Kirkland Advises Ares Capital in Connection with $750 Million Notes Offering

Kirkland & Ellis represented Ares Capital Corporation (Nasdaq: ARCC) in connection with its underwritten public offering of $750 million in aggregate principal amount of 3.250% notes due 2025. The notes will mature on July 15, 2025, and may be redeemed in whole or in part at ARCC’s option at any time at par plus a “make-whole” premium, if applicable. 

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The Kirkland team was led by transactional partners Monica Shilling and Christopher Wu, with assistance from associates Yoona Kim, Zach Glasser and Colleen Bazak; and tax partners Mike Beinus and Meredith Levy and associate Amanda Milhet.