Ares Management Announces Pricing of Offering of Class A Common Stock
Ares Management Corporation Class A (ARES)
Last ares management corporation class a earnings: 2/13 06:00 am
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US:NYSE Investor Relations:
ares-ir.com
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) (“Ares” or the “Company”) today announced the pricing of its previously announced underwritten public offering of 7,000,000 shares of Class A common stock, par value $0.01 per share, of the Company at a public offering price of $29.90 per share of Class A common stock. The offering is expected to close on or about September 20, 2019, subject to customary closing conditions. Ares intends to use all of the net proceeds from the offering for general corporate purposes, including repayment of debt and strategic growth initiatives.In connection with the offering, Ares and its directors and executive officers (including its co-founders) have each agreed to enter into a customary lock-up agreement with the underwriters for the offering.Goldman Sachs & Co. LLC and J.P. Morgan are acting as the underwriters for the offering.A registration statement on Form S-3 relating to these securities has been filed with the Securiti
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ARES
Earnings
- 2/8/24 - Miss
ARES
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/15/24 - Form 144
- ARES's page on the SEC website