American Capital Raises $1 Billion

Jul 20 2007 | 10:47am ET

Alternative asset management firm American Capital Strategies this week raised $1 billion in its public offering.

Approximately 22.4 million shares of common stock were sold in the offering at $45.05 per share.

American Capital expects to use most of net proceeds, approximately $748 million, from the direct sale of 17.4 million shares of common stock for general corporate purposes, including investment and lending activities and to repay debts owed under existing revolving credit facilities.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...