Ares Management amends credit facility: maturity extended to 2030, revolver increased to $1.84B

Ares Management Corp

Maturity extended to April 22, 2030 via Amendment No. 13 to the credit agreement.
Revolver commitments increased to $1,840,000,000; accordion feature $660M for total up to $2.5B.
Swingline loan sub-limit set at $75,000,000.
Applicable margins reduced: term benchmark/RFR loans from 0.750%-1.250% to 0.650%-1.150%.
Unused commitment fee reduced from 0.060%-0.150% to 0.050%-0.0140%.

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