Press Releases for the Year 2009

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11/03/09American Capital Announces Q3 2009 Results
PDF Version To download financial tables, please click here. BETHESDA, Md., Nov. 3 /PRNewswire-FirstCall/ -- American Capital ("ACAS" or the "Company") (Nasdaq: ACAS) announced net operating income ("NOI") for the quarter ended September 30, 2009 of $32 million, or $0.12 per diluted share. Net income (loss) less appreciation and depreciation ("Realized (Loss) Earnings") for the quarter was $(34) million, or $(0.13) per diluted share. For the quarter ended September 30, 2009... 
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11/03/09American Capital Announces Agreement in Principle with Bank Group
BETHESDA, Md., Nov. 3 /PRNewswire-FirstCall/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that it has reached an agreement in principle with a steering committee of lenders to restructure its revolving line of credit facility. The Company will be presenting the terms of the proposed restructuring to all of the lenders in its revolving line of credit facility and to the holders of its privately placed term notes and publicly issued bonds for approval. The terms of the agreement in ... 
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10/23/09American Capital Will Report Q3 2009 Results on November 3; Shareholder Call Scheduled for November 4
BETHESDA, Md., Oct. 23 /PRNewswire-FirstCall/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that it will report third quarter 2009 earnings after market close on November 3 . Shareholders, prospective shareholders and analysts may listen to the shareholder call on November 4 at 11:00 am ET via a free live webcast at www.AmericanCapital.com or by dialing (800) 230-1059 (U.S. domestic) or +1 (612) 332-0107 (international). Please advise the op... 
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10/16/09American Capital Receives $66 Million In Proceeds From Sale of Imperial Supplies
BETHESDA, Md., Oct. 16 /PRNewswire-FirstCall/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that on October 13 it completed the sale of its portfolio company Imperial Supplies Holding Inc. to W.W. Grainger Inc. (NYSE: GWW). American Capital received $66 million in proceeds and realized a loss of $5 million during the fourth quarter from the transaction, subject to post-closing adjustments. American Capital's compounded annual rate of return, including interest, dividends and fees... 
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10/15/09American Capital Receives $15 Million in Proceeds from Sale of Equity in HomeAway, Realizes $4 Million Gain
BETHESDA, Md., Oct. 15 /PRNewswire-FirstCall/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that on September 3, it completed the sale of its remaining equity investments in its portfolio company HomeAway Inc., fully exiting the company. American Capital received $15 million in proceeds realizing a $4 million gain during the third quarter from the transaction. The sale was made to a broad group of existing HomeAway investors. Including investments in HomeAway by American C... 
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09/30/09American Capital Announces Closure of European Capital Financial Services' Frankfurt Office
BETHESDA, Md., Sept. 30 /PRNewswire-FirstCall/ -- American Capital Ltd. (Nasdaq: ACAS), parent company of European Capital Financial Services Ltd. ("ECFS"), today announced the closure of its Frankfurt affiliate. The closure of the Frankfurt office is in response to the global downturn in the private equity markets over the past two years. The assets originated by the Frankfurt office of European Capital will continue to be owned by European Capital Limited and continue to be managed by the Lo... 
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09/16/09American Capital Receives $182 Million In Proceeds From Sale of Axygen Bioscience
BETHESDA, Md., Sept. 16 /PRNewswire-FirstCall/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that on September 15, it completed the sale of its portfolio company Axygen BioScience Inc., including its subsidiaries Axygen Inc. and Sorenson BioScience Inc., to Corning Incorporated for approximately $400 million. The total inception to date gain and income, including dividend and fee income, from the equity invested by American Capital's affiliated funds under management was $102 millio... 
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09/14/09American Capital Realizes $16 Million Gain From Portfolio Company Exit
BETHESDA, Md., Sept. 14 /PRNewswire-FirstCall/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that on August 14, 2009, in connection with the sale of one of its portfolio companies, its debt investment in the company was repaid and it sold associated warrants. American Capital realized a gain of $16 million from the transaction, subject to postclosing adjustments. American Capital's total inception to date realized gain on this investment was $17 million and its compounded annual ra... 
