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Ares Capital Corporation (ARCC) provides investors and financial professionals with comprehensive updates on its middle-market financing activities. This centralized resource aggregates official announcements, strategic developments, and operational milestones from the leading business development company.
Access timely information about ARCC's senior secured lending practices, mezzanine debt investments, and portfolio management strategies. The curated collection includes earnings reports, regulatory disclosures, partnership announcements, and leadership updates – all essential for understanding the company's position in specialty finance markets.
Our news archive serves as a strategic tool for monitoring ARCC's risk management approaches, dividend declarations, and capital allocation decisions. Bookmark this page for direct access to primary source materials that inform investment analysis and market research.
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.
Ares Capital Corporation (Nasdaq: ARCC) has priced a public offering of $850 million in 2.875% notes due June 15, 2028. The notes can be redeemed at Ares Capital's option at any time at par with a potential make-whole premium. The offering is led by several financial institutions and is expected to close on June 10, 2021. The proceeds will be used to repay outstanding debt under its facilities and for general corporate purposes, including investments in portfolio companies. Investors are advised to review the accompanying prospectus and consider the investment risks.
Ares Capital Corporation (NASDAQ:ARCC) announced that Co-President Michael Smith will present at the Deutsche Bank 11th Annual Financial Services Conference on June 1, 2021, at 12:40 PM EDT. The presentation will be available via a live audio webcast on the company's website. Ares Capital is a leading specialty finance company focusing on direct loans to private middle-market firms in the U.S. It aims to generate current income and capital appreciation for investors, operating as the largest business development company by market capitalization as of March 31, 2021.
Ares Capital Corporation (NASDAQ: ARCC) has declared a second quarter dividend of $0.40 per share, payable on June 30, 2021. The company reported strong financial results for Q1 2021, including a GAAP net income of $373 million or $0.87 per share, and a core EPS of $0.43. Total assets stood at $16 billion with a net asset value per share of $17.45. Ares Capital made $1.8 billion in new investment commitments in Q1, highlighting a robust portfolio that continues to thrive amidst economic recovery.
Ares Capital Corporation (NASDAQ: ARCC) will report its earnings for Q1 2021 on April 28, 2021, before the Nasdaq opens. A conference call and webcast will be held at 11:00 a.m. ET on the same day to discuss the financial results. Ares Capital focuses on providing direct loans and investments in middle market companies in the U.S., aiming to generate income and capital appreciation. As of March 31, 2021, it is the largest business development company by market capitalization. Risks include COVID-19 impacts and market volatility affecting performance.
Ares Capital Corporation (NASDAQ:ARCC) announced that CEO Kipp deVeer will present at the 2021 RBC Capital Markets Financial Institutions Conference on March 9, 2021, at 4:00 pm EST. A live audio webcast will be available on the company’s website for those interested. Established in 2004, Ares Capital is a premier specialty finance company focusing on direct loans to private middle market companies in the U.S., aiming to deliver attractive income and capital appreciation for investors.
Ares Capital Corporation (Nasdaq: ARCC) has announced a public offering of 13,500,000 shares of its common stock, with an option for underwriters to purchase an additional 2,025,000 shares. The offering is registered under a shelf registration statement effective since September 16, 2020. Proceeds from the offering will be utilized to repay outstanding debt, with potential reborrowing for general corporate purposes. The offering is managed by BofA Securities, Morgan Stanley, and Wells Fargo.
Ares Capital Corporation has announced a dividend of $0.40 per share for Q1 2021, payable on March 31, 2021. For the fourth quarter ended December 31, 2020, the company reported GAAP net income of $378 million ($0.89 per share) and Core EPS of $0.54. The total assets reached $16.2 billion, with a portfolio fair value of $15.5 billion. Ares Capital made significant new investment commitments totaling $3.9 billion in Q4 2020, with a weighted average yield of 8.0%. Despite challenges from the COVID-19 pandemic, the firm maintains a strong investment portfolio and balance sheet.
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