American Capital Strategies (ACAS) Prices 8.7M Shares at $36.41
American Capital Strategies Ltd. (Nasdaq: ACAS) priced its public offering of 8.7 million shares of its common stock at $36.41 per share for total net proceeds of approximately $302 million.
American Capital expects to use substantially all of the net proceeds from the shares of common stock being offered by the Company for general corporate purposes, including for the Company's investment and lending activities and to repay indebtedness owed under existing revolving credit facilities. [LJ]
Related Categories
Equity OfferingsStocks Mentioned
Related Entities
Comments
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!

Piper Aircraft
C McCoy on May 1, 2008 10:56 AMDon't they own Piper Aircraft?