Ares Capital Corp (ARCC) 13.96 $ARCC
Diversified Investments Stocks Review - Ares Capital, Nasdaq, Intercontinental Exchange, and FS Investment
PR Newswire - Tue Jun 28, 7:00AM CDT
On Monday, June 27, 2016, the NASDAQ Composite ended the trading session at 4,594.44, down 2.41%; the Dow Jones Industrial Average lost 1.50% to finish at 17,140.24; and the S&P 500 closed at 2,000.54, down 1.81%. Stock-Callers.com has initiated coverage on the following equities: Ares Capital Corporation (NASDAQ: ARCC), Nasdaq Inc. (NASDAQ: NDAQ), Intercontinental Exchange Inc. (NYSE: ICE), and FS Investment Corporation (NYSE: FSIC). Learn more about these stocks by accessing their free trade alerts at:
ARCC: 13.96 (-0.05), ICE: 256.89 (+2.93), NDAQ: 65.88 (+0.96), FSIC: 9.14 (-0.02)
Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
BusinessWire - Wed Jun 22, 7:00AM CDT
Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of May 31, 2016 is now available via www.arespublicfunds.com.
ARCC: 13.96 (-0.05), ARES: 15.37 (+0.60), ARDC: 13.98 (+0.15)
Ares Management Closes Third European Direct Lending Fund
BusinessWire - Fri Jun 10, 5:30AM CDT
Ares Management, L.P. (NYSE:ARES) announced today the final closing of its third European direct lending fund, Ares Capital Europe III ("ACE III"
. Approximately one year after its launch, ACE III was oversubscribed and closed at its hard cap of EUR2.5 billion, above its initial target of EUR2.0 billion. The fund attracted strong backing from a diverse group of existing and new investors globally, including pension funds, insurance companies, sovereign wealth funds, endowments, a private banking platform and family offices.
ARCC: 13.96 (-0.05), ARES: 15.37 (+0.60)
CORRECTING and REPLACING Ares Capital Corporation to Lead First $1 Billion Unitranche Credit Facility to Support Thoma Bravo's Acquisition of QLIK Technologies
BusinessWire - Thu Jun 02, 10:29AM CDT
First paragraph, fourth sentence of release should read: Other lead joint arrangers include Golub Capital LLC, TSSP and Varagon Capital Partners, LP (instead of Other lead joint arrangers include Golub Capital LLC, TPG Specialty Lending, Inc. and Varagon Capital Partners, LP.).
ARCC: 13.96 (-0.05), QLIK: 30.04 (+0.08), ARES: 15.37 (+0.60), TSLX: 17.10 (-0.01)
Ares Capital Corporation to Lead First $1 Billion Unitranche Credit Facility to Support Thoma Bravo's Acquisition of QLIK Technologies
BusinessWire - Thu Jun 02, 8:34AM CDT
Ares Capital Corporation (NASDAQ: ARCC) announced today that it is serving as the administrative agent, joint lead arranger and joint bookrunner for a $1.075 billion unitranche credit facility in support of the acquisition of Qlik Technologies, Inc. (NASDAQ: QLIK) by Thoma Bravo, a leading private equity firm. Ares Capital is committing to and holding a large portion of the financing, which is the largest unitranche financing by a business development company to date. In addition, Ares Capital will be leading the syndication process to attract additional lenders to the credit facility. Other lead joint arrangers include Golub Capital LLC, TPG Specialty Lending, Inc. and Varagon Capital Partners, LP. The transaction is expected to close late in the third quarter, subject to customary closing conditions, including investor and regulatory approvals.
ARCC: 13.96 (-0.05), QLIK: 30.04 (+0.08), ARES: 15.37 (+0.60), TSLX: 17.10 (-0.01)
Qlik Announces Agreement to be Acquired by Thoma Bravo for $30.50 Per Share
BusinessWire - Thu Jun 02, 7:30AM CDT
--Purchase Price Represents 40% Premium to Unaffected Stock Price
ARCC: 13.96 (-0.05), QLIK: 30.04 (+0.08)
Ares Management, L.P. Announces Pricing of $275 Million in Preferred Units
BusinessWire - Thu Jun 02, 5:30AM CDT
Ares Management, L.P. (NYSE:ARES) today announced the pricing of a $275 million offering of 11,000,000 of its 7.00% Series A Preferred Units representing limited partner interests with a liquidation preference of $25.00 per unit. In addition, Ares has granted the underwriters an option to purchase up to an additional 1,650,000 Series A Preferred Units solely to cover over-allotments.
ARCC: 13.96 (-0.05), ARES: 15.37 (+0.60)
Fitch Expects to Rate Ares Management, L.P.'s Preferred Issuance 'BBB-'
BusinessWire - Wed Jun 01, 12:09PM CDT
Fitch Ratings expects to rate Ares Management, L.P.'s (Ares) perpetual preferred issuance 'BBB-'.
ARCC: 13.96 (-0.05)
Milberg LLP Announces Investigation of Board of Directors' Decision to Sell American Capital, Ltd. to Ares Capital Corporation
PR Newswire - Tue May 31, 4:20PM CDT
Milberg LLP is investigating possible breaches of fiduciary duty and other violations of law in connection with the proposed acquisition of American Capital, Ltd. (ACAS) ("American Capital" or the "Company" to Ares Capital Corporation (ARCC) ("Ares".
ACAS: 15.86 (unch), ARCC: 13.96 (-0.05), AGNC: 19.24 (-0.25)
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of American Capital, Ltd. (ACAS) Over the Proposed Sale of the Company to Ares Capital Corp.
BusinessWire - Thu May 26, 4:01PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of American Capital, Ltd. ("American Capital" or the "Company" (Nasdaq:ACAS) for potential breaches of fiduciary duties in connection with the sale of the Company to Ares Capital Corp. for approximately $3.43 billion.
ACAS: 15.86 (unch), ARCC: 13.96 (-0.05)
SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of American Capital Ltd. and Encourages Investors to Contact the Firm for Additional Information
BusinessWire - Tue May 24, 9:10PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of American Capital, Ltd. (Nasdaq: ACAS) ("American Capital" or the "Company" relating to the proposed buyout of American Capital by Ares Capital Corp. ("Ares"
ACAS: 15.86 (unch), ARCC: 13.96 (-0.05)
AMERICAN CAPITAL, LTD. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Believe the Acquisition by Ares Capital Corporation May be Unfair to Shareholders
BusinessWire - Tue May 24, 1:33PM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of American Capital, Ltd. ("American Capital" (NASDAQ: ACAS) concerning the acquisition by Ares Capital Corporation. Under the terms of the agreement, valued at approximately $3.43 billion, American Capital shareholders will only receive $8.86 cash and 0.483 shares of Ares Capital per American Capital share owned. The consideration is valued at $17.40 per share, which is significantly lower than at least one analyst's estimated value of $18.00.
ACAS: 15.86 (unch), ARCC: 13.96 (-0.05)
SHAREHOLDER ALERT: Pomerantz LLP Investigates Claims That the Merger May Not Be in the Best Interest of Investors of American Capital Ltd. - ACAS
PR Newswire - Tue May 24, 11:35AM CDT
Pomerantz LLP is investigating claims on behalf of investors of American Capital Ltd. ("American Capital" or the "Company" (NASDAQ: ACAS) (ISIN: US0250341038) (CUSIP: 025034103) concerning the proposed acquisition of American Capital by Ares Capital Corporation ("Ares Capital".
ACAS: 15.86 (unch), ARCC: 13.96 (-0.05)
AMERICAN CAPITAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of American Capital, Ltd.
PR Newswire - Tue May 24, 10:57AM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF" are investigating the proposed sale of American Capital, Ltd. ("ACAS" or the "Company" (NASDAQ: ACAS) to Ares Capital Corporation (NASDAQ: ARCC). Under the terms of the proposed transaction, shareholders of ACAS will receive a combination of cash and stock valued at approximately $17.40 for each share of ACAS that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
ACAS: 15.86 (unch), ARCC: 13.96 (-0.05)
American Capital to Sell Operations; Moody's Upgrade Likely
Zacks Equity Research - Zacks Investment Research - Tue May 24, 8:00AM CDT
Putting an end to all speculations about possible sale or restructuring, American Capital, Ltd. (ACAS) announced the sale of operations for $4 billion through two separate deals
ACAS: 15.86 (unch), GS: 150.38 (+3.38), ARCC: 13.96 (-0.05), AGNC: 19.24 (-0.25)
Monsanto gains on offer from Bayer; Tribune plunges
AP - Mon May 23, 3:33PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday:
CI: 129.60 (+2.60), ANTM: 132.15 (+2.71), TPUB: 13.96 (+0.17), ARCC: 13.96 (-0.05), MON: 102.68 (+2.04), CF: 24.86 (+1.36), ANTX: 44.99 (+0.49), TLRD: 13.24 (+0.47)
Robbins Arroyo LLP: Acquisition of American Capital, Ltd. (ACAS) by Ares Capital Corporation (ARCC) May Not Be in Shareholders' Best Interests
BusinessWire - Mon May 23, 2:39PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of American Capital, Ltd. (NASDAQ: ACAS) by Ares Capital Corp. (NASDAQ: ARCC). On May 23, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Ares Capital will acquire American Capital. Under the terms of the agreement, American Capital shareholders will receive $8.86 in cash and 0.483 shares of Ares Capital for each share of American Capital they own, the value of which is equivalent to $17.40 per share of American Capital.
ACAS: 15.86 (unch), ARCC: 13.96 (-0.05)
Fitch Affirms Ares Capital's Ratings Following ACAS Purchase Announcement; Outlook Stable
BusinessWire - Mon May 23, 1:52PM CDT
Fitch Ratings has affirmed Ares Capital Corporation's (Ares) Long-Term Issuer Default Rating (IDR) and secured and unsecured debt ratings at 'BBB' following the announced acquisition of American Capital, Ltd. (ACAS). The Rating Outlook is Stable. A full list of rating actions follows at the end of this release.
ARCC: 13.96 (-0.05)
After Yesterday's Decline of 3.95%, Ares Capital Offers Investors Better Value
Comtex SmarTrend(R) - Mon May 23, 1:05PM CDT
Ares Capital (NASDAQ:ARCC) traded in a range yesterday that spanned from a low of $14.52 to a high of $14.99. Yesterday, the shares fell 3.9%, which took the trading range below the 3-day low of $14.96 on volume of 4.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
ARCC: 13.96 (-0.05)
Fitch Revises American Capital to Watch Positive on Announced Ares Acquisition
BusinessWire - Mon May 23, 1:00PM CDT
Fitch Ratings has revised the Rating Watch for American Capital, Ltd.'s (ACAS; 'BB-' to Positive from Negative following ACAS's announced sale to Ares Capital Corporation (ARCC; 'BBB', Outlook Stable) for approximately $3.43 billion. Approximately $887 million of ACAS's outstanding debt, as of March 31, 2016, is affected by this rating action. A complete list of ratings follows this release.
ARCC: 13.96 (-0.05)
Diversified Investments Stocks Review - Ares Capital, Nasdaq, Intercontinental Exchange, and FS Investment
PR Newswire - Tue Jun 28, 7:00AM CDT
On Monday, June 27, 2016, the NASDAQ Composite ended the trading session at 4,594.44, down 2.41%; the Dow Jones Industrial Average lost 1.50% to finish at 17,140.24; and the S&P 500 closed at 2,000.54, down 1.81%. Stock-Callers.com has initiated coverage on the following equities: Ares Capital Corporation (NASDAQ: ARCC), Nasdaq Inc. (NASDAQ: NDAQ), Intercontinental Exchange Inc. (NYSE: ICE), and FS Investment Corporation (NYSE: FSIC). Learn more about these stocks by accessing their free trade alerts at:
ARCC: 13.96 (-0.05), ICE: 256.89 (+2.93), NDAQ: 65.88 (+0.96), FSIC: 9.14 (-0.02)
Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.
BusinessWire - Wed Jun 22, 7:00AM CDT
Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of May 31, 2016 is now available via www.arespublicfunds.com.
ARCC: 13.96 (-0.05), ARES: 15.37 (+0.60), ARDC: 13.98 (+0.15)
Ares Management Closes Third European Direct Lending Fund
BusinessWire - Fri Jun 10, 5:30AM CDT
Ares Management, L.P. (NYSE:ARES) announced today the final closing of its third European direct lending fund, Ares Capital Europe III ("ACE III"
. Approximately one year after its launch, ACE III was oversubscribed and closed at its hard cap of EUR2.5 billion, above its initial target of EUR2.0 billion. The fund attracted strong backing from a diverse group of existing and new investors globally, including pension funds, insurance companies, sovereign wealth funds, endowments, a private banking platform and family offices. ARCC: 13.96 (-0.05), ARES: 15.37 (+0.60)
CORRECTING and REPLACING Ares Capital Corporation to Lead First $1 Billion Unitranche Credit Facility to Support Thoma Bravo's Acquisition of QLIK Technologies
BusinessWire - Thu Jun 02, 10:29AM CDT
First paragraph, fourth sentence of release should read: Other lead joint arrangers include Golub Capital LLC, TSSP and Varagon Capital Partners, LP (instead of Other lead joint arrangers include Golub Capital LLC, TPG Specialty Lending, Inc. and Varagon Capital Partners, LP.).
ARCC: 13.96 (-0.05), QLIK: 30.04 (+0.08), ARES: 15.37 (+0.60), TSLX: 17.10 (-0.01)
Ares Capital Corporation to Lead First $1 Billion Unitranche Credit Facility to Support Thoma Bravo's Acquisition of QLIK Technologies
BusinessWire - Thu Jun 02, 8:34AM CDT
Ares Capital Corporation (NASDAQ: ARCC) announced today that it is serving as the administrative agent, joint lead arranger and joint bookrunner for a $1.075 billion unitranche credit facility in support of the acquisition of Qlik Technologies, Inc. (NASDAQ: QLIK) by Thoma Bravo, a leading private equity firm. Ares Capital is committing to and holding a large portion of the financing, which is the largest unitranche financing by a business development company to date. In addition, Ares Capital will be leading the syndication process to attract additional lenders to the credit facility. Other lead joint arrangers include Golub Capital LLC, TPG Specialty Lending, Inc. and Varagon Capital Partners, LP. The transaction is expected to close late in the third quarter, subject to customary closing conditions, including investor and regulatory approvals.
ARCC: 13.96 (-0.05), QLIK: 30.04 (+0.08), ARES: 15.37 (+0.60), TSLX: 17.10 (-0.01)
Qlik Announces Agreement to be Acquired by Thoma Bravo for $30.50 Per Share
BusinessWire - Thu Jun 02, 7:30AM CDT
--Purchase Price Represents 40% Premium to Unaffected Stock Price
ARCC: 13.96 (-0.05), QLIK: 30.04 (+0.08)
Ares Management, L.P. Announces Pricing of $275 Million in Preferred Units
BusinessWire - Thu Jun 02, 5:30AM CDT
Ares Management, L.P. (NYSE:ARES) today announced the pricing of a $275 million offering of 11,000,000 of its 7.00% Series A Preferred Units representing limited partner interests with a liquidation preference of $25.00 per unit. In addition, Ares has granted the underwriters an option to purchase up to an additional 1,650,000 Series A Preferred Units solely to cover over-allotments.
ARCC: 13.96 (-0.05), ARES: 15.37 (+0.60)
Fitch Expects to Rate Ares Management, L.P.'s Preferred Issuance 'BBB-'
BusinessWire - Wed Jun 01, 12:09PM CDT
Fitch Ratings expects to rate Ares Management, L.P.'s (Ares) perpetual preferred issuance 'BBB-'.
ARCC: 13.96 (-0.05)
Milberg LLP Announces Investigation of Board of Directors' Decision to Sell American Capital, Ltd. to Ares Capital Corporation
PR Newswire - Tue May 31, 4:20PM CDT
Milberg LLP is investigating possible breaches of fiduciary duty and other violations of law in connection with the proposed acquisition of American Capital, Ltd. (ACAS) ("American Capital" or the "Company"
to Ares Capital Corporation (ARCC) ("Ares". ACAS: 15.86 (unch), ARCC: 13.96 (-0.05), AGNC: 19.24 (-0.25)
SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of American Capital, Ltd. (ACAS) Over the Proposed Sale of the Company to Ares Capital Corp.
BusinessWire - Thu May 26, 4:01PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of American Capital, Ltd. ("American Capital" or the "Company"
(Nasdaq:ACAS) for potential breaches of fiduciary duties in connection with the sale of the Company to Ares Capital Corp. for approximately $3.43 billion. ACAS: 15.86 (unch), ARCC: 13.96 (-0.05)
SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of American Capital Ltd. and Encourages Investors to Contact the Firm for Additional Information
BusinessWire - Tue May 24, 9:10PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of American Capital, Ltd. (Nasdaq: ACAS) ("American Capital" or the "Company"
relating to the proposed buyout of American Capital by Ares Capital Corp. ("Ares" ACAS: 15.86 (unch), ARCC: 13.96 (-0.05)
AMERICAN CAPITAL, LTD. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Believe the Acquisition by Ares Capital Corporation May be Unfair to Shareholders
BusinessWire - Tue May 24, 1:33PM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of American Capital, Ltd. ("American Capital"
(NASDAQ: ACAS) concerning the acquisition by Ares Capital Corporation. Under the terms of the agreement, valued at approximately $3.43 billion, American Capital shareholders will only receive $8.86 cash and 0.483 shares of Ares Capital per American Capital share owned. The consideration is valued at $17.40 per share, which is significantly lower than at least one analyst's estimated value of $18.00. ACAS: 15.86 (unch), ARCC: 13.96 (-0.05)
SHAREHOLDER ALERT: Pomerantz LLP Investigates Claims That the Merger May Not Be in the Best Interest of Investors of American Capital Ltd. - ACAS
PR Newswire - Tue May 24, 11:35AM CDT
Pomerantz LLP is investigating claims on behalf of investors of American Capital Ltd. ("American Capital" or the "Company"
(NASDAQ: ACAS) (ISIN: US0250341038) (CUSIP: 025034103) concerning the proposed acquisition of American Capital by Ares Capital Corporation ("Ares Capital". ACAS: 15.86 (unch), ARCC: 13.96 (-0.05)
AMERICAN CAPITAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of American Capital, Ltd.
PR Newswire - Tue May 24, 10:57AM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF"
are investigating the proposed sale of American Capital, Ltd. ("ACAS" or the "Company" (NASDAQ: ACAS) to Ares Capital Corporation (NASDAQ: ARCC). Under the terms of the proposed transaction, shareholders of ACAS will receive a combination of cash and stock valued at approximately $17.40 for each share of ACAS that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. ACAS: 15.86 (unch), ARCC: 13.96 (-0.05)
American Capital to Sell Operations; Moody's Upgrade Likely
Zacks Equity Research - Zacks Investment Research - Tue May 24, 8:00AM CDT
Putting an end to all speculations about possible sale or restructuring, American Capital, Ltd. (ACAS) announced the sale of operations for $4 billion through two separate deals
ACAS: 15.86 (unch), GS: 150.38 (+3.38), ARCC: 13.96 (-0.05), AGNC: 19.24 (-0.25)
Monsanto gains on offer from Bayer; Tribune plunges
AP - Mon May 23, 3:33PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday:
CI: 129.60 (+2.60), ANTM: 132.15 (+2.71), TPUB: 13.96 (+0.17), ARCC: 13.96 (-0.05), MON: 102.68 (+2.04), CF: 24.86 (+1.36), ANTX: 44.99 (+0.49), TLRD: 13.24 (+0.47)
Robbins Arroyo LLP: Acquisition of American Capital, Ltd. (ACAS) by Ares Capital Corporation (ARCC) May Not Be in Shareholders' Best Interests
BusinessWire - Mon May 23, 2:39PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of American Capital, Ltd. (NASDAQ: ACAS) by Ares Capital Corp. (NASDAQ: ARCC). On May 23, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Ares Capital will acquire American Capital. Under the terms of the agreement, American Capital shareholders will receive $8.86 in cash and 0.483 shares of Ares Capital for each share of American Capital they own, the value of which is equivalent to $17.40 per share of American Capital.
ACAS: 15.86 (unch), ARCC: 13.96 (-0.05)
Fitch Affirms Ares Capital's Ratings Following ACAS Purchase Announcement; Outlook Stable
BusinessWire - Mon May 23, 1:52PM CDT
Fitch Ratings has affirmed Ares Capital Corporation's (Ares) Long-Term Issuer Default Rating (IDR) and secured and unsecured debt ratings at 'BBB' following the announced acquisition of American Capital, Ltd. (ACAS). The Rating Outlook is Stable. A full list of rating actions follows at the end of this release.
ARCC: 13.96 (-0.05)
After Yesterday's Decline of 3.95%, Ares Capital Offers Investors Better Value
Comtex SmarTrend(R) - Mon May 23, 1:05PM CDT
Ares Capital (NASDAQ:ARCC) traded in a range yesterday that spanned from a low of $14.52 to a high of $14.99. Yesterday, the shares fell 3.9%, which took the trading range below the 3-day low of $14.96 on volume of 4.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
ARCC: 13.96 (-0.05)
Fitch Revises American Capital to Watch Positive on Announced Ares Acquisition
BusinessWire - Mon May 23, 1:00PM CDT
Fitch Ratings has revised the Rating Watch for American Capital, Ltd.'s (ACAS; 'BB-'
to Positive from Negative following ACAS's announced sale to Ares Capital Corporation (ARCC; 'BBB', Outlook Stable) for approximately $3.43 billion. Approximately $887 million of ACAS's outstanding debt, as of March 31, 2016, is affected by this rating action. A complete list of ratings follows this release. ARCC: 13.96 (-0.05)
