- 24/7 Wall St.•3 days ago
These stocks have outstanding upside potential and far less downside than high-flying momentum stocks. Plus, they could very well help investors catch up in their own portfolios.
- Business Wire•6 days agoAres Capital Corporation and American Capital, Ltd. To Hold Stockholder Meetings for Adoption of Merger on December 15, 2016
Ares Capital Corporation and American Capital, Ltd. have announced the scheduling of meetings of their respective stockholders to be held on December 15, 2016 to seek adoption of the merger agreement, which is necessary to complete the mergers, and approval of certain other matters from such stockholders.
- Reuters•11 days ago
By Leela Parker Deo Athletic apparel maker Augusta Sportswear is tapping the loan market with a US$435m all-senior covenant-lite deal that refinances the company's existing, and more costly, unitranche debt, effectively lowering interest expense and gaining flexibility. At a time when middle market leveraged loans are increasingly being clubbed between a handful of lenders that have existing relationships with financial sponsors, both the size and nature of the transaction necessitate a more institutional-style execution, banking sources said. "No covenant means the company needs to execute the deal in the broadly syndicated institutional market," said one middle market lender, adding that at approximately 5.0 times total debt to Ebitda, leverage is at the upper end for a deal comprised of only senior debt.
Ares Capital Corporation (ARCC)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||15.40 x 200|
|Ask||15.55 x 2100|
|Day's Range||15.39 - 15.48|
|52wk Range||12.31 - 16.43|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||11.90|
|Avg Vol (3m)||1,973,076|
|Dividend & Yield||N/A (N/A)|