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Ares Capital Announces New Equity Distribution Agreements

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Ares Capital Announces New Equity Distribution Agreements

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An update from Ares Capital ( (ARCC) ) is now available.

On February 5, 2025, Ares Capital Corporation entered into new equity distribution agreements with Truist, Jefferies, Mizuho, RBC, and Regions, enabling the potential sale of up to $1.5 billion in common stock. These agreements, which replace older agreements from July 2024, allow for sales based on market conditions and include standard terms such as commission rates and termination provisions.

More about Ares Capital

Ares Capital Corporation is a leading specialty finance company that primarily provides financing solutions to U.S. middle-market companies, focusing on senior secured loans and mezzanine debt. It operates in the business development company sector and aims to generate both current income and capital appreciation through debt and equity investments.

YTD Price Performance: 7.20%

Average Trading Volume: 4,521,393

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $15.38B

Learn more about ARCC stock on TipRanks’ Stock Analysis page.

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