Form N-23C-2 Ares Dynamic Credit Allo For: Jun 15

June 15, 2026 5:20 PM EDT

 

 

UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

RULE 23c-2 NOTICE OF INTENTION TO REDEEM SECURITIES

 

OF

 

Ares Dynamic Credit Allocation Fund, Inc. 

1800 Avenue of the Stars, Suite 1400 

Los Angeles, CA 90067

 

under the 

Investment Company Act of 1940

 

Investment Company Act File No. 811-22535

 

The undersigned registered closed-end investment company hereby notifies the Securities and Exchange 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.

 

(1) Title of the class of securities of Ares Dynamic Credit Allocation Fund, Inc. (the “Fund”) to be redeemed:
   
  Series A Mandatory Redeemable Preferred Stock, par value $0.001 per share, liquidation preference of $25.00 per share (CUSIP No. 04014F 2*2) (the “Series A MRP Shares”).

 

(2) The date on which the securities are to be called or redeemed:
   
  July 15, 2026

 

(3) The applicable provisions of the governing instrument pursuant to which the securities are to be called or redeemed:
   
  The Series A MRP Shares are to be redeemed pursuant to Section 3(a)(v) of the Articles Supplementary of the Fund relating to its Series A Mandatory Redeemable Preferred Stock, Series B Mandatory Redeemable Preferred Stock and Series C Mandatory Redeemable Preferred Stock, as filed with the State Department of Assessments and Taxation of Maryland on July 14, 2021.

 

(4) The principal amount or number of shares and the basis upon which the securities to be redeemed are to be selected:
   
  The Fund intends to redeem all 800,000 of the issued and outstanding Series A MRP Shares.

 

 

 

 

 

 

SIGNATURE

 

Pursuant to the requirement of Rule 23c-2 under the Investment Company Act of 1940, the Fund has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 15th day of June, 2026.

 

  Ares Dynamic Credit Allocation Fund,Inc.
   
  By: /s/ Scott Lem
    Name: Scott Lem
    Title: Chief Financial Officer

 

 

 



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