UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

NOTIFICATION OF REDEMPTION OF SECURITIES PURSUANT TO RULE 23C-2

UNDER THE INVESTMENT COMPANY ACT OF 1940

 

File No. 814-00663

 

ARES CAPITAL CORPORATION

(Name of Registrant)

 

245 Park Avenue, 44th Floor
New York, New York 10167
(Address of Principal Executive Office)

 

The undersigned here notifies the Securities and Exchange Commission (the “Commission”) that it intends to redeem securities of which it is the issuer, as set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940, as amended, and states that it is filing this notice with the Commission pursuant to permission granted by the Commission staff, fewer than 30 days prior to the date set of the redemption.

 

(1)                                  Title of the class of securities of Ares Capital Corporation (the “Company”) to be redeemed:

 

6.625% Notes due July 15, 2011 (CUSIP: 01903Q AA 6) (the “Notes”).

 

(2)           Date on which the securities are to be redeemed:

 

The Notes will be redeemed on March 16, 2011 (the “Redemption Date”).

 

(3)           Applicable provisions of the governing instrument pursuant to which the securities are to be redeemed:

 

The Notes are to be redeemed pursuant to (i) Article Eleven of the Company’s base indenture governing the Notes, dated as of June 16, 2006 (the “Base Indenture”), between the Company and The Bank of New York Mellon (formerly The Bank of New York), as trustee, as amended (the “Indenture”) and (ii) Section 1.01(g) of the First Supplemental Indenture, dated as of July 25, 2006, between the Company and The Bank of New York Mellon, as trustee (the “First Supplemental Indenture”).

 

(4)           The principal amount or number of shares and the basis upon which the securities to be redeemed are to be selected:

 


 

The Company will redeem all of the outstanding Notes ($300,584,000 aggregate principal amount) pursuant to the terms of the Indenture and First Supplemental Indenture.

 


 

SIGNATURE

 

Pursuant to the requirements of Rule 23c-2 under the Investment Company Act of 1940, as amended, the Company has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 24th day of February, 2011.

 

 

ARES CAPITAL CORPORATION

 

 

 

 

 

 

 

By:

/s/ Penni F. Roll

 

 

Name:

Penni F. Roll

 

 

Title:

Chief Financial Officer