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American Capital Recognizes $39 Million of Total Net Realized Gain From 9 Exits
Bethesda, MD - April 11, 2006 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today that it has received total proceeds of $268 million from exits and prepayments of nine portfolio companies, realizing a total net gain of $39 million. American Capital earned a positive 48%, 31%, 32%, 25%, 22%, 15%, 18%, 17% and a negative 49% compounded annual rate of return on its exited investments in these companies, including interest, dividends and fees earned over the life of American Capital's exited investments in the companies. [more...]
American Capital Invests $35 Million in Leading Designer, Developer, Producer and Marketer of Portable Power Products
Bethesda, MD - October 6, 2005 - American Capital Strategies Ltd. (Nasdaq:ACAS) announced today it has invested $35 million in the senior term B debt of Vector Products Inc. The proceeds of the investment will be used to expand Vector's research and development activities as well as for a shareholder distribution. Vector is a leading designer, developer, producer and marketer of portable power products for consumers in the automotive, marine, home and consumer electronics markets. Wachovia Bank N.A. is providing a revolving line of credit. Vector management is maintaining its equity investment in the Company. [more...]
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