UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported) April 15, 2013
ARES CAPITAL CORPORATION
(Exact Name of Registrant as Specified in Charter)
|
Maryland |
|
814-00663 |
|
33-1089684 |
|
(State or Other Jurisdiction |
|
(Commission |
|
(IRS Employer |
|
245 Park Avenue, 44th Floor, New York, NY |
|
10167 |
|
(Address of Principal Executive Offices) |
|
(Zip Code) |
Registrant’s telephone number, including area code (212) 750-7300
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
On April 15, 2013, Ares Capital Corporation (the “Registrant”) sold 2,497,500 shares of its common stock to Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and UBS Securities LLC (the “Underwriters”) pursuant to the Underwriters’ exercise in full of an option to purchase additional shares of the Registrant’s common stock. The Registrant granted this option to the Underwriters in connection with its public offering of 16,650,000 shares of common stock, which was completed on April 8, 2013.
The Registrant raised approximately $43.5 million in net proceeds from the sale of these additional shares of its common stock, which brought the total net proceeds of the offering to approximately $333.2 million after deducting underwriting discounts and commissions and estimated offering expenses. The Registrant expects to use the net proceeds of this offering to repay certain outstanding indebtedness under its debt facilities and, to the extent not used for such purpose, for general corporate purposes, which may include investing in portfolio companies in accordance with its investment objective.
The information disclosed under this Item 7.01 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
ARES CAPITAL CORPORATION | |
|
|
| |
|
Date: April 15, 2013 |
| |
|
|
| |
|
|
By: |
/s/ Penni F. Roll |
|
|
Name: |
Penni F. Roll |
|
|
Title: |
Chief Financial Officer |