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ARU ARES CAPITAL SENIOR NOTES 5.87%

 June 10, 2016

ANOTHER book about the corrupt Clintons.

Still, ‘Hillary is not a leader. She is a coattail-clutcher who has a litany of jobs with no accomplishments’, Dolly claims.

Dolly writes that Hillary failed as co-president and failed as senator ‘unless you are impressed with the bills she introduced to name a couple of post offices’.

She also, Dolly claims, failed as secretary of state and as a defender of women over the past 40 years. Hillary instigated threats on women who had sex with her husband, a serial sex abuser.

(Update:  TCCA is a position that we are watching.  It appeared the price we wanted was not possible, but it is trading lower at $25 today.  We may buy next week.)

ARU is going ex-dividend next week and we want to buy a position.  The price should come back to approx $25.30.  We are placing a buy limit order at this price, and hopefully it will be filled.  If not…..we will just cancel the order as we don’t want to pay more. Plan on holding until 2022 when they mature.

Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies.

http://seekingalpha.com/article/3965482-breaking-a-team-pieces-part-ii-ares-capital-corporation

Ares Capital Corp., 5.875% Senior Notes due 2022, issued in $25 denominations, redeemable at the issuer’s option on or after 10/1/2015 at $25 per share plus accrued and unpaid interest, and maturing 10/1/2022. Interest distributions of 5.875% per annum ($1.46875 per annum or $0.3671875 per quarter) will be paid quarterly on 1/1, 4/1, 7/1 & 10/1 to holders of record on the record date which will be 12/15, 3/15, 6/15 & 9/15 respectively

Please take our ten second POLL 

GO TO Core Portfolio for current holdings:  All positions were purchased at specific prices and are on HOLD and should not be purchased now unless otherwise indicated.

Go here to see our suggested financial websites.

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