Ares Capital upsizes BNP revolver to $865 million

By Wendy Van Sickle

Columbus, Ohio, Dec. 19 – Ares Capital Corp. entered into a sixth amendment to its revolving credit agreement with BNP Paribas as administrative agent on Dec. 14 to increase commitments to $865 million from $790 million, according to an 8-K filing with the Securities and Exchange Commission.

The amendment also modified certain concentration limitations and the eligible loan criteria.

Ares is a New York specialty finance company.

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