Tous Actualités
Suivre
Abonner American Capital Strategies Ltd.

American Capital Strategies Ltd.

American Capital Issues US$167 Million in Unsecured Debt

Bethesda, Maryland (ots/PRNewswire)

American Capital Strategies
Ltd. (Nasdaq: ACAS) announced today it has issued US$167 million of
long-term unsecured five- and seven-year notes in a private
placement. The five-year notes, which totaled US$82 million, have a
fixed interest rate of 5.92%. The seven-year notes, which totaled
US$85 million, have a fixed interest rate of 6.46%. Net proceeds from
the sale of the notes will be used to repay outstanding indebtedness
under the American Capital's revolving credit facilities and for
general corporate purposes.
The securities referred to herein have not been registered under
the Securities Act of 1933 and may not be offered or sold in the
United States absent registration or an applicable exemption from the
registration requirements of such Act. This announcement does not
constitute an offer to sell or the solicitation of any offer to buy
any of the securities. This announcement appears as a matter of
record only.
ABOUT AMERICAN CAPITAL
As of August 31, 2004, American Capital shareholders have enjoyed
a total return of 281% since the Company's IPO -- an annualized
return of 21%, assuming reinvestment of dividends. American Capital
has paid a total of US$524 million in dividends and paid or declared
US$15.24 dividends per share since its August 1997 IPO at US$15 per
share.
American Capital is a publicly traded buyout and mezzanine fund
with capital resources over US$3.6 billion. American Capital is an
investor in and sponsor of management and employee buyouts; invests
in private equity sponsored buyouts; and provides capital directly to
private and small public companies. American Capital provides senior
debt, mezzanine debt and equity to fund growth, acquisitions and
recapitalizations. For more information about American Capital, go to
http://www.AmericanCapital.com.
This press release contains forward-looking statements. The
statements regarding expected results of American Capital Strategies
are subject to various factors and uncertainties, including the
uncertainties associated with the timing of transaction closings,
changes in interest rates, availability of transactions, changes in
regional or national economic conditions, or changes in the
conditions of the industries in which American Capital has made
investments.
Web site: http://www.americancapital.com

Contact:

John Erickson, CFO, +1-301-951-6122, or Tom McHale, Vice President,
Finance and Investor Relations, +1-301-951-6122, both of American
Capital Strategies Ltd. FCMN Contact:
Brian.Maney@AmericanCapital.com

Plus de actualités: American Capital Strategies Ltd.
Plus de actualités: American Capital Strategies Ltd.
  • 07.09.2004 – 06:02

    American Capital Announces Public Offering of Common Stock

    Bethesda, Maryland (ots/PRNewswire) - American Capital Strategies Ltd. ("American Capital" or the "Company") (Nasdaq: ACAS) announced today it plans to make a public offering of 10,000,000 shares of its common stock, of which 6,000,000 shares are being offered by the underwriters in connection with agreements to purchase common stock from American Capital at a future date as discussed below and 4,000,000 shares are ...