Welcome to our dedicated page for Ares Capital news (Ticker: ARCC), a resource for investors and traders seeking the latest updates and insights on Ares Capital stock.
Ares Capital news coverage focuses on quarterly earnings reports that detail net investment income, portfolio performance, and distribution announcements critical to income investors. As one of the largest business development companies, ARCC's financial results and management commentary provide insight into middle-market lending conditions and private credit markets.
The company generates news through dividend declarations, which occur quarterly as required by BDC regulations mandating distribution of substantially all taxable income. Coverage also includes portfolio activity announcements, new investment originations, and exits from mature positions. These developments reveal how the company deploys capital across industries and economic cycles.
Investor presentations and conference participation produce news about Ares Capital's investment strategy, market outlook, and portfolio credit quality. Management discusses factors affecting net asset value, including fair value adjustments and portfolio company performance trends. This commentary helps investors understand how economic conditions impact the middle-market lending environment.
Bond issuances and credit facility amendments generate coverage of the company's funding strategy and cost of capital. As a leveraged investment vehicle, Ares Capital's ability to access attractively priced debt financing directly affects returns on shareholder equity. News about rating agency actions and refinancing activity provides context on the company's financial flexibility and leverage management.
Ares Capital Corporation (NASDAQ: ARCC) will report its earnings for the fourth quarter and fiscal year ended December 31, 2021, on February 9, 2022, before the market opens. A conference call is scheduled for 11:00 a.m. ET on the same day to discuss the results. Interested participants can join via telephone or a live webcast available on Ares Capital’s investor website. Ares Capital is a leading specialty finance company that provides loans to private middle-market companies, aiming for attractive income and capital appreciation for its investors.
Ares Capital Corporation (NASDAQ: ARCC) announced that Penni Roll, CFO, will present at the Fitch Ratings BDC Conference on November 16, 2021, at 3:00 PM EDT. A live audio webcast will be accessible in the Investor Resources section of the company’s website at www.arescapitalcorp.com. Ares Capital, the largest BDC by market capitalization as of September 30, 2021, focuses on providing loans to private middle-market companies, aiming for attractive current income and potential capital appreciation for investors.
Ares Capital Corporation (ARCC) has priced a public offering of $700 million in aggregate principal amount of 3.200% notes due 2031. The notes will mature on November 15, 2031 and are redeemable at Ares Capital’s option at any time at par plus a make-whole premium. The offering is expected to close on November 4, 2021. Funds from this offering will be used to repay outstanding debt and for general corporate purposes, including investments in portfolio companies. Major underwriters include BofA Securities and J.P. Morgan.
Ares Capital Corporation (NASDAQ: ARCC) declared a fourth quarter dividend of $0.41 per share, payable on December 30, 2021. The company reported its Q3 2021 financial results, showing a core EPS of $0.47, up from $0.39 in Q3 2020. GAAP net income per share decreased to $0.73 from $1.04 year-over-year. The portfolio's fair value reached $17.7 billion, supported by robust new investments totaling $3.1 billion. Ares Capital maintained a debt/equity ratio of 1.17 and had $1.2 billion in cash as of September 30, 2021, reinforcing its financial flexibility and market position.
Ares Capital Corporation (ARCC) will report its third-quarter earnings for the period ending September 30, 2021, on October 26, 2021, prior to the Nasdaq opening. Following the report, a conference call will be held at 12:00 p.m. ET to discuss the results. Interested parties can join via phone or online. Ares Capital focuses on providing loans to private middle-market companies in the U.S., aiming to generate attractive income and capital appreciation for investors. As of September 30, 2021, it is the largest business development company by market capitalization.
Ares Capital Corporation (NASDAQ: ARCC) announced that CEO Kipp deVeer will present at the Barclays Virtual Global Financial Services Conference on September 14, 2021, at 11:15 am EDT. The presentation will be accessible via a live audio webcast on the company's website, with a replay available until September 14, 2022. Founded in 2004, Ares Capital specializes in direct loans to private middle-market companies in the U.S., focusing on high-quality borrowers. As of June 30, 2021, Ares Capital is the largest BDC by market capitalization.
Ares Capital Corporation (Nasdaq: ARCC) plans to publicly offer 12,500,000 shares of its common stock, with an option for underwriters to purchase an additional 1,875,000 shares. This offering is conducted under a shelf registration statement effective since June 3, 2021. Proceeds will be used to repay existing debts and for general corporate purposes, including investments in portfolio companies. The offering is managed by several leading financial institutions, including Morgan Stanley and BofA Securities.
Ares Capital Corporation (ARCC) has declared a third-quarter dividend of $0.41 per share, up from $0.40 in the prior quarter. This dividend is payable on September 30, 2021, to shareholders of record as of September 15, 2021. For Q2 2021, Ares reported a core EPS of $0.53 and GAAP net income of $478 million, representing an increase from $277 million in Q2 2020. The company achieved record NAV per share and substantial investment activity, committing $4.8 billion during the quarter, with a debt/equity ratio of 1.16.
Ares Capital Corporation (NASDAQ: ARCC) will report its earnings for Q2 2021 on July 28, 2021, before the market opens. A conference call will occur at 12:00 p.m. ET the same day, allowing interested parties to discuss the financial results. The call can be accessed via telephone or live webcast, with instructions provided on Ares Capital's website. Founded in 2004, Ares Capital focuses on lending to private middle market companies in the U.S., aiming to produce income and capital appreciation for investors.
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