secwatch / observer
8-K filed November 13, 2023, 6:59 PM ET ticker ARES CIK 0001176948
debt confidence high sentiment neutral materiality 0.50

Ares Management Corp (ARES): debt financing — Ares Management issues $500M of 6.375% Senior Notes due 2028

Ares Management Corp

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Ares Management Corp incurred senior notes of $500,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 6.375% per annum maturing November 10, 2028.

Instrument
senior notes
Principal
$500,000,000 aggregate principal amount
Counterparty
U.S. Bank Trust Company, National Association
Rate
6.375% per annum
Maturity
November 10, 2028
Event
incurrence
Exact text from the filing
On November 10, 2023, Ares Management Corporation (the “Company”) issued $500,000,000 aggregate principal amount of its 6.375% Senior Notes due 2028 (the “Notes”) pursuant to a previously announced underwritten public offering (the “Offering”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Ares Management Corp entered into Indenture with U.S. Bank Trust Company, National Association valued at $500,000,000 (effective 2023-11-10).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
$500,000,000
Effective
2023-11-10
Exact text from the filing
On November 10, 2023, Ares Management Corporation (the “Company”) issued $500,000,000 aggregate principal amount of its 6.375% Senior Notes due 2028 (the “Notes”)
View on SEC.gov

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Ares Management Corp filing history →

Source: SEC EDGAR
accession 0001104659-23-116605
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