ARES STRATEGIC INCOME FUND 8-K

What Happened
Ares Strategic Income Fund announced on January 22, 2026 that it priced a private placement of $700 million aggregate principal amount of 5.55% notes due April 15, 2031. The notes were sold to parties believed to be qualified institutional buyers under Rule 144A and to certain non‑U.S. persons under Regulation S; the offering is expected to close on January 29, 2026, subject to customary conditions.

Key Details

• Amount: $700,000,000 in aggregate principal.
• Coupon and maturity: 5.55% interest, maturing April 15, 2031.
• Offering type and buyers: Private placement under Rule 144A and Regulation S (QIBs and certain non‑U.S. persons).
• Use of proceeds: Net proceeds expected to repay outstanding indebtedness under the Fund’s credit facilities; the Fund may reborrow under those facilities for general corporate purposes (including investing in portfolio companies).
• Redemption: Notes may be redeemed in whole or in part at the Fund’s option at par plus a make‑whole premium, if applicable.
• Registration: Notes are not registered under the Securities Act and are restricted from U.S. public resale absent registration or an exemption.

Why It Matters
This transaction raises long‑term debt at a fixed 5.55% rate and is intended to replace borrowings under the Fund’s credit facilities. For investors, that can affect the Fund’s leverage profile, interest expense, and liquidity strategy. Because the notes were sold in a private placement and are unregistered, they may have limited immediate secondary market liquidity until registered or otherwise transferable under exemptions.