The Senior Direct Lending Program (SDLP), a joint venture between Ares Capital Corporation and Varagon Capital Partners, announced that during the second quarter SDLP made over $600 million of commitments to six borrowers.Including these investments...
view press release
August 04, 2017, 07:00 AM
|
Ares Capital Corporation announced it has received shareholder approval on all proposals for its definitive merger agreement under which Ares Capital will acquire American Capital, Ltd. An overwhelming majority of Ares Capital's shareholders who...
view press release
December 16, 2016, 07:38 AM
|
Rising short-term rates will likely provide an earnings boost to business development companies (BDCs) in the near term as LIBOR rates approach loan-specific floors, says Fitch Ratings. BDCs are generally interest rate sensitive asmost investment...
view press release
December 15, 2016, 07:46 AM
|
Ares Capital Corporation is providing additional details on its new financing commitments closed during the third quarter, which totaled approximately $1.5 billion. In addition to the over $200 million committed to the Senior Direct Lending Program...
view press release
November 07, 2016, 08:04 AM
|
Vestar Capital Partners, Brockway Moran & Partners and CHS Capital announced that Vestar has signed a definitive agreement to acquire Woodstream, a leading manufacturer and marketer of branded pest and animal control as well as lawn and garden...
view press release
April 28, 2015, 07:29 AM
|
Ares Capital Corporation is providing additional details on its financing commitments closed during the fourth quarter of 2014, which were included in Ares Capital’s earnings announcement released on February 26, 2015. Financing commitments made by...
view press release
March 09, 2015, 07:31 AM
|
The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation (“Ares Capital”) and an affiliate of GE Capital, announced on November 4, 2014 that during the third quarter it closed 6 financing transactions...
view press release
November 11, 2014, 07:28 AM
|
MyHealthDirect announced today its next round of growth funding to continue rapid expansion of its patient access solutions. Current partners, Chrysalis Ventures and Arboretum Ventures provided equity funding, and new partner, Ares Capital...
view press release
October 10, 2014, 07:48 AM
|
The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation (“Ares Capital”) and an affiliate of GE Capital, announced today that during the second quarter it closed nine financing transactions, including...
view press release
August 07, 2014, 07:40 AM
|
Ares Capital Corporation announced that its Board of Directors has named Michael J. Arougheti as Co-Chairman of the Board and promoted three of its longstanding senior executive officers. Michael J. Arougheti will assume the role of Co-Chairman of...
view press release
August 06, 2014, 05:57 AM
|
Ares Capital Corporation has amended and extended its senior secured revolving credit facility with its existing bank group of eighteen lenders. Total commitments to the facility grew from $1.06 billion to $1.17 billion, with five lenders upsizing...
view press release
April 02, 2014, 07:06 AM
|
Ares Capital Corporation announced it has acquired a diversified middle-market corporate loan portfolio managed by a global banking institution for approximately $319 million. The portfolio is primarily comprised of first lien senior loans, and to a...
view press release
December 23, 2013, 07:08 AM
|
Harvest Partners, a New York-based private equity firm, and the management team of AxelaCare Holdings, Inc. have completed the acquisition of the company from Excellere Partners, a Denver, CO-based private equity firm. Terms of the transaction were...
view press release
April 16, 2013, 07:18 AM
|