Ares Management Corporation Amends Credit Agreement

Summary

On May 21, 2026, Ares Management Corporation and Ares Holdings L.P. amended their Sixth Amended and Restated Credit Agreement. The amendment extends the maturity date to May 21, 2031, increases the revolver commitments to $2.5 billion with an accordion feature up to $3 billion, removes the credit spread adjustment for Term SOFR, modifies certain covenant restrictions and events of default, and makes other technical amendments to the Credit Agreement.