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Ares Capital (ARCC) announces a private offering of $200M of unsecured Convertible Senior...

Ares Capital (ARCC) announces a private offering of $200M of unsecured Convertible Senior Notes, with the buyers also being granted the option to purchase another $30M. Ares plans to use to proceeds to pay off other debt and for further investments. (PR)
Comments (1)
  • TwistTie
    , contributor
    Comments (2477) | Send Message
     
    The stock is behaving badly today.

     

    Is this the cause?

     

    This seems like good news and something that I would expect.
    3 Oct 2012, 11:28 AM Reply Like
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