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BRIEF-Ares Capital Corp expands credit facilities
January 4, 2017 / 10:03 PM / 9 months ago

BRIEF-Ares Capital Corp expands credit facilities

Jan 5 (Reuters) - Ares Capital Corp

* Ares Capital Corporation expands credit facilities in conjunction with acquisition of american capital, ltd.

* Ares capital - increased total debt facility capacity from $2.2 billion to $3.5 billion, including commitment increases, extensions on two of its three facilities

* Ares Capital Corp says total commitments to facility increased from $540 million to $1.0 billion

* Ares Capital - in addition, co expanded and extended maturity of its revolving funding facility with wells fargo and bank of America Merrill Lynch

* Ares Capital Corp says final maturity of facility was extended from May 2019 to January 2022 Source text for Eikon: Further company coverage:

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