debt
confidence high
sentiment neutral
materiality 0.45
Ares Management prices $500M of 3.650% Senior Notes due 2052
Ares Management Corp
- $500M aggregate principal, 3.650% coupon, maturing 2052.
- Notes fully guaranteed by Ares Holdings L.P., Ares Management LLC, and four other affiliates.
- Net proceeds for general corporate purposes including debt repayment and growth initiatives.
- Offering subject to customary closing conditions.