The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation and an affiliate of GE Capital, 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.