Ares Strategic Income ups facility commitments by $125 million

By William Gullotti

Buffalo, N.Y., July 14 – Ares Strategic Income Fund, a subsidiary of Ares Capital Corp., entered into a commitment increase agreement for its senior secured credit agreement signed Dec. 20, 2022 with JPMorgan Chase Bank, NA on July 10, according to an 8-K filing with the Securities and Exchange Commission.

The increased commitments upped the overall facility capacity to $750 million by adding $25 million of dollar commitments and upping the multicurrency commitments to $725 million from $625 million.

Ares is a New York-based investment company.

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