ARES - Public offerings

NEW YORK, Sept. 8, 2026 /PRNewswire/ -- Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced an underwritten public offering of $750 million in aggregate principal amount of 6.250% notes due 2033. The notes will mature on September 15, 2033 and may be redeemed in whole or in part at Ares Capital's option at any time at par plus a "make-whole" premium, if applicable. BofA Securities, Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, Barclays Capital Inc., CIBC World Markets Corp., Mizuho Securities USA LLC, MUFG Securities Americas Inc., T

Ares Acquisition Corporation III (NYSE:AAC) (the "Company"), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses, today announced that, commencing August 20, 2026, holders of the 39,500,000 units sold in the Company’s initial public offering (the "Units"), completed on July 1, 2026, may elect to separately trade the Class A ordinary shares and warrants included in the Units. Those Units not separated will continue to trade on the New York Stock Exchange (the "NYSE") under the symbol "AAC.U," and the Class A ordinary shares and warrants that are separated will trade on the NYSE under the symbols "AAC" and "AAC WS," respectiv

Ares Acquisition Corporation III (the "Company"), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses, today announced the closing of its initial public offering of 34,500,000 units at a price of $10.00 per share and the sale of an additional 5,000,000 units at $10.00 per share pursuant to the underwriters’ partial exercise of their over-allotment option. Each unit consists of one Class A ordinary share of the Company and one-tenth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Total gross proceeds from the offer

Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced an underwritten public offering of $800 million in aggregate principal amount of 5.550% notes due 2030. The notes will mature on January 15, 2030 and may be redeemed in whole or in part at Ares Capital's option at any time at par plus a "make-whole" premium, if applicable. BofA Securities, Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Truist Securities, Inc., Wells Fargo Securities, LLC, Barclays Capital Inc., BNP Paribas Securities Corp., CIBC World Markets Corp., Mizuho Securities USA LLC, MUFG Securities Americas Inc. and TD Securities (USA) LLC are acting as joint boo

Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced an underwritten public offering of $750 million in aggregate principal amount of 5.250% notes due 2031. The notes will mature on April 12, 2031 and may be redeemed in whole or in part at Ares Capital's option at any time at par plus a "make-whole" premium, if applicable. BofA Securities, Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, Barclays Capital Inc., BNP Paribas Securities Corp., CIBC World Markets Corp., Mizuho Securities USA LLC, MUFG Securities Americas Inc. and Truist Securities, Inc. are acting as joint book-running managers for this

Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced an underwritten public offering of $650 million in aggregate principal amount of 5.100% notes due 2031. The notes will mature on January 15, 2031 and may be redeemed in whole or in part at Ares Capital's option at any time at par plus a "make-whole" premium, if applicable. BofA Securities, Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, Barclays Capital Inc., BNP Paribas Securities Corp., CIBC World Markets Corp., Mizuho Securities USA LLC, MUFG Securities Americas Inc. and Truist Securities, Inc. are acting as joint book-running managers for th

Ares Acquisition Corporation II (NYSE:AACT) ("AACT") and Kodiak Robotics, Inc., a Delaware corporation ("Kodiak") announced today that on August 29, 2025, the U.S. Securities and Exchange Commission (the "SEC") declared effective the Registration Statement on Form S-4, as amended (the "Registration Statement"), that AACT and Kodiak jointly filed in connection with the previously announced proposed business combination (the "proposed business combination") between AACT and Kodiak. AACT is an affiliate of Ares Management Corporation (NYSE:ARES) ("Ares"). An extraordinary general meeting of shareholders (the "Extraordinary General Meeting") to approve the proposed business combination is sch

Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced an underwritten public offering of $750 million in aggregate principal amount of 5.500% notes due 2030. The notes will mature on September 1, 2030 and may be redeemed in whole or in part at Ares Capital's option at any time at par plus a "make-whole" premium, if applicable. BofA Securities, Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, Barclays Capital Inc., BNP Paribas Securities Corp., CIBC World Markets Corp., Mizuho Securities USA LLC, MUFG Securities Americas Inc. and Truist Securities, Inc. are acting as joint book-running managers for t

