Tag: ares capital

OUTFRONT Convertible Shares Generate 36% IRR to Investors

Crisis for some is opportunity for others.  Remember early 2020 when it was fashionable to show pictures of streets with no cars and airplanes crashing behind out of home signs?  On April 16, 2020 Providence Equity and Ares capital invested $400 million in convertible preferred shares in OUTFRONT Media.  The […]