Ares Capital Corporation Announces Private Offering of Unsecured Convertible Senior Notes

Ares Capital Corporation

announced that it plans to make a private offering of $150 million aggregate principal amount of its Convertible Senior Notes due 2017. Ares Capital also plans to grant the initial purchasers an option to purchase up to an additional $22.5 million principal amount of the Convertible Senior Notes to cover overallotments, if any. The Convertible Senior Notes will be offered only to qualified institutional buyers (as defined in the Securities Act of 1933, as amended pursuant to Rule 144A under the Securities Act.