debt
confidence high
sentiment neutral
materiality 0.55
Ares Management issues $750M 5.600% senior notes due 2054
Ares Management Corp
- $750M aggregate principal; 5.600% interest rate payable semi-annually.
- Notes mature Oct 11, 2054; unsecured and unsubordinated obligations.
- Guaranteed jointly and severally by several Ares subsidiaries.
- Proceeds for general corporate purposes; underwriters include Morgan Stanley & Citigroup.