Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.00471729453192465 -0.00471729453192465 -6.64407680552183E-05
Stock impact report

Ares Leads $1.6 Billion Debt Financing to Support Suave Brands and Elida Beauty Merger to Create Evermark [Yahoo! Finance]

Ares Management Corporation Class A (ARES) 
Last ares management corporation class a earnings: 2/13 06:00 am Check Earnings Report
US:NYSE Investor Relations: ares-ir.com
Company Research Source: Yahoo! Finance
today that Ares Credit funds served as the administrative agent on $1.6 billion in debt financing to support the merger of two Yellow Wood Partners portfolio companies, Suave Brands Company ("Suave Brands") and Elida Beauty ("Elida"). The combined company, now called Evermark, LLC ("Evermark" or the "Company"), has launched as a leading global platform of iconic personal care brands. Evermark builds upon the existing legacy of both Suave Brands and Elida with a brand portfolio comprising Suave, Q-tips and ChapStick as well as Pond's, Caress, St. Ives, Noxzema and TIGI, among others. "We are pleased to lead the financing for the creation of Evermark, reflecting the scaled capital of Ares' US Direct Lending platform and the strength of our consumer vertical," said Karen De Castro, Partner in Ares Credit. "Evermark brings together two major personal care companies with a portfolio of strong household brands, and we look forward to working with the Company as it serves new and existin Show less Read more
Impact Snapshot
Event Time:
ARES
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ARES alerts
Opt-in for
ARES alerts

from News Quantified
Opt-in for
ARES alerts

from News Quantified