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home / news releases / ARCC - Blazing BDC To Boring Bank? The Newtek Controversy Explained

ARCC - Blazing BDC To Boring Bank? The Newtek Controversy Explained

Ares Capital Corporation
  • Newtek shocked investors with an announcement they'd be converting from a BDC to a bank holding company. A similarly surprising event occurred in 2014 when Newtek converted to a BDC.
  • Newtek's stock collapsed by roughly 30% intraday and has only modestly recovered. Opinions are sharply divided and this article seeks to provide a balanced analysis of the situation.
  • Let's explore how Newtek arrived at this decision, how the company might look in the future, and if an investment in the transformed company makes sense.

For further details see:

Blazing BDC To Boring Bank? The Newtek Controversy Explained
Stock Information
Company Name: Ares Capital Corporation
Stock Symbol: ARCC
Market: NASDAQ
Website: arescapitalcorp.com
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