Ares Capital (ARCC) Prices Upsized 10.5M Share Offering

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Go back to Ares Capital (ARCC) Prices Upsized 10.5M Share Offering

Ares Capital Corporation Prices Public Offering

January 12, 2023 10:15 PM EST

NEW YORK--(BUSINESS WIRE)-- Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced a public offering of 10,500,000 shares of its common stock. The offering was upsized from its previously announced offering size of 9,000,000 shares. Ares Capital has granted the underwriters an option to purchase up to an additional 1,575,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on January 18, 2023. 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... More