Ares Capital Provides Regent Debt Financing
Regent Education announced a $9 million round of funding to support and accelerate the company’s growth. Ares Capital provided $5 million of debt financing.
Regent Education announced a $9 million round of funding to support and accelerate the company’s growth. Ares Capital provided $5 million of debt financing.
Ares Capital provided additional details on three of its financing commitments closed during the first quarter of 2014. Ares Capital’s transactions totaled $852 million in the first quarter.
Ares Capital announced that its investment adviser, Ares Capital Management, has added Grant Haggard and Brian Moncrief as managing directors to expand its middle market sponsor coverage strategy.
The Senior Secured Loan Program, jointly managed by an affiliate of Ares Capital and an affiliate of GE Capital, closed 13 financing transactions in Q4/13 totaling $2.2 billion.
Ares Capital announced it acquired a diversified middle-market corporate loan portfolio managed by a global banking institution for approximately $319 million.
The Senior Secured Loan Program, jointly managed by an affiliate of Ares Capital and an affiliate of GE Capital, said its total available capital has increased from $9 billion to $11 billion.
The Senior Secured Loan Program, jointly managed by an affiliate of Ares Capital and an affiliate of GE Capital, closed seven transactions, totaling $1.1 billion during the second quarter of 2013.
Ares Capital said it plans to make a private offering of $250 million aggregate principal amount of its Convertible Senior Notes due 2019.