Peco
Forumer storico
Appunto
Guardando gli altri filings della SEC sbaglio o hanno emesso nuovo bond ad un tasso ridicolo?
New Issue: Ares Capital Corporation 5-year reopening
Issuer: Ares Capital Corporation (“ARCC”)
Format: SEC Registered - Senior Unsecured
Ratings*: Baa3/BBB-/BBB (Stable/Stable/Negative)
Tap (Increase): Yes, ARCC 2.150% 07/15/26 Corp
Size: $300MM
Coupon: 2.150%
Maturity: July 15, 2026
Change of Control: Yes, 100% (See Red)
Active Bookrunners: BofA/ JPM (B&D)/ SMBC/ WFS
IPTs: T+ 180 bps area
UOP: Repay outstanding indebtedness
Denominations: $2000 x $1000
Optional Redemption: Make-Whole, 1 Month Par Call
Settlement: T+5 (March 2, 2021)
Timing: Today’s Business
Sales into Canada: Yes, exemption
Se confrontati con i rendimenti medi offerti da titoli simili per struttura e rischio non sono poi cosi male.