Ares Capital Corporation Leads Three New Financing Transactions Totaling More Than $640 Million During Fourth Quarter

Symbols: ARCC
Posted in: News, Financing
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Ares Capital Corporation (NASDAQ: ARCC) announced today that investment transactions closed in the fourth quarter of 2011 included three financing commitments to new portfolio companies totaling more than $640 million. Ares Capital served as administrative agent in all three transactions.

Ares Capital President Michael Arougheti commented, “We are very pleased to have partnered with three high-quality private equity investors and their franchise businesses. These transactions demonstrate that our flexible capital as well as our ability to lead and commit significant dollars is resonating among sponsors seeking reliable and large-scale capital solutions in the middle market.”


 
 
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