Ares Capital (ARCC) Prices 12.5M Share Offering

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Go back to Ares Capital (ARCC) Prices 12.5M Share Offering

Ares Capital Corporation Prices Public Offering

July 29, 2021 6:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced a public offering of 12,500,000 shares of its common stock. Ares Capital has granted the underwriters an option to purchase up to an additional 1,875,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on August 2, 2021. The offering of the shares is being made under Ares Capitals shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. On July 28, 2021, the official close... More