Ares Capital Corporation Prices Public Offering of $650 Million 5.100% Unsecured Notes Due 2031
(NASDAQ:ARCC) NEW YORK--(BUSINESS WIRE)--Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $650 million in aggregate principal amount of 5.100%...
What are the specific make‑whole redemption terms, and how could they impact Ares Capital's future cash‑flow and refinancing risk?
Is the 5.10% coupon competitive relative to current market yields for similarly rated senior unsecured notes, and what does it signal about investor demand?
How will the $650 million note issuance affect Ares Capital's leverage ratios and overall credit profile?
12 days ago