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09/03/09American Capital Receives Acceleration Notices From Noteholders and Enters Into Forbearance Agreements
BETHESDA, Md., Sept. 3 /PRNewswire-FirstCall/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that it has received notices of acceleration concerning $393 million of its privately placed notes. Shortly after the receipt of these notices, American Capital entered into forbearance agreements with holders of 99% of the notes. Under these agreements, each of the participating holders have agreed that they will not sue American Capital to collect payment for the outstanding amounts owed u... 
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08/04/09American Capital Announces Q2 2009 Results
PDF Version To download financial tables, please click here. BETHESDA, Md., Aug 04, 2009 /PRNewswire-FirstCall via COMTEX/ -- American Capital ("ACAS" or the "Company") (Nasdaq: ACAS) announced net operating income ("NOI") for the quarter ended June 30, 2009 of $20 million, or $0.09 per diluted share. Earnings (loss) less appreciation and depreciation ("Realized (Loss) Earnings") for the quarter was $(306) million, or $(1.41) per diluted share. For the quarter ended June 30, ... 
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07/30/09American Capital Announces Form of Previously Declared Dividend and Results of Dividend Elections
BETHESDA, Md., July 30 /PRNewswire-FirstCall/ -- American Capital Ltd. (Nasdaq: ACAS) (the "Company") announced today the form in which the dividend declared by its Board of Directors on June 11, 2009 will be paid and the results of its stockholders' elections related to the dividend. The dividend of $1.07 per share is payable on August 7, 2009, to stockholders of record as of the close of business on June 22, 2009, with an ex-dividend date of June 18, 2009. Stockholders had until Ju... 
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07/22/09American Capital Will Report Q2 2009 Results on August 4, Shareholder Call Scheduled for August 5
BETHESDA, Md., July 22, 2009 /PRNewswire-FirstCall via COMTEX/ -- American Capital Ltd. (Nasdaq: ACAS) announced today that it will report second quarter 2009 earnings after market close on August 4, 2009. Shareholders, prospective shareholders and analysts may listen to the shareholder call on August 5 at 11:00 am ET via a free live webcast at www.AmericanCapital.com or by dialing (877) 209-9919 (U.S. domestic) or +1 (612) 288-0329 (international). Please advise the operator you are dialing i... 
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07/16/09American Capital Completes Sale of People Media, Receives $57 Million in Cash Proceeds and Realizes $15 Million Gain
Bethesda, MD – July 16, 2009 – American Capital Ltd. (Nasdaq: ACAS) announced that, on July 13, it completed the sale of its portfolio company People Media to Match.com, an operating business of IAC. American Capital received $57 million in cash proceeds and realized a gain of $15 million in the third quarter from the transaction. American Capital’s compounded annual rate of return was 30%, including dividends, interest and fees earned over the life of the investment. Including investments in... 
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06/22/09American Capital Provides Additional Information on Dividend
Bethesda, MD – June 22, 2009 – American Capital Ltd. (Nasdaq: ACAS) (the “Company”) announced today that it is providing answers to frequently asked questions (“FAQs”) concerning its June 11, 2009 dividend declaration. A new section entitled “Cash-Stock Dividend” has been added to the FAQs on the Investor Relations website at: http://www.americancapital.com/investor_relations/FAQs/index.html. 1.Why is American Capital distributing a portion of the dividend in shares of its common stock... 
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06/11/09American Capital Declares $1.07 Dividend Per Share
Bethesda, MD – June 11, 2009 – American Capital Ltd. (Nasdaq: ACAS) (the “Company”) announced today that its Board of Directors has declared a dividend of $1.07 per share payable on August 7, 2009, to stockholders of record as of the close of business on June 22, 2009, with an ex-dividend date of June 18, 2009. At the election of each stockholder, the dividend is payable either in cash or in shares of common stock, or due to certain limitations described below, in a combination of cash and comm... 
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06/08/09American Capital Will Not Present At William Blair Growth Stock Conference
Bethesda, MD – June 8, 2009 – American Capital Ltd. (Nasdaq: ACAS) announced today that it will not present at the William Blair & Company’s 29th Growth Stock Conference on June 9 in Chicago, IL as previously announced. American Capital’s management team will provide their next update when Q2 2009 earnings are announced. ABOUT AMERICAN CAPITAL American Capital is a publicly traded private equity firm and global asset manager. American Capital, both directly and through its asset manage... 
