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Ares Capital Corporation to Present at Fitch Ratings BDC Conference 2021
Rhea-AI Impact
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Rhea-AI Sentiment
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Rhea-AI Summary
Ares Capital Corporation (NASDAQ: ARCC) announced that Penni Roll, CFO, will present at the Fitch Ratings BDC Conference on November 16, 2021, at 3:00 PM EDT. A live audio webcast will be accessible in the Investor Resources section of the company’s website at www.arescapitalcorp.com. Ares Capital, the largest BDC by market capitalization as of September 30, 2021, focuses on providing loans to private middle-market companies, aiming for attractive current income and potential capital appreciation for investors.
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NEW YORK--(BUSINESS WIRE)--
Ares Capital Corporation (“Ares Capital”) (NASDAQ:ARCC) announced today that Penni Roll, Ares Capital’s Chief Financial Officer, is scheduled to present in person at the Fitch Ratings BDC Conference on Tuesday, November 16, 2021 at 3:00 pm EDT.
A live audio webcast of the presentation will be available in the Investor Resources section of the Company’s website at www.arescapitalcorp.com. For those unable to listen to the live audio webcast, a replay will be available on the Company’s website shortly after the event.
ABOUT ARES CAPITAL CORPORATION
Ares Capital is a leading specialty finance company focused on providing direct loans and other investments in private middle market companies in the United States. Ares Capital’s objective is to source and invest in high-quality borrowers that need capital to achieve their business goals, which often leads to economic growth and employment. Ares Capital believes its loans and other investments in these companies can generate attractive levels of current income and potential capital appreciation for investors. Ares Capital, through its investment manager, utilizes its extensive, direct origination capabilities and incumbent borrower relationships to source and underwrite predominantly senior secured loans but also subordinated debt and equity investments. Ares Capital has elected to be regulated as a business development company (“BDC”) and is the largest BDC by market capitalization as of September 30, 2021. Ares Capital is externally managed by a subsidiary of Ares Management Corporation (NYSE: ARES), a publicly traded, leading global alternative investment manager.
FORWARD-LOOKING STATEMENTS
Statements included herein may constitute “forward-looking statements,” which relate to future events or Ares Capital’s future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties, including the impact of the COVID-19 pandemic and related changes in base interest rates and significant market volatility on Ares Capital’s business, Ares Capital’s portfolio companies, Ares Capital’s industry and the global economy. Actual results and conditions may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Ares Capital’s filings with the Securities and Exchange Commission. Ares Capital undertakes no duty to update any forward-looking statements made herein.