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Non-Tech : Income Investing
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From: brehm2339/4/2025 2:46:35 PM
   of 52046
 
from another mb, fwiw

Ares Capital (NASDAQ:ARCC) announced on Tuesday that it has priced an underwritten public offering of $650 million in aggregate principal amount of 5.100% notes due 2031.
The notes will mature on January 15, 2031, and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable.
Ares Capital expects to use the net proceeds of this offering to repay certain outstanding indebtedness under its debt facilities.
Ares Capital may reborrow under its debt facilities for general corporate purposes, which include investing in portfolio companies in accordance with its investment objective.
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