AI brief of an SEC Form 8-K · Ares Management (ARES)

Ares Management sells $750 million of 5.600% senior notes due 2054

Neutral Impact 3 of 5 financing Written later

Ares Management Corporation issued $750 million of 5.600% senior notes due October 11, 2054, in an underwritten public offering. The notes are unsecured, fully guaranteed by several Ares subsidiaries, and carry covenants limiting secured debt on certain equity interests and certain mergers or asset sales.

Key points

  • Principal amount: $750 million; issued October 11, 2024 under an October 9, 2024 underwriting agreement with Morgan Stanley and Citigroup
  • Interest at 5.600% per year, paid semi-annually on April 11 and October 11, starting April 11, 2025
  • Redeemable before April 11, 2054 at the greater of par or a Treasury-based make-whole price (Treasury rate plus 20 basis points)

The filing

CompanyAres Management (ARES)
Form8-K, current report
Filed with the SECOct 11, 2024, 4:42 PM ET
Accession number0001104659-24-108073

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 11, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.