On January 11, 2018, Ares Capital Corporation and U.S. Bank National Association (the 'Trustee'), entered into an Eighth Supplemental Indenture to the Indenture, dated October 21, 2010, between the Company and the Trustee. The Eighth Supplemental Indenture relates to the Company’s issuance, offer and sale of $600,000,000 aggregate principal amount of its 4.250% notes due 2025. The Notes will mature on March 1, 2025 and may be redeemed in whole or in part at the Company’s option at any time at the redemption prices set forth in the Eighth Supplemental Indenture. The Notes bear interest at a rate of 4.250% per year payable semiannually on March 1 and September 1 of each year, commencing on September 1, 2018. The Notes are direct unsecured obligations of the Company. The Company expects to use the net proceeds of this offering to repay certain outstanding indebtedness under its debt facilities. The Company may reborrow under its debt facilities for general corporate purposes, which include investing in portfolio companies in accordance with its investment objective.