American Capital Strategies, Inc.
Ticker:ACAS
Exchange:NASDAQ-National Market Bethesda, MD
Industry:Financial (SIC Code 6799)

Offering Information
Type of Shares:Common Shares Filing Date:6/25/97
U.S. Shares:8,400,000 Offer Date:8/28/97
Non-U.S. Shares:0 Filing Price:$15.00
Primary Shares:8,400,000 Offer Price:$15.00
Secondary Shares:0 Gross Spread:$1.05
Offering Amount: $126,000,000 Selling:$0.63
Expenses: - Reallowance:$0.10
Shares Out After:8,065,161

Primary Underwriting Group
ManagerTierPhone
Friedman, Billings, Ramsey & Co., Inc.Lead Manager (703) 312-9571

Business Description
The company is a financial services company.

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

©1997 IPO Data Systems, Inc. - All rights reserved.