Ares Capital (ARCC) Announces 13.5M Share Public Offering of Common Stock
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Ares Capital Corporation Announces Public Offering
February 10, 2021 4:08 PM ESTNEW YORK--(BUSINESS WIRE)-- Ares Capital Corporation (Nasdaq: ARCC) announced that it plans to make a public offering of 13,500,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 2,025,000 shares of common stock. The offering of the shares will be made under Ares Capitals shelf registration statement filed with the Securities and Exchange Commission on September 16, 2020, which became effective automatically upon filing.
BofA Securities, Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities LLC are acting as joint book-running... More
