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Ares Capital (ARCC) drops 3.5% AH after announcing a 14.28M share stock offering, good for...

Ares Capital (ARCC) drops 3.5% AH after announcing a 14.28M share stock offering, good for proceeds of $228M based on today's close. Ares plans to use the proceeds to reduce its debt load, and possibly to make new investments.
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