ARES CAPITAL CORPORATION

(ARCC)
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Delayed Nasdaq  -  05/20 04:00:00 pm EDT
18.09 USD   -2.43%
05/20ARES CAPITAL CORP : Submission of Matters to a Vote of Security Holders (form 8-K)
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05/13Dye & Durham CEO Defends Ares-backed Australia Deal
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05/03US Arbitration Panel Finds UBS' Grounds For Dismissing Investment Banker Defamatory
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Ares Capital Corporation and U.S. Bank National Association Enters into Sixteenth Supplemental Indenture

01/13/2022 | 04:31pm EDT

On January 13, 2022, Ares Capital Corporation and U.S. Bank National Association, entered into a Sixteenth Supplemental Indenture to the Indenture, dated October 21, 2010, between the Company and the Trustee (the "Indenture"). The Sixteenth Supplemental Indenture relates to the Company's issuance, offer and sale of $500,000,000 aggregate principal amount of its 2.875% notes due 2027 (the "Notes"). The Notes will mature on June 15, 2027, and may be redeemed in whole or in part at the Company's option at any time at the redemption prices set forth in the Sixteenth Supplemental Indenture. The Notes bear interest at a rate of 2.875% per year payable semiannually on June 15 and December 15 of each year, commencing on June 15, 2022. The Notes are direct unsecured obligations of the Company. The Company expects to use the net proceeds of this offering to repay certain outstanding indebtedness under its debt facilities. The Company may reborrow under its debt facilities for general corporate purposes, which include investing in portfolio companies in accordance with its investment objective.


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All news about ARES CAPITAL CORPORATION
05/20ARES CAPITAL CORP : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
05/13Dye & Durham CEO Defends Ares-backed Australia Deal
MT
05/03US Arbitration Panel Finds UBS' Grounds For Dismissing Investment Banker Defamatory
MT
04/28NORTH AMERICAN MORNING BRIEFING : Tech Futures -3-
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04/27Janney Lowers Ares Capital Fair Value Estimate to $22 From $24, Maintains Buy Rating
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04/27Hovde Group Upgrades Ares Capital to Outperform From Market Perform, Keeps $21 Price Ta..
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04/27JPMorgan Upgrades Ares Capital to Overweight From Neutral
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04/26SECTOR UPDATE : Financial Stocks Extend Losses in Late Tuesday Trading
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04/26Ares Capital Q1 Core Earnings Tick Down; Total Investment Income Increases; Shares Fall..
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04/26ARES CAPITAL : First Quarter 2022 Earnings Presentation
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Analyst Recommendations on ARES CAPITAL CORPORATION
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Financials (USD)
Sales 2022 1 880 M - -
Net income 2022 897 M - -
Net Debt 2022 10 628 M - -
P/E ratio 2022 10,0x
Yield 2022 9,95%
Capitalization 8 914 M 8 914 M -
EV / Sales 2022 10,4x
EV / Sales 2023 9,90x
Nbr of Employees -
Free-Float 98,6%
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Mean consensus BUY
Number of Analysts 14
Last Close Price 18,09 $
Average target price 22,43 $
Spread / Average Target 24,0%
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Managers and Directors
R. Kipp deVeer Chief Executive Officer & Director
Mitchell S. Goldstein Executive Vice President
Michael Lewis Smith Executive Vice President
Penelope F. Roll Chief Financial Officer
Bennett Rosenthal Co-Chairman