Ares Management extends credit facility to 2031, raises revolver to $2.5 billion
Ares Holdings L.P. and certain Ares Management subsidiaries signed Amendment No. 14 to the company's credit agreement on May 21, 2026. The amendment extends the facility's maturity to May 21, 2031 and raises revolver commitments to $2.5 billion, with an uncommitted accordion feature up to $3.0 billion total. The filing describes this as a change to the borrowing terms, with no new obligation amount beyond the revolver commitments.
Key points
- Maturity extended to May 21, 2031
- Revolver commitments increased to $2.5 billion; uncommitted accordion up to $3.0 billion total facility size
- Credit spread adjustment for Term SOFR removed; covenant restrictions and events of default modified
- Amendment dated May 21, 2026, with JPMorgan Chase Bank, N.A. as agent
The filing
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 May 27, 2026.
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