- Language: English
- Published: October 2012
- Region: Colombia
ARES Capital Corp. Outlook Revised To Positive From Stable; 'BBB' Rating Affirmed Jun 11
- Published: June 2011
- Standard & Poors
ARES has improved its market position, enhanced its nonaccrual loan and interest-coverage metrics, and is on track with its stated goal to reposition the legacy Allied Capital portfolio into higher-yielding assets. We are revising the outlook to positive from stable and affirming the ratings. If ARES's financial profile, capital, and funding base remain stable, we could raise the ratings. NEW YORK (Standard & Poor's) June 14, 2011--Standard & Poor's Ratings Services said today that it revised its outlook on ARES Capital Corp. to positive from stable. At the same time, we affirmed all ratings on ARES, including our 'BBB' long-term counterparty credit and senior unsecured debt ratings. "The outlook change reflects our opinion that ARES has maintained strong capital and...
Companies mentioned in this report are: ARES Capital Corporation
Action: Outlook: Positive
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Research type: News
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ARES Capital Corporation