American Capital Closes Over $2.4 Billion in New and Extended Credit Facilities


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American Capital, Ltd. (Nasdaq: ACAS) ("American Capital") announced today that in 2012 the American Capital Syndications Group was successful in closing over $2.4 billion in new and extended credit facilities for 19 of its portfolio companies. The financings helped to facilitate a variety of transactions including four dividend recaps, three add-on acquisitions for existing portfolio companies, eleven refinancings and maturity extensions and one new One Stop Buyout®. Throughout the year American Capital and its affiliates received approximately $890 million in debt and equity proceeds as a result of these transactions. These credit facilities were ultimately syndicated to approximately 80 separate lending institutions, including longstanding lending relationships of American Capital.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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