Ares Management Corporation Announces Major Offering Managed by Leading Financial Institutions

authorIntellectia.AI2024-10-10
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ARES.N
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Ares Management Corporation (NYSE: ARES) has announced a major offering managed by a consortium of leading financial institutions. The offering is being conducted under a shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC). Key players involved in managing this offering include Ares Management Capital Markets LLC, Barclays Capital Inc., BNY Mellon Capital Markets, LLC, BofA Securities, Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, MUFG Securities Americas Inc., UBS Securities LLC, U.S. Bancorp Investments, Inc., Wells Fargo Securities, LLC, AmeriVet Securities, Inc., Loop Capital Markets LLC, R. Seelaus & Co., LLC, Samuel A Ramirez & Company, Inc., and Siebert Williams Shank & Co., LLC.

The offering is being executed through a preliminary prospectus supplement and accompanying prospectus, available on the SEC’s website. Interested parties can also obtain copies by contacting Morgan Stanley or Citigroup Global Markets Inc. This announcement is not an offer to sell or a solicitation to purchase securities in any jurisdiction where such actions would be unlawful.

Ares Management Corporation is a prominent global alternative investment manager, providing diverse investment solutions across credit, real estate, private equity, and infrastructure. With a robust platform managing over $447 billion in assets and a workforce exceeding 2,950 employees worldwide, Ares aims to deliver consistent returns and create value for stakeholders.

The company includes forward-looking statements in its announcements, which are subject to risks and uncertainties. These statements, identified by terms like "expects," "intends," and "plans," are based on current expectations and assumptions. Actual outcomes may differ significantly due to various factors, including the successful integration of acquisitions and market conditions. Ares Management Corporation advises caution and does not commit to updating forward-looking statements, except as legally required.

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