Tuesday, 2 June 2015
Last updated 8 hours ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…