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Ares Capital Corporation Prices Public Offering of $750 Million 5.500% Unsecured Notes Due 2030

1. ARCC priced a $750 million public offering of 5.500% notes due 2030. 2. The notes may be redeemed early at par plus premium.

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Why Bullish?

This bond offering indicates ARCC's strong market position. Historically, well-received offerings have positively influenced stock prices.

How important is it?

The capital raised via a public offering can be pivotal for growth and stability, appealing to investors.

Why Short Term?

The immediate effect of capital raised can enhance liquidity and operational flexibility, influencing short-term investor sentiment.

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NEW YORK--(BUSINESS WIRE)--Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $750 million in aggregate principal amount of 5.500% notes due 2030. The notes will mature on September 1, 2030 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. BofA Securities, Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Wells Fargo Se.

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