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Ares Management Corporation - ARES STOCK NEWS

Welcome to our dedicated page for Ares Management Corporation news (Ticker: ARES), a resource for investors and traders seeking the latest updates and insights on Ares Management Corporation stock.

Ares Management Corporation (NYSE: ARES), a global leader in alternative asset management, provides investors with timely updates through this centralized news hub. Track official announcements, strategic developments, and market-moving insights across the company's credit, private equity, and real estate investment activities.

This resource delivers essential information for monitoring ARES' operational milestones, including earnings reports, fundraising initiatives, and strategic partnerships. Users gain access to verified updates on regulatory filings, leadership changes, and portfolio company developments within the $325+ billion asset manager's ecosystem.

Key coverage areas include innovations in credit strategies, real asset acquisitions, and global market expansions. The curated news feed supports informed analysis of ARES' performance across its integrated investment groups while maintaining strict adherence to factual reporting standards.

Bookmark this page for streamlined access to Ares Management's evolving narrative. Combine these updates with fundamental analysis tools to assess the company's position in alternative investment markets.

News

Artivion Obtains $350 Million in Senior Secured Credit Facilities

Rhea-AI Summary
Artivion, Inc. (NYSE: AORT) has closed a $350 million non-dilutive credit agreement with Ares Management Credit funds, consisting of senior secured, interest-only credit facilities with 6-year maturities. The agreement includes an initial $190 million term loan, a $60 million revolving credit facility, and an additional $100 million in unfunded delayed draw term loan commitments. The company plans to use the funds to address debt maturities and optimize its capital structure. The agreement reflects the company's confidence in its business outlook and aims to deliver significant shareholder value.
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Ares Capital Corporation Prices Public Offering of $1.00 Billion 5.875% Unsecured Notes Due 2029

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Ares Capital Corporation (ARCC) has priced an underwritten public offering of $1.00 billion in aggregate principal amount of 5.875% notes due 2029. The notes will mature on March 1, 2029, and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a 'make-whole' premium, if applicable. The offering is expected to close on January 23, 2024, subject to customary closing conditions. Ares Capital expects to use the net proceeds of this offering to repay certain outstanding indebtedness under its debt facilities.
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Ares Management Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ending December 31, 2023

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Ares Management Corporation (ARES) will report earnings for Q4 and full year ending December 31, 2023 on February 8, 2024. The webcast/conference call will be held at 11:00 a.m. (Eastern Time) on the same day to discuss financial results. Interested parties can participate via telephone or live webcast. Archived replay will be available through March 8, 2024.
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Ares Management Raises Approximately $3.3 Billion of Real Estate Secondaries Capital

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Ares Management Corporation (ARES) raised $3.3 billion for real estate secondaries capital, including the Landmark Real Estate Fund IX. The fund provides flexible solutions for Limited Partners and General Partners, seeking to acquire seasoned assets at discounts and build diversified portfolios. The team has a track record of over 25 years and has invested or committed approximately $8.3 billion across more than 200 transactions.
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Ares Management Corporation to Present at the Goldman Sachs 2023 US Financial Services Conference

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Ares Management Corporation (ARES) CEO Michael Arougheti to present at Goldman Sachs 2023 US Financial Services Conference
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Ares Capital Corporation Appoints Scott Lem as Chief Financial Officer

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Ares Capital Corporation (NASDAQ: ARCC) announces CFO transition, with Scott Lem replacing Penni Roll effective February 15, 2024. Roll to remain in senior leadership role. CEO Kipp deVeer expresses gratitude to Roll and welcomes Lem's extensive experience and leadership.
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Ares Management Corporation Prices Offering of Senior Notes

Rhea-AI Summary
Ares Management Corporation (ARES) Announces Pricing of $500 Million Senior Notes Offering at 6.375% Interest Rate, Expected to Close on November 10, 2023. The net proceeds will be approximately $496.0 million for general corporate purposes, including debt repayment and growth initiatives.
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Paragon 28 Announces New $150 Million Credit Facility Replacing Existing $90 Million Credit Facility

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Paragon 28, Inc. (NYSE: FNA) secures $150 million credit facility from Ares Capital Corporation, replacing existing $90 million senior credit facility. The non-dilutive facility includes $100 million in term loans and a $50 million revolving credit facility, reinforcing the company's pathway to cash flow break-even.
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Cureton Midstream Announces Sale to Williams

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Tailwater Capital and Ares Management have signed definitive agreements to sell Cureton Front Range to Williams Field Services Group, with an expected close in December 2023. Cureton is a premier multi-customer midstream gathering and processing platform in the DJ Basin in Colorado. Cureton's asset base consists of over 260 miles of pipelines, 109 MMcf/d of natural gas processing capacity, and 64,000 horsepower of compression. The sale is expected to position Cureton for continued growth.
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X-energy and Ares Acquisition Corporation Mutually Agree to Terminate Business Combination Agreement

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X-energy and Ares Acquisition Corporation have mutually agreed to terminate their business combination agreement. X-energy received strong interest from potential investors but decided not to proceed with the transaction due to challenging market conditions. X-energy will continue as a private company and receive a private investment from an affiliate of Ares Management Corporation.
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Ares Management Corporation

NYSE:ARES

ARES Rankings

#322 Ranked by Market Cap
#1205 Ranked by Dividends

ARES Stock Data

30.86B
187.68M
12.47%
79.14%
1.87%
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