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Stock impact report

Ares Management Corporation Highlights First Quarter U.S. Direct Lending Commitments

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: Business Wire
Approximately $3.6 Billion in New U.S. Direct Lending Commitments Closed in the First Quarter LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) is providing details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $3.6 billion in commitments across 45 transactions during the first quarter of 2021.Below is a description of selected transactions that Ares closed during the first quarter.AI Fire / Snow Phipps GroupAres served as the administrative agent, sole lender and bookrunner for a secured credit facility to support Snow Phipps acquisition of AI Fire. AI Fire is a national provider of fire protection services, providing inspection, maintenance, repair and installation of portable fire extinguishers, fire sprinklers, fire alarms and emergency lighting systems.Commercial Trailer Leasing Ares served as the administrative age Show less Read more
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