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Key Stock Data
The current last sale of $25.18 is 3.20% Higher than the 52 week low.
|Intraday||Last 52 Weeks|
|High:||$ 25.18||$ 26.311|
|Low:||$ 25||$ 24.40|
Company Description (as filed with the SEC)
Ares Capital Corporation, a Maryland corporation (together with its subsidiaries, where applicable, "Ares Capital" or the "Company," which may also be referred to as "we," "us" or "our"), is a specialty finance company that is a closed-end, non-diversified management investment company. We have elected to be regulated as a business development company ("BDC") under the Investment Company Act of 1940, as amended and the rules and regulations promulgated thereunder, the "Investment Company Act." We were founded on April 16, 2004, were initially funded on June 23, 2004 and completed our initial public offering ("IPO") on October 8, 2004. As of December 31, 2017, we were the largest BDC in the U.S. with approximately $12.3 billion of total assets. We are externally managed by Ares Capital Management LLC ("Ares Capital Management" or our "investment adviser"), a subsidiary of Ares Management, L.P. ... More ...