Freshfields has acted as underwriters’ counsel for Ares Capital Corporation’s (ARCC) offering of 9.2 million shares of Common Stock, which raised approximately $174.8 million in gross proceeds for ARCC. The syndicate was led by Morgan Stanley & Co. LLC, BofA Securities, Inc. and UBS Securities LLC. ARCC is the largest public US business development company by market capitalization, with approximately $21.8 billion of total assets as of June 30, 2022.
The Freshfields team consisted of Partner and Global Co-Head of Capital Markets Valerie Ford Jacob, Partner Michael Levitt, Counsel Jeremy Barr, Senior Associate Tracy Zhang, Associates Rebecca Mitstifer and Fatima Anjum and Law Clerk Isaac Ellman.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
