Ares Capital calls all $230 million 6.875% $25-par notes due 2047

By Rebecca Melvin

New York, Feb. 23 – Ares Capital Corp. issued a notice of redemption for all $229,556,725 of its outstanding 6.875% senior notes due 2047.

The $25-par notes will be redeemed at par plus accrued interest on March 25, according to an 8-K filing with the Securities and Exchange Commission.

The Bank of New York Mellon is the trustee.

Ares Capital is a specialty finance company based in New York City.

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