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06/03/09American Capital To Present At William Blair Growth Stock Conference
Bethesda, MD – June 3, 2009 – American Capital Ltd. (Nasdaq: ACAS) announced today that Malon Wilkus, Chairman and Chief Executive Officer, is scheduled to make a presentation at the William Blair & Company’s 29th Growth Stock Conference on June 9 in Chicago, IL. The American Capital presentation is scheduled to begin at 9:30 am CT (10:30 am ET). The presentation will be webcast live and archived on the American Capital website in the Investor Relations section at www.americancapital.com/inves... 
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06/01/09American Capital Encourages Stockholders To Submit Voting Instructions For Its Annual Meeting
Bethesda, MD – June 1, 2009 – American Capital Ltd. (Nasdaq: ACAS) (or the “Company”) announced today that it is encouraging all stockholders to promptly submit their voting instructions for the annual meeting of stockholders to be held on June 11, 2009. Stockholders who have not yet voted may still vote in advance of the meeting by telephone or internet, as described below. The items for discussion at the Annual Meeting include: To... 
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05/28/09American Capital to Present at KBW Diversified Financials Conference
Bethesda, MD – May 28, 2009 – American Capital Ltd. (Nasdaq: ACAS) announced today that Malon Wilkus, Chairman and Chief Executive Officer, is scheduled to make a presentation at the Keefe, Bruyette & Woods (“KBW”) Diversified Financials Conference on June 4 in New York City. The American Capital presentation is scheduled to begin at 3:35 pm ET. The presentation will be webcast live and archived on the American Capital website in the Investor Relations section at www.americancapital.com/invest... 
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05/05/09American Capital Realizes $31 Million Gain From Sale of Piper Aircraft
Bethesda, MD – May 5, 2009 – American Capital Ltd. (Nasdaq: ACAS) announced that on May 1 it completed the sale of its portfolio company Piper Aircraft Inc. (“Piper”) to Imprimis. American Capital realized a gain of $31 million from the transaction, subject to post closing adjustments. American Capital’s total inception to date realized gains on its Piper investments were $48 million and its compounded annual rate of return, including interest and fees earned over the life of its investment wa... 
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05/05/09American Capital Announces Q1 2009 Earnings
PDF Version To download financial tables, please click here. Bethesda, MD – May 5, 2009 – American Capital Ltd. (“ACAS” or the “Company”) (Nasdaq: ACAS) announced net operating income (“NOI”) for the quarter ended March 31, 2009 of $64 million, or $0.31 per diluted share. Earnings (loss) less appreciation and depreciation (“Realized (Loss) Earnings”) for the quarter was $(55) million, or $(0.27) per diluted share. For the quarter ended March 31, 2009, there was a net loss... 
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04/23/09American Capital Will Report Q1 2009 Results on May 5
Bethesda, MD – April 23, 2009 – American Capital Ltd. (Nasdaq: ACAS) announced today that it will report first quarter 2009 earnings after market close on May 5, 2009. Shareholders, prospective shareholders and analysts may listen to the shareholder call on May 6 at 11:00 am ET via a free live webcast at www.AmericanCapital.com or by dialing (866) 269-9612 (U.S. domestic) or +1 (612) 288-0329 (international). Please advise the operator you are dialing in for the American Capital shareholder ca... 
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04/14/09American Capital Receives Cash Proceeds of $22 Million From Sale of Corrpro Companies
Bethesda, MD – April 14, 2009 – American Capital Ltd. (Nasdaq: ACAS) announced today that in the first quarter of 2009 it received cash proceeds of $22 million from the sale of its portfolio company Corrpro Companies Inc. to a wholly-owned subsidiary of Insituform Technologies Inc. (Nasdaq: INSU), realizing a gain of $6 million. Including investments in Corrpro by American Capital’s affiliated funds under management, total inception to date realized gains and dividends received were $9 million.... 
