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American Capital (ACAS) lowers its interest cost, refinancing the entirety of its recourse debt...
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Wednesday, August 22, 2012, 4:29 PM ETAmerican Capital (ACAS) lowers its interest cost, refinancing the entirety of its recourse debt with a 4-year $600M loan priced at Libor +4.25% with a Libor floor of 1.25%. The company also obtains a $250M credit line at Libor +3.75%. Shares +0.2% AH. (PR)
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