Ares Capital Corporation Prices Public Offering

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Feb 11, 2021
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Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced a public offering of 13,500,000 shares of its common stock. Ares Capital has granted the underwriters an option to purchase up to an additional 2,025,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on February 16, 2021. The offering of the shares is being made under Ares Capital’s shelf registration statement filed with the Securities and Exchange Commission on September 16, 2020, which became effective automatically upon filing. On February 10, 2021, the official close price of Ares Capital’s common stock on The NASDAQ Global Select Market under the symbol “ARCC” was $18.50 per share.