The Company announced that it has priced an underwritten public offering of $750.0 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 Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable. As of 2020-01-08, the Fund’s leverage was 45.6% and Debt Focused BDC Group leverage was 47.2%.