OUR PORTFOLIO

Visit Gibson's website

American Capital exited its investment in Gibson Guitar Corp. in the fourth quarter of 2006.

American Capital Provides Up To $52.5 Million To Gibson Guitar

Bethesda, MD - September 8, 2005 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has provided financing facilities of up to $52.5 million to Gibson Guitar Corp., a well-known designer, manufacturer, marketer and distributor of electric and acoustic guitars, bass guitars, banjos and mandolins, pianos, drums, keyboards, electronically synthesized instruments and a variety of instrument-related products and accessories, including amplifiers, speakers, string picks and straps. American Capital's financing facilities take the form of second lien notes and a second lien committed acquisition line. Bank of America is providing a revolving credit facility and investing in senior term debt. Gibson's current owners are maintaining their 100% equity ownership. More...