secwatch.observer — SEC 8-K summary
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Issuer:     Ares Management Corp (ARES)
CIK:        0001176948
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001104659-23-116605
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ares Management issues $500M of 6.375% Senior Notes due 2028
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- $500M aggregate principal, 6.375% interest, maturity Nov 10, 2028.
- Interest payable semi-annually May 10 and Nov 10, starting May 10, 2024.
- Notes are unsecured, unsubordinated and fully guaranteed by multiple subsidiaries.
- Underwriting agreement with Morgan Stanley, BofA, SMBC Nikko, Wells Fargo.
- Notes issued on Nov 10, 2023 under base indenture with U.S. Bank Trust.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1176948/000110465923116605/0001104659-23-116605-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1176948/000110465923116605/tm2325897d6_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-116605

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