&R Credit Facility, which is filed as Exhibit10.1 to this current report on Form8-K and incorporated by reference herein.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of Registrant.

The information contained in Item 1.01 to this current report on Form8-K is by this reference incorporated in this Item 2.03.

Item 9.01 Financial Statements and Exhibits.

(d)Exhibits: