American Cap Mtg Inv (MTGE) 16.47 $MTGE
American Capital Mortgage Investment Corp. Reports $0.85 Net Income Per Common Share For The Second Quarter And $19.47 Net Book Value Per Common Share
PR Newswire - Mon Aug 01, 3:01PM CDT
American Capital Mortgage Investment Corp. ("MTGE" or the "Company"
(Nasdaq: MTGE) today reported net income for the quarter ended June 30, 2016 of $39.0 million, or $0.85 per common share, and net book value of $19.47 per common share. Economic return, defined as dividends and the change in net book value, was 4.4% for the quarter, or 17.8% on an annualized basis.
MTGE: 16.47 (+0.11)
mREITs' Q2 Earnings to Watch on Aug 1: MTGE, ANH, AJX, RSO
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 7:37AM CDT
Some mREITs which are slated to report June quarter-end results on Aug 1 are American Capital Mortgage Investment Corp. (MTGE), Anworth Mortgage Asset Corporation (ANH), Great Ajax Corp (AJX) and Resource Capital Corp. (RSO).
RSO: 13.64 (+0.03), ANH: 4.96 (+0.04), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07), AJX: 13.97 (+0.12)
American Capital Mortgage Investment Corp. Declares Second Quarter Common Stock Dividend of $0.40 Per Share
PR Newswire - Mon Jun 13, 3:01PM CDT
American Capital Mortgage Investment Corp. (Nasdaq: MTGE) ("MTGE" or the "Company" announced today that its Board of Directors has declared a cash dividend of $0.40 per share of common stock for the second quarter 2016. The dividend is payable on July 27, 2016 to common shareholders of record as of June 30, 2016, with an ex-dividend date of June 28, 2016.
MTGE: 16.47 (+0.11)
American Capital Mortgage Investment Corp. Declares Second Quarter Dividend on Its Series A Preferred Stock
PR Newswire - Mon Jun 13, 3:01PM CDT
American Capital Mortgage Investment Corp. (Nasdaq: MTGE) ("MTGE" or the "Company" announced today that its Board of Directors has declared a cash dividend on its 8.125% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock" (Nasdaq: MTGEP) of $0.5078125 per share for the second quarter 2016. The dividend is payable on July 15, 2016 to preferred shareholders of record as of July 1, 2016, with an ex-dividend date of June 29, 2016.
MTGE: 16.47 (+0.11), MTGEP: 25.75 (+0.20)
How These REITs Stocks are Performing? - Cyrusone, Colony Capital, American Capital Mortgage Investment and Blackstone Mortgage Trust
PR Newswire - Wed May 25, 7:05AM CDT
Almost every well-diversified portfolio has a REIT stock in it, because firms in the industry are less susceptible to risks compared to those in other segments within the equities market. Today, ActiveWallSt.com has decided to shift investor's attention on four names in the Diversified REITs space: Cyrusone Inc. (NASDAQ: CONE), Colony Capital Inc. (NYSE: CLNY), American Capital Mortgage Investment Corp. (NASDAQ: MTGE), and Blackstone Mortgage Trust Inc. (NYSE: BXMT). Do not miss anything about these companies by accessing our complimentary technical alerts at:
MTGE: 16.47 (+0.11), CLNY: 17.52 (-0.26), CONE: 55.64 (+0.82), BXMT: 29.07 (+0.06)
New Strong Sell Stocks for May 24th
Swarup Gupta - Zacks Investment Research - Tue May 24, 8:50AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Tuesday.
CRS: 39.02 (-0.23), MTGE: 16.47 (+0.11), ASUR: 5.19 (+0.20), FNHC: 21.13 (+0.18), HRB: 23.92 (+0.13)
Ares Capital Corporation to Acquire American Capital, Ltd in Transaction Valued at $3.4 Billion
BusinessWire - Mon May 23, 6:51AM CDT
--In a separate transaction, American Capital announced the sale of American Capital Mortgage Management, LLC to American Capital Agency Corp. for $562 million
ACAS: 16.50 (+0.03), ARCC: 15.29 (+0.15), MTGE: 16.47 (+0.11), ARES: 17.26 (-0.09), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Mortgage Investment Corp. Announces The Signing Of Definitive Documentation Related To The Acquisition Of Its External Manager By American Capital Agency Corp. And Changes To Its Board Of Directors
PR Newswire - Mon May 23, 6:48AM CDT
American Capital Mortgage Investment Corp. ("MTGE" or the "Company" (Nasdaq: MTGE) today announced that American Capital Agency Corp. ("AGNC" (Nasdaq: AGNC) has entered into a definitive transaction agreement to acquire MTGE's external manager, American Capital MTGE Management, LLC ("MTGE Manager" from American Capital Asset Management, LLC ("ACAM", a wholly-owned portfolio company of American Capital, Ltd. ("ACAS". Under the terms of the transaction agreement, AGNC will acquire American Capital Mortgage Management, LLC ("ACMM", which is the parent company of MTGE Manager. Following the closing of the transaction, MTGE Manager, as an indirect subsidiary of AGNC, will continue to provide investment management services to MTGE on an external basis under the existing fee structure. AGNC intends to retain ACMM's current employee base, including its management, agency and non-agency investment, operations, accounting, and treasury personnel following the transaction.
ARCC: 15.29 (+0.15), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07)
American Capital Agency Corp. to Acquire Its External Manager
PR Newswire - Mon May 23, 6:47AM CDT
American Capital Agency Corp. ("AGNC" or the "Company" (Nasdaq: AGNC) today announced that it has entered into a definitive transaction agreement to acquire American Capital Mortgage Management, LLC ("ACMM" from American Capital Asset Management, LLC ("ACAM", a wholly-owned portfolio company of American Capital, Ltd. ("ACAS" (Nasdaq: ACAS). ACMM is the parent company of both American Capital AGNC Management, LLC ("AGNC Manager", the external manager of AGNC, and American Capital MTGE Management, LLC ("MTGE Manager", the external manager of American Capital Mortgage Investment Corp. ("MTGE" (Nasdaq: MTGE). The transaction was approved by a committee of AGNC's Board of Directors comprised of its independent directors (the "Special Committee". Following the transaction, AGNC will be an internally-managed residential mortgage REIT. MTGE Manager will be an indirect subsidiary of AGNC and will continue to provide investment management services to MTGE on an external basis under the existing fee structure.
ACAS: 16.50 (+0.03), ARCC: 15.29 (+0.15), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07)
Ares Capital Corporation To Acquire American Capital, Ltd. In Transaction Valued At $3.4 Billion
PR Newswire - Mon May 23, 6:44AM CDT
Ares Capital Corporation (NASDAQ: ARCC) and American Capital, Ltd. (NASDAQ: ACAS) announced today that they have entered into a definitive merger agreement under which Ares Capital will acquire American Capital, excluding American Capital Mortgage Management, LLC. This transaction enhances Ares Capital's position as the leading business development company in the United States and a leading direct lender to middle market companies. The combined company would have on a pro forma basis more than $13 billion of investments at fair value as of March 31, 2016. The Boards of Directors of both companies have unanimously approved the transaction.
ACAS: 16.50 (+0.03), ARCC: 15.29 (+0.15), MTGE: 16.47 (+0.11), ARES: 17.26 (-0.09), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Receives $97 Million from Sale of Portfolio Company The Meadows and Generates a 28% Equity Return on Its Investment
PR Newswire - Fri May 20, 12:00PM CDT
American Capital, Ltd. (Nasdaq: ACAS) ("American Capital" announced today that its portfolio company MW Acquisition Corporation ("The Meadows" or the "Company" was sold to Alita Care, LLC, a portfolio company of private equity firm Kohlberg & Company, L.L.C. American Capital received $97 million in proceeds, subject to post-closing adjustments. Over the life of the investment, American Capital realized 2.6 times its equity investment and generated a 28% compounded annual return on equity. American Capital's compounded annual rate of return earned on its debt and equity securities over the life of its investment was 22%, including dividends, interest, realized gains and fees.
ACAS: 16.50 (+0.03), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Receives $94 Million from Sale of Portfolio Company eLynx and Generates a 2.1 Money Multiple Return on Its Investment
PR Newswire - Tue May 17, 9:00AM CDT
American Capital, Ltd. (Nasdaq: ACAS) ("American Capital" announced today that its portfolio company eLynx Holdings, Inc., parent to eLynx, Inc. (the "Company", was sold to Black Knight Financial Services (NYSE: BKFS), a leading mortgage technology company, for $115 million. American Capital received $94 million in equity proceeds from the transaction, subject to post-closing adjustments. Over the life of the investment, American Capital realized 2.1 times its investment in the Company and generated a compounded annual rate of return of 11.1%, including interest, dividends and fees.
BKFS: 38.56 (-0.29), ACAS: 16.50 (+0.03), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Announces the Sale of its Portfolio Company Pacific Handy Cutter and Generates a 9.8% Return on Its Investment
PR Newswire - Mon May 16, 12:00PM CDT
American Capital, Ltd. (Nasdaq: ACAS) ("American Capital" announced today that its portfolio company PHC Sharp Holdings, Inc., parent to Pacific Handy Cutter, Inc. ("Pacific Handy Cutter" or the "Company", was sold to Levine Leichtman Capital Partners. Over the life of the investment, American Capital realized 1.8 times its investment in the Company and generated a compounded annual rate of return of 9.8%, including interest and fees.
ACAS: 16.50 (+0.03), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Agency Corp. Declares Monthly Common Stock Dividend of $0.20 per Common Share for May 2016 and Announces Estimated Net Book Value of $22.44 per Common Share as of April 30, 2016
PR Newswire - Thu May 12, 3:01PM CDT
American Capital Agency Corp. (Nasdaq: AGNC) ("AGNC" or the "Company" announced today that its Board of Directors has declared a cash dividend of $0.20 per share of common stock for May 2016. The dividend is payable on June 9, 2016 to common stockholders of record as of May 31, 2016, with an ex-dividend date of May 26, 2016.
ACAS: 16.50 (+0.03), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Receives $244 Million from Sale of Portfolio Company Service Experts and Generates a 184% Return on Its Investment
PR Newswire - Wed May 11, 2:00PM CDT
American Capital, Ltd. (Nasdaq: ACAS) ("American Capital" announced today that its portfolio company SEHAC Holdings Corporation (together with its subsidiaries, "Service Experts" or the "Company" has merged with a subsidiary of Enercare Solutions Inc., a wholly-owned subsidiary of Enercare Inc. (TSX: ECI), one of Canada's largest home and commercial services companies. The total cash consideration is $340.75 million, subject to customary working capital and other post-closing adjustments. American Capital received $244 million in proceeds, including fees and assuming full collection of escrow and other holdback amounts, and realized a capital gain of $225 million from the transaction. Over the life of the investment, American Capital realized 18 times its investment in the Company and generated a compounded annual rate of return of 184%, including interest, dividends, fees and realized gains.
ACAS: 16.50 (+0.03), MTGE: 16.47 (+0.11), ECI.TO: 17.59 (unch), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
European Capital Private Debt Fund Closes at EUR 473.5 Million
PR Newswire - Tue May 10, 9:00AM CDT
European Capital Fund Management Limited announced today that its European mid-market direct lending fund, European Capital Private Debt, LP (the "Fund", successfully reached its final close on 15 April 2016, bringing the total commitments of the Fund to EUR 473.5 million ($540 million).
ACAS: 16.50 (+0.03), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Reports NOI Before Income Taxes Of $0.40 Per Diluted Share, Net Loss Of $(0.34) Per Diluted Share And NAV Per Share Of $20.14
PR Newswire - Fri May 06, 3:55PM CDT
American Capital, Ltd. ("American Capital" or the "Company" (NASDAQ: ACAS) announced consolidated net operating income ("NOI" before income taxes for the quarter ended March 31, 2016 of $94 million, or $0.40 per diluted share, an 8% annualized return on equity. Consolidated NOI for the quarter ended March 31, 2016 was $74 million, or $0.31 per diluted share. Consolidated net loss for the quarter ended March 31, 2016 was $(80) million, or $(0.34) per diluted share. As of March 31, 2016, net asset value ("NAV" per share was $20.14, a $0.26 per share increase from the December 31, 2015 NAV per share of $19.88.
ACAS: 16.50 (+0.03), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Mortgage Investment Corp. Reports $0.85 Net Income Per Common Share For The Second Quarter And $19.47 Net Book Value Per Common Share
PR Newswire - Mon Aug 01, 3:01PM CDT
American Capital Mortgage Investment Corp. ("MTGE" or the "Company"
(Nasdaq: MTGE) today reported net income for the quarter ended June 30, 2016 of $39.0 million, or $0.85 per common share, and net book value of $19.47 per common share. Economic return, defined as dividends and the change in net book value, was 4.4% for the quarter, or 17.8% on an annualized basis. MTGE: 16.47 (+0.11)
mREITs' Q2 Earnings to Watch on Aug 1: MTGE, ANH, AJX, RSO
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 7:37AM CDT
Some mREITs which are slated to report June quarter-end results on Aug 1 are American Capital Mortgage Investment Corp. (MTGE), Anworth Mortgage Asset Corporation (ANH), Great Ajax Corp (AJX) and Resource Capital Corp. (RSO).
RSO: 13.64 (+0.03), ANH: 4.96 (+0.04), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07), AJX: 13.97 (+0.12)
American Capital Mortgage Investment Corp. Declares Second Quarter Common Stock Dividend of $0.40 Per Share
PR Newswire - Mon Jun 13, 3:01PM CDT
American Capital Mortgage Investment Corp. (Nasdaq: MTGE) ("MTGE" or the "Company"
announced today that its Board of Directors has declared a cash dividend of $0.40 per share of common stock for the second quarter 2016. The dividend is payable on July 27, 2016 to common shareholders of record as of June 30, 2016, with an ex-dividend date of June 28, 2016. MTGE: 16.47 (+0.11)
American Capital Mortgage Investment Corp. Declares Second Quarter Dividend on Its Series A Preferred Stock
PR Newswire - Mon Jun 13, 3:01PM CDT
American Capital Mortgage Investment Corp. (Nasdaq: MTGE) ("MTGE" or the "Company"
announced today that its Board of Directors has declared a cash dividend on its 8.125% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock" (Nasdaq: MTGEP) of $0.5078125 per share for the second quarter 2016. The dividend is payable on July 15, 2016 to preferred shareholders of record as of July 1, 2016, with an ex-dividend date of June 29, 2016. MTGE: 16.47 (+0.11), MTGEP: 25.75 (+0.20)
How These REITs Stocks are Performing? - Cyrusone, Colony Capital, American Capital Mortgage Investment and Blackstone Mortgage Trust
PR Newswire - Wed May 25, 7:05AM CDT
Almost every well-diversified portfolio has a REIT stock in it, because firms in the industry are less susceptible to risks compared to those in other segments within the equities market. Today, ActiveWallSt.com has decided to shift investor's attention on four names in the Diversified REITs space: Cyrusone Inc. (NASDAQ: CONE), Colony Capital Inc. (NYSE: CLNY), American Capital Mortgage Investment Corp. (NASDAQ: MTGE), and Blackstone Mortgage Trust Inc. (NYSE: BXMT). Do not miss anything about these companies by accessing our complimentary technical alerts at:
MTGE: 16.47 (+0.11), CLNY: 17.52 (-0.26), CONE: 55.64 (+0.82), BXMT: 29.07 (+0.06)
New Strong Sell Stocks for May 24th
Swarup Gupta - Zacks Investment Research - Tue May 24, 8:50AM CDT
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Tuesday.
CRS: 39.02 (-0.23), MTGE: 16.47 (+0.11), ASUR: 5.19 (+0.20), FNHC: 21.13 (+0.18), HRB: 23.92 (+0.13)
Ares Capital Corporation to Acquire American Capital, Ltd in Transaction Valued at $3.4 Billion
BusinessWire - Mon May 23, 6:51AM CDT
--In a separate transaction, American Capital announced the sale of American Capital Mortgage Management, LLC to American Capital Agency Corp. for $562 million
ACAS: 16.50 (+0.03), ARCC: 15.29 (+0.15), MTGE: 16.47 (+0.11), ARES: 17.26 (-0.09), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Mortgage Investment Corp. Announces The Signing Of Definitive Documentation Related To The Acquisition Of Its External Manager By American Capital Agency Corp. And Changes To Its Board Of Directors
PR Newswire - Mon May 23, 6:48AM CDT
American Capital Mortgage Investment Corp. ("MTGE" or the "Company"
(Nasdaq: MTGE) today announced that American Capital Agency Corp. ("AGNC" (Nasdaq: AGNC) has entered into a definitive transaction agreement to acquire MTGE's external manager, American Capital MTGE Management, LLC ("MTGE Manager" from American Capital Asset Management, LLC ("ACAM", a wholly-owned portfolio company of American Capital, Ltd. ("ACAS". Under the terms of the transaction agreement, AGNC will acquire American Capital Mortgage Management, LLC ("ACMM", which is the parent company of MTGE Manager. Following the closing of the transaction, MTGE Manager, as an indirect subsidiary of AGNC, will continue to provide investment management services to MTGE on an external basis under the existing fee structure. AGNC intends to retain ACMM's current employee base, including its management, agency and non-agency investment, operations, accounting, and treasury personnel following the transaction. ARCC: 15.29 (+0.15), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07)
American Capital Agency Corp. to Acquire Its External Manager
PR Newswire - Mon May 23, 6:47AM CDT
American Capital Agency Corp. ("AGNC" or the "Company"
(Nasdaq: AGNC) today announced that it has entered into a definitive transaction agreement to acquire American Capital Mortgage Management, LLC ("ACMM" from American Capital Asset Management, LLC ("ACAM", a wholly-owned portfolio company of American Capital, Ltd. ("ACAS" (Nasdaq: ACAS). ACMM is the parent company of both American Capital AGNC Management, LLC ("AGNC Manager", the external manager of AGNC, and American Capital MTGE Management, LLC ("MTGE Manager", the external manager of American Capital Mortgage Investment Corp. ("MTGE" (Nasdaq: MTGE). The transaction was approved by a committee of AGNC's Board of Directors comprised of its independent directors (the "Special Committee". Following the transaction, AGNC will be an internally-managed residential mortgage REIT. MTGE Manager will be an indirect subsidiary of AGNC and will continue to provide investment management services to MTGE on an external basis under the existing fee structure. ACAS: 16.50 (+0.03), ARCC: 15.29 (+0.15), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07)
Ares Capital Corporation To Acquire American Capital, Ltd. In Transaction Valued At $3.4 Billion
PR Newswire - Mon May 23, 6:44AM CDT
Ares Capital Corporation (NASDAQ: ARCC) and American Capital, Ltd. (NASDAQ: ACAS) announced today that they have entered into a definitive merger agreement under which Ares Capital will acquire American Capital, excluding American Capital Mortgage Management, LLC. This transaction enhances Ares Capital's position as the leading business development company in the United States and a leading direct lender to middle market companies. The combined company would have on a pro forma basis more than $13 billion of investments at fair value as of March 31, 2016. The Boards of Directors of both companies have unanimously approved the transaction.
ACAS: 16.50 (+0.03), ARCC: 15.29 (+0.15), MTGE: 16.47 (+0.11), ARES: 17.26 (-0.09), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Receives $97 Million from Sale of Portfolio Company The Meadows and Generates a 28% Equity Return on Its Investment
PR Newswire - Fri May 20, 12:00PM CDT
American Capital, Ltd. (Nasdaq: ACAS) ("American Capital"
announced today that its portfolio company MW Acquisition Corporation ("The Meadows" or the "Company" was sold to Alita Care, LLC, a portfolio company of private equity firm Kohlberg & Company, L.L.C. American Capital received $97 million in proceeds, subject to post-closing adjustments. Over the life of the investment, American Capital realized 2.6 times its equity investment and generated a 28% compounded annual return on equity. American Capital's compounded annual rate of return earned on its debt and equity securities over the life of its investment was 22%, including dividends, interest, realized gains and fees. ACAS: 16.50 (+0.03), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Receives $94 Million from Sale of Portfolio Company eLynx and Generates a 2.1 Money Multiple Return on Its Investment
PR Newswire - Tue May 17, 9:00AM CDT
American Capital, Ltd. (Nasdaq: ACAS) ("American Capital"
announced today that its portfolio company eLynx Holdings, Inc., parent to eLynx, Inc. (the "Company", was sold to Black Knight Financial Services (NYSE: BKFS), a leading mortgage technology company, for $115 million. American Capital received $94 million in equity proceeds from the transaction, subject to post-closing adjustments. Over the life of the investment, American Capital realized 2.1 times its investment in the Company and generated a compounded annual rate of return of 11.1%, including interest, dividends and fees. BKFS: 38.56 (-0.29), ACAS: 16.50 (+0.03), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Announces the Sale of its Portfolio Company Pacific Handy Cutter and Generates a 9.8% Return on Its Investment
PR Newswire - Mon May 16, 12:00PM CDT
American Capital, Ltd. (Nasdaq: ACAS) ("American Capital"
announced today that its portfolio company PHC Sharp Holdings, Inc., parent to Pacific Handy Cutter, Inc. ("Pacific Handy Cutter" or the "Company", was sold to Levine Leichtman Capital Partners. Over the life of the investment, American Capital realized 1.8 times its investment in the Company and generated a compounded annual rate of return of 9.8%, including interest and fees. ACAS: 16.50 (+0.03), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Agency Corp. Declares Monthly Common Stock Dividend of $0.20 per Common Share for May 2016 and Announces Estimated Net Book Value of $22.44 per Common Share as of April 30, 2016
PR Newswire - Thu May 12, 3:01PM CDT
American Capital Agency Corp. (Nasdaq: AGNC) ("AGNC" or the "Company"
announced today that its Board of Directors has declared a cash dividend of $0.20 per share of common stock for May 2016. The dividend is payable on June 9, 2016 to common stockholders of record as of May 31, 2016, with an ex-dividend date of May 26, 2016. ACAS: 16.50 (+0.03), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Receives $244 Million from Sale of Portfolio Company Service Experts and Generates a 184% Return on Its Investment
PR Newswire - Wed May 11, 2:00PM CDT
American Capital, Ltd. (Nasdaq: ACAS) ("American Capital"
announced today that its portfolio company SEHAC Holdings Corporation (together with its subsidiaries, "Service Experts" or the "Company" has merged with a subsidiary of Enercare Solutions Inc., a wholly-owned subsidiary of Enercare Inc. (TSX: ECI), one of Canada's largest home and commercial services companies. The total cash consideration is $340.75 million, subject to customary working capital and other post-closing adjustments. American Capital received $244 million in proceeds, including fees and assuming full collection of escrow and other holdback amounts, and realized a capital gain of $225 million from the transaction. Over the life of the investment, American Capital realized 18 times its investment in the Company and generated a compounded annual rate of return of 184%, including interest, dividends, fees and realized gains. ACAS: 16.50 (+0.03), MTGE: 16.47 (+0.11), ECI.TO: 17.59 (unch), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
European Capital Private Debt Fund Closes at EUR 473.5 Million
PR Newswire - Tue May 10, 9:00AM CDT
European Capital Fund Management Limited announced today that its European mid-market direct lending fund, European Capital Private Debt, LP (the "Fund"
, successfully reached its final close on 15 April 2016, bringing the total commitments of the Fund to EUR 473.5 million ($540 million). ACAS: 16.50 (+0.03), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
American Capital Reports NOI Before Income Taxes Of $0.40 Per Diluted Share, Net Loss Of $(0.34) Per Diluted Share And NAV Per Share Of $20.14
PR Newswire - Fri May 06, 3:55PM CDT
American Capital, Ltd. ("American Capital" or the "Company"
(NASDAQ: ACAS) announced consolidated net operating income ("NOI" before income taxes for the quarter ended March 31, 2016 of $94 million, or $0.40 per diluted share, an 8% annualized return on equity. Consolidated NOI for the quarter ended March 31, 2016 was $74 million, or $0.31 per diluted share. Consolidated net loss for the quarter ended March 31, 2016 was $(80) million, or $(0.34) per diluted share. As of March 31, 2016, net asset value ("NAV" per share was $20.14, a $0.26 per share increase from the December 31, 2015 NAV per share of $19.88. ACAS: 16.50 (+0.03), MTGE: 16.47 (+0.11), AGNC: 19.66 (+0.07), ACSF: 10.37 (-0.02)
