Seeking Alpha

American Capital (ACAS) lowers its interest cost, refinancing the entirety of its recourse debt...

American 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)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)