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Prospect News home > News index > List of issuers A > Headlines for Ares Capital Corp. > News item |
S&P gives Ares notes BBB-
S&P said it assigned its BBB- debt rating to Ares Capital Corp.'s planned issuance of up to $750 million of senior unsecured notes due 2026.
ARCC expects to use the proceeds to repay borrowings under its revolving credit facilities.
S&P rates ARCC BBB- with a stable outlook.
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