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JPMorgan Upsizes Ares Capital Facility to $2.1B

April 5, 2018

Ares Capital amended its senior secured credit facility, extending the expiration period of the $1.6 billion revolver and the maturity date of the loan to March 30, 2022 and increasing the size to $2.1 billion.

According to a related 8-K filing, JPMorgan served as administrative agent for the transaction. JPMorgan, SunTrust Robinson Humphrey, Merrill Lynch, BMO Capital Markets and Sumitomo Mitsui were joint lead arrangers and joint bookrunners.

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