Business Context and Reporting Period
This Form 8-K is a current report filed by Ares Capital Corporation on October 31, 2005. The filing primarily addresses a material amendment to the company's credit facility and provides a Regulation FD disclosure regarding the upcoming announcement of third fiscal quarter earnings for the period ended September 30, 2005.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves as a procedural notice rather than a financial statement.
Material Changes
- Credit Facility Extension: On October 31, 2005, Ares Capital Corporation and its wholly-owned subsidiary, Ares Capital CP Funding LLC, amended their credit facility with Wachovia Capital Markets, LLC. The expiration date was extended from November 2, 2005, to November 1, 2006.
Guidance, Outlook, and Management Commentary
Management announced via press release that third fiscal quarter earnings will be reported on Monday, November 14, 2005. A conference call to discuss these results is scheduled for Tuesday, November 15, 2005, at 4:00 p.m. Eastern Time. No specific financial guidance or risk factors were detailed in this filing text.
Investor Verification Checklist
- Verify the terms of the amended credit facility with Wachovia Capital Markets, LLC, specifically the new expiration date of November 1, 2006.
- Review the press release filed as Exhibit 99.1 for details on the third fiscal quarter earnings announcement.
- Attend or listen to the archived conference call on November 15, 2005, for management's commentary on Q3 2005 financial results.