American Capital to Prepay $107 Million of Outstanding Debt

American Capital Ltd. ACAS announced that it has given notice today to the holders of its secured debt due in 2013 that it will voluntarily prepay $107 million of the debt on November 29, 2010. With this prepayment, the amount outstanding under such secured debt will be less than $1.0 billion, causing the interest rate on the remaining debt to decline to the lowest level under the governing debt agreements.