0001104659-14-069467.txt : 20141001 0001104659-14-069467.hdr.sgml : 20141001 20141001152010 ACCESSION NUMBER: 0001104659-14-069467 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20141001 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20141001 DATE AS OF CHANGE: 20141001 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARES MANAGEMENT LP CENTRAL INDEX KEY: 0001176948 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 954656677 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36429 FILM NUMBER: 141132774 BUSINESS ADDRESS: STREET 1: 2000 AVE OF THE STARS STREET 2: 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3102014100 MAIL ADDRESS: STREET 1: 2000 AVE OF THE STARS STREET 2: 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 8-K 1 a14-21394_38k.htm 8-K

 

 

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): October 1, 2014

 

Ares Management, L.P.

(Exact name of registrant as specified in its charter)

 

Delaware
(State or other jurisdiction
of incorporation)

 

001-36429
(Commission
File Number)

 

80-0962035
(IRS Employer
Identification No.)

 

2000 Avenue of the Stars, 12th Floor
Los Angeles, CA

 

90067

(Address of principal executive offices)

 

(Zip Code)

 

(310) 201-4100

(Registrant’s telephone number, including area code)

 

NOT APPLICABLE
(Former name or former address, 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):

 

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 8.01                                           Other Events.

 

On October 1, 2014, Ares Finance Co. LLC, an indirect subsidiary of Ares Management, L.P., priced the previously announced offering of $250,000,000 aggregate principal amount of its 4.000% Senior Notes due 2024.  The notes will be fully and unconditionally guaranteed by Ares Management, L.P., Ares Holdings Inc., Ares Domestic Holdings Inc., Ares Real Estate Holdings LLC, Ares Holdings L.P., Ares Domestic Holdings L.P., Ares Investments L.P., Ares Real Estate Holdings L.P., Ares Management LLC and Ares Investments Holdings LLC.  The offering is subject to customary closing conditions.  Ares intends to use a portion of the net proceeds from the sale of the notes to repay outstanding borrowings under its revolving credit facility and promissory notes issued in connection with a prior acquisition.  Any remaining net proceeds will be used for general corporate purposes, including any strategic acquisitions or related transactions, and to fund growth initiatives.  Ares has entered into a non-binding letter of intent for an acquisition that is not material to its businesses.  There can be no assurance that Ares will enter into a binding agreement or complete such acquisition or any other acquisition.

 

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

 

Item 9.01                                           Financial Statements and Exhibits.

 

(d)                      Exhibits

 

Exhibit No.

 

Description

 

 

 

Exhibit 99.1

 

Press Release, dated October 1, 2014

 

2



 

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.

 

 

ARES MANAGEMENT, L.P.

 

 

 

 

By:

Ares Management GP LLC, its general partner

 

 

 

 

 

 

 

 

Date: October 1, 2014

 

By:

/s/ Daniel F. Nguyen

 

 

 

Name:

Daniel F. Nguyen

 

 

 

Title:

Executive Vice President, Chief Financial Officer & Treasurer

 

3


EX-99.1 2 a14-21394_3ex99d1.htm EX-99.1

Exhibit 99.1

 

 

ARES MANAGEMENT, L.P. ANNOUNCES

PRICING OF SENIOR NOTES OFFERING

 

LOS ANGELES — October 1, 2014 — Ares Management, L.P. (NYSE:ARES) today announced the pricing of the previously announced offering of $250,000,000 of 4.000% Senior Notes due 2024 by Ares Finance Co. LLC, its indirect subsidiary.  The notes will be fully and unconditionally guaranteed by Ares Management, L.P., Ares Holdings Inc., Ares Domestic Holdings Inc., Ares Real Estate Holdings LLC, Ares Holdings L.P., Ares Domestic Holdings L.P., Ares Investments L.P., Ares Real Estate Holdings L.P., Ares Management LLC and Ares Investments Holdings LLC.  The offering is subject to customary closing conditions.  Ares intends to use a portion of the net proceeds from the sale of the notes to repay outstanding borrowings under its revolving credit facility and promissory notes issued in connection with a prior acquisition.  Any remaining net proceeds will be used for general corporate purposes, including future strategic acquisitions or related transactions, and to fund growth initiatives.  Ares has entered into a non-binding letter of intent for an acquisition that is not material to its businesses.  There can be no assurance that Ares will enter into a binding agreement or complete such acquisition or any other acquisition.

 

The notes will be offered and sold to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933, as amended (the “Securities Act”).

 

The notes have not been and will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws.

 

This news release shall not constitute an offer to sell or a solicitation of an offer to purchase the notes or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

 

Contact

 

Ares Management, L.P.

Carl Drake
(800) 340-6597

 


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