Loading...
Loading...
Ares Capital Corporation
ARCC announced that it plans to make a
private offering of $150 million aggregate principal amount of its Convertible
Senior Notes due 2017. Ares Capital also plans to grant the initial purchasers
an option to purchase up to an additional $22.5 million principal amount of
the Convertible Senior Notes to cover overallotments, if any. The Convertible
Senior Notes will be offered only to qualified institutional buyers (as
defined in the Securities Act of 1933, as amended
pursuant to Rule 144A under the Securities Act.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in