Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Ares Management Corp incurred term loan of $400 million with Bank of America, N.A. at Term SOFR Rate plus an applicable margin or Base Rate plus an applicable margin, maturing March 27, 2029.
- Instrument
- term loan
- Principal
- $400 million
- Counterparty
- Bank of America, N.A.
- Rate
- Term SOFR Rate plus an applicable margin or Base Rate plus an applicable margin,
- Maturity
- March 27, 2029
- Event
- incurrence
Exact text from the filing
On March 27, 2026 (the “Closing Date”), Ares Holdings L.P., a Delaware limited partnership (“Ares Holdings” or the “Borrower”) and certain subsidiaries of Ares Management Corporation (the “Company”) entered into a Credit Agreement (the “Credit Agreement”), by and among Ares Holdings, as borrower, the subsidiaries of the Company party thereto, as guarantors, the lenders party thereto and Bank of America, N.A., as administrative agent, that provides a term loan facility in an aggregate commitment amount of $400 million.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Ares Management Corp entered into Credit Agreement with Bank of America, N.A., as administrative agent, and the lenders party thereto valued at $400 million (effective 2026-03-27).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Bank of America, N.A., as administrative agent, and the lenders party thereto
- Value
- $400 million
- Effective
- 2026-03-27
Exact text from the filing
On March 27, 2026 (the “Closing Date”), Ares Holdings L.P., a Delaware limited partnership (“Ares Holdings” or the “Borrower”) and certain subsidiaries of Ares Management Corporation (the “Company”) entered into a Credit Agreement (the “Credit Agreement”), by and among Ares Holdings, as borrower, the subsidiaries of the Company party thereto, as guarantors, the lenders party thereto and Bank of America, N.A., as administrative agent, that provides a term loan facility in an aggregate commitment amount of $400 million.
View on SEC.gov