Current Report Filing (8-k)
13 Januar 2022 - 11:29PM
Edgar (US Regulatory)
0001176948 false 0001176948 2022-01-13
2022-01-13 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported)
January 13, 2022
ARES MANAGEMENT CORPORATION
(Exact Name
of Registrant as Specified in Charter)
Delaware |
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001-36429 |
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80-0962035 |
(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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2000 Avenue of the Stars,
12th Floor,
Los Angeles,
CA
90067
(Address of
principal executive office) (Zip Code)
(310)
201-4100
(Registrant’s telephone number, including area code)
N/A
(Former name, former address and former fiscal year, if changed
since last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General
Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the
Act:
Title of
each class |
Trading
Symbol(s) |
Name of each
exchange on which
registered |
Class A common stock, par value $0.01 per share |
ARES |
New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
¨
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
¨
CommonStockMember |
Class A Common Stock |
Item 8.01 Other Events.
On January 13, 2022, Ares Management Corporation (the “Company”)
issued a press release announcing that its indirect subsidiary,
Ares Finance Co. IV LLC (the “Issuer”), had commenced an offering
of senior notes due 2052.
On January 13, 2022, the Company issued a press release announcing
that the Issuer had priced the previously announced offering of
$500,000,000 aggregate principal amount of its 3.650% Senior Notes
due 2052 (the “notes”). The notes will be fully and unconditionally
guaranteed by Ares Holdings L.P., Ares Management LLC, Ares
Investments Holdings LLC, Ares Finance Co. LLC, Ares Finance Co. II
LLC and Ares Finance Co. III LLC. The offering is subject to
customary closing conditions. The Company intends to use the net
proceeds from this offering for general corporate purposes,
including debt repayment and to fund growth initiatives.
Copies of these press releases are attached hereto as Exhibit 99.1
and 99.2, respectively, and are incorporated by reference
herein.
Forward-Looking
Statements
Statements included herein
may constitute “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995, which relate
to future events or the Company’s future performance or financial
condition. These statements are not guarantees of future
performance, condition or results and involve a number of risks and
uncertainties. Actual results may differ materially from those in
the forward-looking statements as a result of a number of factors,
including those described from time to time in the Company’s
filings with the Securities and Exchange Commission. Ares
Management Corporation undertakes no duty to update any
forward-looking statements made herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
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ARES MANAGEMENT CORPORATION |
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Dated: January 13, 2022 |
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By: |
/s/
Jarrod Phillips |
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Name: |
Jarrod Phillips |
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Title: |
Chief
Financial Officer (Principal Financial and Accounting
Officer) |
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