Ares Capital plans to price offering of senior notes

By Marisa Wong

Los Angeles, Jan. 6 – Ares Capital Corp. plans to price senior notes, according to a 424B2 filing with the Securities and Exchange Commission.

BofA Securities, Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC are the bookrunners.

The notes will be callable.

Proceeds will be used to repay outstanding debt under the company’s revolving credit facility.

Ares is a specialty finance company based in New York.

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