JPMorgan, SunTrust, Others Lead Ares Facility Upsize to $3.5B
In conjunction with Ares Capital’s acquisition of American Capital, the company increased its credit facility from $2.2 billion to $3.5 billion.
In conjunction with Ares Capital’s acquisition of American Capital, the company increased its credit facility from $2.2 billion to $3.5 billion.
Reuters reported that Antares Capital is arranging a $395 million term loan for August Sportswear, which will replace its existing $367 million unitranche loan with GE Capital and Ares Capital.
Ares Capital served as administrative agent for a $1.075 billion unitranche credit facility to support the acquisition of Qlik by private equity firm Thomas Bravo.
Ares Capital served as administrative and collateral agent, joint lead arranger and joint bookrunner for the $1.075 billion unitranche credit facility in support of Thoma Bravo’s acquisition of Qlik.
Ares Capital closed over $530 million across 11 transactions in Q2/16.
Ares Capital amended and restated its senior secured revolving credit facility, increasing it to $1.265 billion. JPMorgan Chase was administrative agent for the transaction.
Ares Capital closed $970 million in new commitments in Q4/15 and closed $3.8 billion in total new commitments in 2015.
Green Charge Networks has closed on $20 million in non-recourse project finance debt plus a $30 million accordion from Ares Capital.
According to a SEC filing, the ING Group purchased shares of Ares Capital valued at $8.5 million.
Ares Capital provided more than $1.5 billion in financing commitments during Q3/15 encompassing eight transactions that are briefly detailed in a unique deal summary.