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Freshfields advises on Ares Capital Corporation’s Notes offering

Freshfields advised the underwriters on Ares Capital Corporation’s offering of $500 million aggregate principal amount of 2.875% Notes due 2027. The underwriters were led by BofA Securities, J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC. Ares Capital is the largest public US business development company by market capitalization, with approximately $19.2 billion of total assets as of September 30, 2021.

The Freshfields capital markets team consisted of partner and global co-head of capital markets Valerie Ford Jacob, partner Michael Levitt, counsel Jeremy Barr, senior associate Tracy Zhang and law clerks Fatima Anjum and Yunah Ko. Tax advice was provided by partner Robert Scarborough and senior associate David Mitchell.

ENDS

Freshfields Bruckhaus Deringer

Freshfields Bruckhaus Deringer LLP is a global elite law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on groundbreaking and business-critical mandates. Our 2,800-plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multinational expertise, and business know-how means our clients rely on us when it matters most.

Freshfields is ranked by Chambers Global in Band 1 across the six areas of antitrust, corporate/M&A, litigation, international arbitration, tax, and public international law. For more information visit Freshfields.us.

This material is for general information only and is not intended to provide legal advice. Prior results do not guarantee a similar outcome.