24.05.2016 01:42:00

American Capital, Ltd. -- Moody's revises the outlook of Ares Capital to negative, places American Capital ratings on review for Upgrade

New York, May 23, 2016 -- Moody's Investors Service, ("Moody's") affirmed the Ba1 Corporate Family and senior unsecured ratings of Ares Capital Corporation ("ARCC") and changed the rating outlook to negative. Moody's also placed the B2 Corporate Family, B2 Senior Secured , and B3 Senior Unsecured ratings of American Capital, Ltd. ( "ACAS") on review for upgrade. This follows ARCC's announcement that it will acquire ACAS, excluding American Capital Mortgage Management, LLC ("ACMM"), which ACAS will sell in a separate transaction.

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