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Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Parana > News item
Published on 12/23/2021 in the Prospect News Bank Loan Daily.

Ares Management to draw on revolver for debt-platform acquisition

By Wendy Van Sickle

Columbus, Ohio, Dec. 23 – Ares Management Corp. will draw down on its $1.1 billion revolving credit facility for Ares Holdings LP’s acquisition of AMP’s PrivateMarketsCo Infrastructure Debt platform for $308 million, according to a news release.

The infrastructure debt platform had about $8 billion in assets under management at Sept. 30.

Ares is a New York-based investment company.


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