Kodiak's AI-powered autonomous platform is built to handle some of the world's toughest trucking jobs and has logged over 2.6 million autonomous miles in real-world conditionsKodiak has the first publicly-announced driverless trucks in commercial operations and has strong customer traction across multiple target applications in an estimated $4+ trillion total addressable marketGenerates recurring revenue through driverless operations in the Permian Basin and autonomously delivering goods daily for customers in locations around the U.S.Kodiak has secured a firm commitment from its strategic partner, Atlas Energy Solutions (NYSE:AESI), for an initial order of 100 trucksTransaction places a pre

Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced an underwritten public offering of $1 billion in aggregate principal amount of 5.800% notes due 2032. The notes will mature on March 8, 2032 and may be redeemed in whole or in part at Ares Capital's option at any time at par plus a "make-whole" premium, if applicable. BofA Securities, Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, MUFG Securities Americas Inc., Mizuho Securities USA LLC, RBC Capital Markets, LLC and Truist Securities, Inc. are acting as joint book-running managers for this offering. BNP Paribas Securities Corp., CIBC World Markets Corp., Morgan Stanley

Ares Management Corporation (NYSE:ARES) ("Ares" or the "Company") today announced the pricing of its previously announced underwritten public offering (the "Offering") of 27,000,000 shares of Series B Mandatory Convertible Preferred Stock, par value $0.01 per share ("Mandatory Convertible Preferred Stock"), of the Company at a public offering price of $50.00 per share of Mandatory Convertible Preferred Stock. In addition, Ares has granted to the underwriters of the Offering a 30-day option to purchase up to an additional 3,000,000 shares of Mandatory Convertible Preferred Stock at the public offering price, less underwriting discounts and commissions, solely to cover over-allotments. The Of

Ares Management Corporation (NYSE:ARES) ("Ares" or the "Company") today announced the launch of an underwritten public offering (the "Offering") of 27,000,000 shares of Series B Mandatory Convertible Preferred Stock, par value $0.01 per share ("Mandatory Convertible Preferred Stock"), of the Company. Ares expects to grant to the underwriters of the Offering a 30-day option to purchase up to 3,000,000 additional shares of Mandatory Convertible Preferred Stock solely to cover over-allotments. Ares intends to use the net proceeds from the Offering for (i) the payment of a portion of the cash consideration due in respect of the Company's previously announced acquisition of the international bus

Ares Management Corporation (NYSE:ARES) ("Ares" or the "Company") today announced the pricing of its previously announced underwritten public offering (the "Offering") of 2,650,000 shares of Class A common stock, par value $0.01 per share ("Class A common stock"), of the Company at a public offering price of $134.75 per share of Class A common stock. In addition, Ares has granted to the underwriters of the Offering an option to purchase up to an additional 397,500 shares of Class A common stock at the public offering price, less underwriting discounts and commissions. The Offering is expected to close on or about June 14, 2024, subject to customary closing conditions. Ares intends to use

Ares Management Corporation (NYSE:ARES) ("Ares" or the "Company") today announced the launch of an underwritten public offering (the "Offering") of 2,650,000 shares of Class A common stock, par value $0.01 per share ("Class A common stock"), of the Company. Ares expects to grant to the underwriters of the offering an option to purchase up to 397,500 additional shares of Class A common stock. Ares intends to use the net proceeds from the offering for general corporate purposes, including repayment of debt, strategic acquisitions and to fund growth initiatives. Morgan Stanley, BofA Securities, J.P. Morgan, RBC Capital Markets and Wells Fargo Securities are acting as joint bookrunning manage

Bixby Land Company recently closed its newly established Bixby Industrial Fund I, a continuation fund that offered existing investors liquidity while extending duration for a portfolio of five industrial properties located in California, Arizona and Georgia totaling more than 836,000 square feet of leasable space all of which are 100% leased. Vintage Strategies at Goldman Sachs Alternatives and an Ares Management Real Estate Secondaries fund are equity investors in Fund I. The transaction also provides additional discretionary capital for new investments in Bixby's target markets in the Western U. S., Texas, and the Southeast. "Given an attractive basis on these initial investments, and a

Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced an underwritten public offering of $850 million in aggregate principal amount of 5.950% notes due 2029. The notes will mature on July 15, 2029, and may be redeemed in whole or in part at Ares Capital's option at any time at par plus a "make-whole" premium, if applicable. BofA Securities, Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., RBC Capital Markets, LLC and Truist Securities, Inc. are acting as joint book-running managers for this offering. CIBC World Markets Corp., ICBC Standard Bank Plc, Morgan Stanley & C

Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced an underwritten public offering of $1.00 billion in aggregate principal amount of 5.875% notes due 2029. The notes will mature on March 1, 2029, and may be redeemed in whole or in part at Ares Capital's option at any time at par plus a "make-whole" premium, if applicable. BofA Securities, Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., RBC Capital Markets, LLC, Santander US Capital Markets LLC and Truist Securities, Inc. are acting as joint book-running managers for this offering. CIBC World Markets Corp., ICBC St

X-Energy Reactor Company, LLC ("X-energy"), a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation, and Ares Acquisition Corporation (NYSE:AAC) ("AAC"), a publicly-traded special purpose acquisition company, announced today that they have mutually agreed to terminate their previously announced business combination agreement (the "Business Combination Agreement"), effective immediately. As a result, the extraordinary general meeting of AAC shareholders scheduled for October 31, 2023 to approve the proposed transaction will be convened and then adjourned indefinitely. Additionally, the extraordinary general meeting of AAC shareholders sc

Ares and Vinci Partners to Collaborate on Strategy to Accelerate Growth of Private Markets Offerings in Latin America Ares to Invest US$100 Million in New Convertible Preferred Shares to Be Issued by Vinci Partners Ares Management Corporation ("Ares") (NYSE:ARES) and Vinci Partners Investments Ltd. ("Vinci Partners" or "Vinci") (NASDAQ:VINP) announced today that they have reached an agreement to form a strategic partnership to accelerate the growth of Vinci's platform in Latin America and to collaborate on distribution, product development and other business opportunities (the "Strategic Partnership"). In connection with the formation of the Strategic Partnership, an affiliate of Ares w

Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced an underwritten public offering of $600 million in aggregate principal amount of 7.000% notes due 2027. The notes will mature on January 15, 2027 and may be redeemed in whole or in part at Ares Capital's option at any time at par plus a "make-whole" premium. BofA Securities, Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., RBC Capital Markets, LLC, Santander US Capital Markets LLC and Truist Securities, Inc. are acting as joint book-running managers for this offering. CIBC World Markets Corp., ICBC Standard Bank Pl

Ares Acquisition Corporation II (NYSE:AACT) (the "Company"), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses, announced today that, commencing June 12, 2023, holders of the units sold in the Company's initial public offering of 50,000,000 units (the "Units"), completed on April 25, 2023, may elect to separately trade the Class A ordinary shares and warrants included in the Units. Those Units not separated will continue to trade on the New York Stock Exchange (the "NYSE") under the symbol "AACT.U," and the Class A ordinary shares and warrants that are separated will trade on the NYSE under the symbols "AACT" and "AACT WS

Ares Acquisition Corporation II (the "Company"), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses, today announced the closing of its initial public offering of 45,000,000 units at a price of $10.00 per share and the sale of an additional 5,000,000 units at $10.00 per share pursuant to the underwriters' partial exercise of their over-allotment option. Total gross proceeds from the offering were $500 million before deducting underwriting discounts and commissions and other offering expenses payable by the Company. The Company's sponsor is a subsidiary of Ares Management Corporation ("Ares") (NYSE:ARES), a leading, globa

Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced a public offering of 10,500,000 shares of its common stock. The offering was upsized from its previously announced offering size of 9,000,000 shares. Ares Capital has granted the underwriters an option to purchase up to an additional 1,575,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on January 18, 2023. The offering of the shares is being made under Ares Capital's shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. On January 12, 2023, the official close price of Ares

Ares Capital Corporation (NASDAQ:ARCC) announced that it plans to make a public offering of 9,000,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 1,350,000 shares of common stock. The offering of the shares will be made under Ares Capital's shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. Morgan Stanley & Co. LLC, BofA Securities, UBS Investment Bank, RBC Capital Markets, LLC and Wells Fargo Securities are acting as joint lead book-running managers for this offering. Keefe, Bruyette & Woods, A Stifel Company, and Raymon

Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced a public offering of 8,000,000 shares of its common stock. Ares Capital has granted the underwriters an option to purchase up to an additional 1,200,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on November 10, 2022. The offering of the shares is being made under Ares Capital's shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. On November 7, 2022, the official close price of Ares Capital's common stock on The NASDAQ Global Select Market under the symbol "ARCC" was $19

Ares Capital Corporation (NASDAQ:ARCC) announced that it plans to make a public offering of 8,000,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 1,200,000 shares of common stock. The offering of the shares will be made under Ares Capital's shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. Morgan Stanley & Co. LLC, BofA Securities, UBS Investment Bank, RBC Capital Markets, LLC and Wells Fargo Securities are acting as joint lead book-running managers for this offering. Keefe, Bruyette & Woods, A Stifel Company, and Raymon

Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that Kort Schnabel was appointed as Co-President. Concurrently, Michael Smith stepped down as Co-President and has been appointed to the Ares Capital Board of Directors. Mr. Smith will continue to serve as a member of the Investment Committee of Ares Capital's investment manager. Mitchell Goldstein will continue in his role as Co-President of Ares Capital alongside Mr. Schnabel. Mr. Schnabel was a founding member of the Ares U.S. direct lending strategy in 2004 and has been at the firm since 2001. Mr. Schnabel currently serves as a Partner and Co-Head of the Ares U.S. direct lending strategy and is a member of the Inve

Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced a public offering of 8,000,000 shares of its common stock. Ares Capital has granted the underwriters an option to purchase up to an additional 1,200,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on August 2, 2022. The offering of the shares is being made under Ares Capital's shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. On July 28, 2022, the official close price of Ares Capital's common stock on The NASDAQ Global Select Market under the symbol "ARCC" was $20.11 pe

Ares Capital Corporation (NASDAQ:ARCC) announced that it plans to make a public offering of 8,000,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 1,200,000 shares of common stock. The offering of the shares will be made under Ares Capital's shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. Morgan Stanley & Co. LLC, BofA Securities, UBS Investment Bank, RBC Capital Markets, LLC and Wells Fargo Securities are acting as joint lead book-running managers for this offering. Keefe, Bruyette & Woods, A Stifel Company, and Raymon

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of January 31, 2022 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced the declaration of its distribution for the month of February 2022 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: February 18, 2022 Record Date: February 22, 2022 Payable Date: February 28, 2022 Per Share Amount: $0.0975 Based on the Fund's current share price of $15.56 (as of its close on February 10, 2022), the distribution represents an annualized distribution rate of approximately 7.52% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for info

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of December 31, 2021 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be

Ares Capital Corporation (NASDAQ:ARCC) announced that it plans to make a public offering of 10,000,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 1,500,000 shares of common stock. The offering of the shares will be made under Ares Capital's shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. Morgan Stanley & Co. LLC, BofA Securities, UBS Investment Bank, RBC Capital Markets, LLC and Wells Fargo Securities are acting as joint lead book-running managers for this offering. Keefe, Bruyette & Woods, Inc. and Raymond James & As

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced the declaration of its distribution for the month of January 2022 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: January 20, 2022 Record Date: January 21, 2022 Payable Date: January 31, 2022 Per Share Amount: $0.0975 Based on the Fund's current share price of $16.25 (as of its close on January 10, 2022), the distribution represents an annualized distribution rate of approximately 7.20% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for informati

Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced an underwritten public offering of $500 million in aggregate principal amount of 2.875% notes due 2027. The notes will mature on June 15, 2027 and may be redeemed in whole or in part at Ares Capital's option at any time at par plus a "make-whole" premium, if applicable. BofA Securities, Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., RBC Capital Markets, LLC and Truist Securities, Inc. are acting as joint book-running managers for this offering. BNP Paribas Securities Corp., Capital One Securities, Inc., CIBC World

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of November 30, 2021 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced the declaration of its distribution for the month of December 2021 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: December 17, 2021 Record Date: December 20, 2021 Payable Date: December 30, 2021 Per Share Amount: $0.0975 Based on the Fund's current share price of $15.71 (as of its close on December 9, 2021), the distribution represents an annualized distribution rate of approximately 7.45% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for infor

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of October 31, 2021 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced the declaration of its distribution for the month of November 2021 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: November 19, 2021 Record Date: November 22, 2021 Payable Date: November 30, 2021 Per Share Amount: $0.0975 Based on the Fund's current share price of $16.24 (as of its close on November 10, 2021), the distribution represents an annualized distribution rate of approximately 7.20% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for info

Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced an underwritten public offering of $700.0 million in aggregate principal amount of 3.200% notes due 2031. The notes will mature on November 15, 2031 and may be redeemed in whole or in part at Ares Capital's option at any time at par plus a "make-whole" premium, if applicable. BofA Securities, Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., RBC Capital Markets, LLC and Truist Securities, Inc. are acting as joint book-running managers for this offering. BNP Paribas Securities Corp., Capital One Securities, Inc., CIBC

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of September 30, 2021 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can b

NEW YORK, Oct. 18, 2021 (GLOBE NEWSWIRE) -- CION Ares Diversified Credit Fund ("CADC") announced that on Sept. 30, 2021, it completed the final of two closings of its $300 million private placement of mandatory redeemable preferred stock ("MRPS"). The final closing consisted of the sale of (i) 3,600,000 Series B MRPS for gross proceeds of $90 million and (ii) 6,000,000 Series C MRPS for gross proceeds of $150 million. The initial closing of the sale of 2,400,000 Series A MRPS for gross proceeds of $60 million was completed on July 30, 2021. Net proceeds from the MRPS have been used to repay existing debt and for investment and general corporate purposes. The MRPS will not be and has not

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced the declaration of its distribution for the month of October 2021 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: October 21, 2021 Record Date: October 22, 2021 Payable Date: October 29, 2021 Per Share Amount: $0.0975 Based on the Fund's current share price of $16.31 (as of its close on October 8, 2021), the distribution represents an annualized distribution rate of approximately 7.17% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for informatio

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of August 31, 2021 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be n

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced the declaration of its distribution for the month of September 2021 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: September 17, 2021 Record Date: September 20, 2021 Payable Date: September 30, 2021 Per Share Amount: $0.0975 Based on the Fund's current share price of $16.37 (as of its close on September 9, 2021), the distribution represents an annualized distribution rate of approximately 7.15% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of July 31, 2021 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be no

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced the declaration of its distribution for the month of August 2021 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: August 19, 2021 Record Date: August 20, 2021 Payable Date: August 31, 2021 Per Share Amount: $0.0975 Based on the Fund's current share price of $16.17 (as of its close on August 9, 2021), the distribution represents an annualized distribution rate of approximately 7.24% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for informational p

Ares Capital Corporation (NASDAQ:ARCC) announced that it has priced a public offering of 12,500,000 shares of its common stock. Ares Capital has granted the underwriters an option to purchase up to an additional 1,875,000 shares of common stock. The offering is subject to customary closing conditions and is expected to close on August 2, 2021. The offering of the shares is being made under Ares Capital's shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. On July 28, 2021, the official close price of Ares Capital's common stock on The NASDAQ Global Select Market under the symbol "ARCC" was $20.38 p

