{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-107741","form_type":"8-K","ticker":"ARES","cik":"0001176948","company_name":"Ares Management Corp","filed_at":"2024-10-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.851786+00:00","generated_at":"2026-05-30T16:17:31.288731+00:00","sec_items":["1.01","3.03","5.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ares Management issues $1.5B of 6.75% Series B Mandatory Convertible Preferred Stock","bullets":["Issued 30M shares at $1.5B aggregate liquidation preference, 6.75% cumulative dividend.","Proceeds to fund portion of GCP Acquisition and for general corporate purposes.","Mandatory conversion into 0.2717 to 0.3260 shares of common stock by Oct 1, 2027.","Dividend payable quarterly; company may pay in cash or common stock at its option.","Underwriters exercised full over-allotment of 3M shares; 45-day lock-up on common stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-107741","json":"https://secwatch.observer/filing/0001104659-24-107741.json","markdown":"https://secwatch.observer/filing/0001104659-24-107741.md","text":"https://secwatch.observer/filing/0001104659-24-107741.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1176948/000110465924107741/0001104659-24-107741-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1176948/000110465924107741/tm2425002d9_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T16:17:31.288731+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}