Ares Commercial Real Estate Corporation, a specialty finance company that invests in and manages middle-market commercial real estate loans has priced its initial public offering (IPO) of 7,700,000 shares of common stock at $18.50 per share, raising approximately $142.5 million in gross proceeds. The shares will trade on the New York Stock Exchange under the symbol “ACRE.” The IPO will close on May 1, according to You generic levitra mastercard are charged just as you use. If it’s true women have a cheapest online viagra biological drive to breed and become mothers, then there’s a constant pressure of performance at all sphere in our lives. Regular intake of eggs strengthens erection free samples of cialis deeprootsmag.org quality and keeps you away from erectile dysfunction. Find out the psychological crux and communicate with others more. sildenafil 50mg Commercial Real Estate Corporation Announces Initial Public Offering – Reuters – 04-26-2012″ href=”http://www.reuters.com/article/2012/04/26/idUS169884+26-Apr-2012+BW20120426″ target=”_blank”>Reuters.

Ares Commercial Real Estate intends to use the net proceeds of the IPO to repay debts, and to pay the shareholders of its Series A Convertible Preferred Stock who will redeeming their shares upon the completion of this IPO. The remainder of the proceeds will be used for general corporate purposes and to originate the company’s target investments.

Last Updated on April 26, 2012 by Ramin Seddiq