Ares Capital Corporation (NASDAQ:ARCC) announced that it plans to make a public offering of 12,500,000 shares of its common stock. Ares Capital also plans to grant the underwriters an option to purchase up to an additional 1,875,000 shares of common stock. The offering of the shares will be made under Ares Capital's shelf registration statement filed with the Securities and Exchange Commission on June 3, 2021, which became effective automatically upon filing. Morgan Stanley & Co. LLC, BofA Securities and Wells Fargo Securities are acting as joint lead book-running managers for this offering. Goldman Sachs & Co. LLC, J.P. Morgan, RBC Capital Markets, LLC, UBS Investment Bank, Keefe Bruyette

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of June 30, 2021 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be no

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced the declaration of its distribution for the month of July 2021 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: July 16, 2021 Record Date: July 19, 2021 Payable Date: July 30, 2021 Per Share Amount: $0.0975 Based on the Fund's current share price of $16.22 (as of its close on July 8, 2021), the distribution represents an annualized distribution rate of approximately 7.21% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for informational purposes on

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of May 31, 2021 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be no as

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced the declaration of its distribution for the month of June 2021 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: June 18, 2021 Record Date: June 21, 2021 Payable Date: June 30, 2021 Per Share Amount: $0.0975 Based on the Fund's current share price of $16.02 (as of its close on June 10, 2021), the distribution represents an annualized distribution rate of approximately 7.30% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for informational purposes o

NEW YORK--(BUSINESS WIRE)--Ares Capital Corporation (Nasdaq: ARCC) announced that it has priced an underwritten public offering of $850 million in aggregate principal amount of 2.875% notes due 2028. The notes will mature on June 15, 2028 and may be redeemed in whole or in part at Ares Capital’s option at any time at par plus a “make-whole” premium, if applicable. BofA Securities, Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc., Wells Fargo Securities, LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc., RBC Capital Markets, LLC and Truist Securities, Inc. are acting as joint book-running managers for this offering. BNP Paribas Securities Corp., Capi

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of April 30, 2021 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be no

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced the declaration of its distribution for the month of May 2021 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: May 20, 2021 Record Date: May 21, 2021 Payable Date: May 28, 2021 Per Share Amount: $0.0975 Based on the Fund's current share price of $15.64 (as of its close on May 10, 2021), the distribution represents an annualized distribution rate of approximately 7.48% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for informational purposes only a

EDISON, N.J., May 4, 2021 /PRNewswire/ -- CS Energy, a leading integrated energy firm that designs and builds optimized projects in the solar, storage, and emerging energy industries, announced today that it has been acquired by affiliates of American Securities LLC, a leading US private equity firm. American Securities acquired the equity interests in CS Energy from a fund managed by the Infrastructure and Power strategy of Ares Management Corporation (NYSE:ARES) and The Conti Group. CS Energy has established itself as a leader in the solar and energy storage sectors, having

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC) as of March 31, 2021 is now available via www.arespublicfunds.com. About Ares Dynamic Credit Allocation Fund, Inc. Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be no

Ares Dynamic Credit Allocation Fund, Inc. (the "Fund") (NYSE:ARDC) announced the declaration of its distribution for the month of April 2021 of $0.0975 per common share, payable as noted below. The following dates apply to the declared distribution: Ex-Date: April 16, 2021 Record Date: April 19, 2021 Payable Date: April 30, 2021 Per Share Amount: $0.0975 Based on the Fund's current share price of $15.22 (as of its close on April 8, 2021), the distribution represents an annualized distribution rate of approximately 7.69% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for informational purpos

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 9,500,000 shares of Class A common stock, par value $0.01 per share (“Class A common stock”), of the Company at a public offering price of $54.00 per share of Class A common stock. Ares has granted to the underwriters of the offering an option to purchase up to 1,425,000 additional shares of Class A common stock. The offering is expected to close on or about April 8, 2021, subject to customary closing conditions. Concurrently with the offering, Ares entered into a share purchase agreement with Sumito