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Prospect News home > News index > List of issuers A > Headlines for Ares Capital Corp. > News item
Published on 1/8/2020 in the Prospect News Investment Grade Daily.

Ares Capital talks five-year notes at Treasuries plus 190 bps area

By Cristal Cody

Tupelo, Miss., Jan. 8 – Ares Capital Corp. plans to price a dollar-denominated offering of five-year senior notes (Baa3/BBB-/BBB) on Wednesday, according to a market source.

Initial guidance on the notes due July 15, 2025 is in the Treasuries plus 190 basis points area.

BofA Securities, Inc., J.P. Morgan Securities LLC and SunTrust Robinson Humphrey Inc. are the bookrunners.

The specialty finance company is based in New York.


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