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Senior Secured Loan Program Closes $625 Million in Commitments During the Third Quarter of 2012



  Senior Secured Loan Program Closes $625 Million in Commitments During the
  Third Quarter of 2012

Business Wire

NEW YORK & NORWALK, Conn. -- November 08, 2012

The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of
Ares Capital Corporation and an affiliate of GE Capital, announced today that
it closed five financing commitments totaling $625 million, including two
refinancing transactions of existing portfolio companies, during the third
quarter of 2012. Since January 1, 2010, the SSLP has committed approximately
$7.9 billion to middle-market borrowers.

Below is a brief description of two of these recent SSLP transactions.

Selig Sealing Products, Inc. / Behrman Capital

GE Capital Markets and Ares Capital served as joint lead arrangers and joint
bookrunners in a $180 million senior secured term loan provided by SSLP to
support the refinancing of Selig Sealing Products, Inc., a portfolio company
of Behrman Capital. Selig is the leading global manufacturer of container
sealing products engineered to maintain freshness, protect against leakage and
provide tamper evidence for rigid containers.

Drayer Physical Therapy Institute LLC / GS Capital Partners

GE Capital Markets and Ares Capital served as joint lead arrangers and joint
bookrunners in a $125 million senior secured term loan provided by SSLP to
support the acquisition of Drayer Physical Therapy Institute LLC by GS Capital
Partners, a private equity fund managed by Goldman Sachs. GE Capital Markets
and Ares Capital also structured a $15 million delayed draw term loan provided
by the SSLP in support of the transaction. Drayer Physical Therapy Institute
is a leading owner and operator of outpatient physical therapy clinics in the
United States.

About Senior Secured Loan Program

The Senior Secured Loan Program was formed in December 2007 to invest in the
senior secured debt of middle-market companies. Its members are comprised of
Ares Capital Corporation and GE Global Sponsor Finance LLC. The program is
co-managed by GE Commercial Finance Investment Advisory Services LLC and Ares
Capital Management LLC and transactions require approval by the individuals
appointed by the members of the SSLP. The SSLP has $7.7 billion of available
capital and can hold up to $300 million in a single transaction for borrowers
across a wide range of industry sectors. The SSLP benefits borrowers by virtue
of greater speed, simplicity and certainty, with proven partners. The total
aggregate principal amount of loans outstanding issued by the SSLP was $5.9
billion as of September 30, 2012.

About Ares Capital Corporation

Ares Capital is a leading specialty finance company that provides one-stop
financing solutions to U.S. middle-market companies and private equity
sponsors. The Company originates and invests in senior secured loans,
mezzanine debt and, to a lesser extent, equity investments through its
national direct origination platform. Ares Capital’s investment objective is
to generate both current income and capital appreciation through debt and
equity investments primarily in private companies. Ares Capital has elected to
be regulated as a business development company, and is externally managed by a
wholly owned subsidiary of Ares Management LLC. Ares Management is a global
alternative asset manager and a SEC-registered investment adviser with
approximately $56 billion of committed capital under management as of
September 30, 2012. For more information, visit www.arescapitalcorp.com.

About GE Capital

GE Capital offers consumers and businesses around the globe an array of
financial products and services. For more information, visit www.gecapital.com
or follow company news via Twitter (@GECapital). GE (NYSE: GE) works on things
that matter. The best people and the best technologies taking on the toughest
challenges. Finding solutions in energy, health and home, transportation and
finance. For more information, visit ge.com

About GE Antares Capital

GE Antares Capital is a unit of GE Capital, Sponsor Finance. With offices in
Atlanta, Chicago, Los Angeles, New York and San Francisco, GE Antares is a
leading lender to middle market private equity sponsors. GE Capital Markets
has ranked #1 in the U.S. Sponsored Middle Market Bookrunner League Tables for
three of the past four years. For more information, visit www.geantares.com.

About Selig Sealing Products, Inc.

Selig Sealing Products, Inc. is the largest manufacturer of tamper-evident
cap/closure lining material in the world. Selig’s mission is to provide
customers with extremely high levels of responsiveness and flexibility in
serving and determining their packaging needs. Selig’s strength and experience
as a global leader of sealing solutions dates back to 1889 with the
establishment of Hermetic Cap & Glass Company and the first known in-house
liner manufacturing facility. With the acquisition of the Unipac Corporation,
under one name, Selig brings the customers the core benefits, knowledge and
rich history of the legends in global sealing solutions: Capseals, Insulec,
Unipac, 3M, Sonoco, Malborough and Selig. Featuring reliable, innovative,
quality products that cover a broad range of applications such as: food,
pharmaceutical, agricultural, chemical, beverage and cosmetics, Selig’s
comprehensive range of both one-piece (UniGard™ and FoilSeal™), and two piece
structures (Safe-Guard™ and FoilSeal™) give them the ability to meet the most
demanding worldwide applications with one of their 600 customized aluminum
foil/heat-seal combinations. In addition, their innovative products, such as
Lift’n’Peel™, Top Tab™, AromaSeal™ and AromaPeel™ offer a ‘built in easy
opening feature’ that provides greater convenience to the consumer while
providing differentiation to the brand owners. For more information, visit
www.seligsealing.com.

About Behrman Capital

Based in New York City and San Francisco, Behrman Capital was founded in 1991
by Grant G. and Darryl G. Behrman. The firm invests in management buyouts,
leverage buildups and recapitalizations of established growth businesses. The
company’s investments are primarily focused in five industries: health care,
specialty manufacturing, business to business outsourcing, defense and
information technology. The firm has raised five funds with a combined capital
base in excess of $3.0 billion. For more information, visit
www.behrmancap.com.

About Drayer Physical Therapy Institute LLC

Drayer Physical Therapy Institute is a leading outpatient physical
rehabilitation company, incorporated in 2002. With the opening of its first
clinic in Bel Air, Maryland, the company now owns/manages over 90 outpatient
physical therapy centers in the Northeast, Mid-Atlantic, Southeast, and
Northwest areas of the United States. For more information, visit
www.drayerpt.com.

Contact:

Ares Capital Corporation
Carl Drake, (404) 814-5204
cdrake@aresmgmt.com
or
GE Antares Capital
Jennifer Sampson, (312) 441-7055
jennifer.sampson1@ge.com
or
GE Capital, Americas
Ned Reynolds, (203) 229-5717
ned.reynolds@ge.com
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