exhibit 1. 1 execution version ares capital corporation ( a maryland corporation ) $ 400, 000, 000 2. 875 % notes due 2028 purchase agreement dated : august 4, 2021 ares capital corporation ( a maryland corporation ) $ 400, 000, 000 2. 875 % notes due 2028 purchase agreement august 4, 2021 bofa securities, inc. j. p. morgan securities llc smbc nikko securities america, inc. wells fargo securities, llc as representatives of the underwriters named in schedule a hereto. c / o bofa securities, inc. one bryant park new york, new york 10036 c / o j. p. morgan securities llc 383 madison avenue new york, new york 10179 c / o smbc nikko securities america, inc. 277 park avenue, 5th floor new york, new york 10172 c / o wells fargo securities, llc 550 south tryon street charlotte, nc 28202 ladies and gentlemen : ares capital corporation, a maryland corporation ( the “ company ” ), confirms its agreement with each of the underwriters named in schedule a hereto ( collectively, the “ underwriters, ” which term shall also include any underwriter substituted as hereinafter provided in section 10 hereof ), for whom bofa securities, inc., j. p. morgan securities llc, smbc nikko securities america, inc. and wells fargo securities, llc are acting as representatives ( in such capacity, the “ representatives ” ), with respect to the issue and sale by the company and the purchase by the underwriters, acting severally and not jointly, of $ 400, 000, 000 aggregate principal amount of 2. 875 % notes due 2028 ( the “ securities ” ) of the company set forth in said schedule a. the securities will be issued under an indenture dated as of october 21, 2010, as supplemented by the fourteenth supplemental indenture, dated as of june 10, 2021 ( collectively, the “ indenture ” ) between the company and u. s. bank national association, as trustee ( the “ trustee ” ). the aforesaid securities will be issued to cede & co. as nominee of the depository trust company ( “ dtc ” ) pursuant to a blanket letter of representations, dated as of october 14, 2010 ( the “ dtc agreement ” ), between the company and dtc. 2 2 on june 10, 2021,