ARES CAPITAL CORPORATION (NASDAQ:ARCC) Files An 8-K Other Events

ME Staff 8-k
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ARES CAPITAL CORPORATION (NASDAQ:ARCC) Files An 8-K Other Events
Item 8.01 Other Events.

As part of the annual governance review by the Ares Capital Corporation (“Ares Capital”) board of directors in 2017, the board of directors will discuss the restrictions in Ares Capital’s Articles of Amendment and Restatement on the ability of stockholders to amend Ares Capital’s Second Amended and Restated Bylaws. This review is in response to recently updated voting guidelines issued by a proxy advisory firm.


About ARES CAPITAL CORPORATION (NASDAQ:ARCC)

Ares Capital Corporation is a specialty finance company that is a closed-end, non-diversified management investment company. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments. The Company invests primarily in the United States middle-market companies. The Company invests in first lien senior secured loans (including unitranche loans, which are loans that combine both senior and mezzanine debt, generally in a first lien position), second lien senior secured loans and mezzanine debt, which in some cases includes an equity component. The Company focuses on self-originating most of its investments by pursuing an array of investment opportunities in middle-market companies, venture capital backed businesses and power generation projects across multiple channels. It also makes preferred and/or common equity investments. The Company is externally managed by its investment advisor, Ares Capital Management LLC.

ARES CAPITAL CORPORATION (NASDAQ:ARCC) Recent Trading Information

ARES CAPITAL CORPORATION (NASDAQ:ARCC) closed its last trading session down -0.01 at 16.39 with 2,740,922 shares trading hands.