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04/01/09American Capital Announces the Combination of Three Portfolio Companies
Bethesda, MD – April 1, 2009 – American Capital Ltd. (Nasdaq: ACAS) announced today that it has completed the combination of three portfolio companies within its Financial Services Group to create Core Financial Group, a diversified commercial finance holding company. The strategic combination brings together Core Business Credit ("Core"), an asset-based lender, Velocity Financial Group ("Velocity"), a venture debt finance and middle market equipment leasing company, and Oceana Media Finance ("... 
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03/30/09American Capital Announces Acquisition of European Capital
Bethesda, MD – March 30, 2009 – American Capital Ltd. (Nasdaq: ACAS) announced today that it has completed the acquisition of the shares of its affiliate European Capital Limited that it did not already own. The shares had previously traded on the Main Market of the London Stock Exchange. The acquisition was approved by a special majority of the shareholders of European Capital, not including American Capital, and the Royal Court of Guernsey. In February, American Capital stockholders ... 
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03/05/09American Capital Announces Foreclosure of Executive's Stock Option Loans
Bethesda, MD – March 5, 2009 – American Capital Ltd. (or "the Company") (Nasdaq: ACAS) announced today that on March 2, it foreclosed on the collateral securing three loans, which had been extended by the Company in 2001 to Malon Wilkus, its Chairman and Chief Executive Officer. The foreclosed collateral consisted of 1,060,656 shares of the Company's common stock. Under the terms of the loan agreements, the foreclosures occurred automatically and extinguished the loans. Mr. Wilkus' $5,021,10... 
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03/02/09American Capital Announces Q4 and 2008 Earnings
PDF Version To download financial tables, please click here. BETHESDA, Md., March 2 /PRNewswire-FirstCall/ -- American Capital ("ACAS" or the "Company") (Nasdaq: ACAS) announced net operating income ("NOI") for the quarter and year ended December 31, 2008 of $44 million, or $0.21 per diluted share, and $493 million, or $2.42 per diluted share, respectively. Earnings (loss) less appreciation and depreciation ("Realized Earnings (Loss)") for the year was $525 million, or $2... 
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02/19/09American Capital Stockholders Approve Proposal Authorizing Limited Share Issuance Below NAV
Bethesda, MD – February 19, 2009 – American Capital Ltd. (Nasdaq: ACAS) (the “Company”) announced today that its stockholders have approved a proposal authorizing the Company to sell shares of its common stock in one or more offerings below the net asset value per share (“NAV”), subject to certain limitations, including the prior approval of the Company’s Board of Directors. The authorization expires on February 19, 2010. The number of shares of common stock that may be issued below NA... 
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02/06/09 American Capital Will Report Q4 2008 Results and Host Shareholder Call on March 2
Bethesda, MD – February 6, 2009 – American Capital Ltd. (Nasdaq: ACAS) announced today that it will report fourth quarter 2008 earnings before market open on March 2, 2009. American Capital invites shareholders, prospective shareholders and analysts to attend the shareholder call that morning at 11:00 am ET. The shareholder call can be accessed through a free live webcast at www.AmericanCapital.com or by dialing (800) 553-0273 (U.S. domestic) or +1 (612) 332-0107 (international). Please advis... 
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02/05/09American Capital Encourages Stockholders to Submit Voting Instructions for Its Special Meeting Regarding Share Issuance for Strategic Acquisitions
Bethesda, MD – February 5, 2009 – American Capital Ltd. (Nasdaq: ACAS) (or "the Company") announced today that it is encouraging all stockholders to promptly submit their voting instructions for the special meeting of stockholders to be held on February 19, 2009. Stockholders who have not yet voted may still vote in advance of the meeting by telephone or internet, as described below. The matter under consideration at the meeting is a proposal to authorize American Capital, with approval ... 
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01/28/09American Capital Announces Tax Status of 2008 Dividends
Bethesda, MD – American Capital Ltd. (Nasdaq: ACAS) announced today that its 2008 distributions of $3.09 per share consisted of $2.39 per share of ordinary income and $0.70 per share of long-term capital gain distributions for federal income tax purposes. Stockholders receiving long-term capital gain distributions may receive preferential tax rates on such income. American Capital also announced that of its 2008 ordinary dividends, $2.38 per share were non-qualifying dividends and $0.01 ... 
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