The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation (“Ares Capital”) and an affiliate of GE Capital, announced today that during the second quarter it closed nine financing transactions, including refinancings of existing portfolio companies, totaling $1.2 billion. Since January 1, 2010, the SSLP has committed approximately $15.9 billion to middle market borrowers, including $1.7 billion across 13 transactions year-to-date.

Below is a description of three of the transactions that closed during the second quarter.

Athletico Physical Therapy / Harvest Partners

GE Capital Markets and Ares Capital served as joint lead arrangers and joint bookrunners in a $153.0 million senior secured term loan provided by the SSLP to support the acquisition of Athletico Physical Therapy by Harvest Partners. Athletico is a Chicago-based, clinician-owned physical therapy business.

Connoisseur Media, LLC

GE Capital Markets and Ares Capital served as joint lead arrangers and joint bookrunners in a senior secured term loan and two senior secured delayed draw term loans provided by the SSLP to support the refinancing of Connoisseur’s current capital structure and its current and future radio station acquisition strategy, including two recently signed acquisitions, of WDRC and WALK. Connoisseur, based in Westport, CT, owns and operates 36 radio stations (25 FMs and 11 AMs) in 10 markets. Through its GE Antares Capital unit, GE Capital also provided a senior secured revolving credit facility in support of the transaction.

Implus Corporation / Trilantic Capital Partners

GE Capital Markets and Ares Capital served as joint lead arrangers and joint bookrunners in a senior secured term loan provided by the SSLP to support the recapitalization of Implus Corporation, a portfolio company of Trilantic Capital Partners. Implus is an innovative manufacturer of more than a dozen brands in the $1 billion footwear and recreational accessory marketplaces.

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 $11 billion of available capital and can hold up to $350 million in a single transaction for borrowers across a wide range of industry sectors.