Ares Management Corporation Issues $750M Senior Notes Due 2054

Summary

Ares Management Corporation issued $750,000,000 aggregate principal amount of its 5.600% Senior Notes due 2054. The notes were issued pursuant to a base indenture and second supplemental indenture. The company also entered into an underwriting agreement with Morgan Stanley & Co. LLC and Citigroup Global Markets Inc. The notes will mature on October 11, 2054, unless earlier redeemed or repurchased. The notes bear interest at a rate of 5.600% per annum and are unsecured and unsubordinated obligations of the company, fully guaranteed by the guarantors.