Current Report Filing (8-k)
January 13 2022 - 4:29PM
Edgar (US Regulatory)
0001176948
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2022-01-13
2022-01-13
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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
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(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
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Trading Symbol(s)
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Name of each exchange on which
registered
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Class A common stock, par value $0.01 per share
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ARES
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New York Stock Exchange
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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
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Class A Common Stock
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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:
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/s/ Jarrod Phillips
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Name:
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Jarrod Phillips
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Title:
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Chief Financial Officer (Principal Financial and Accounting Officer)
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