0001104659-22-109751.txt : 20221018 0001104659-22-109751.hdr.sgml : 20221018 20221018173456 ACCESSION NUMBER: 0001104659-22-109751 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221014 FILED AS OF DATE: 20221018 DATE AS OF CHANGE: 20221018 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ARES MANAGEMENT LLC CENTRAL INDEX KEY: 0001259313 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32663 FILM NUMBER: 221316753 BUSINESS ADDRESS: STREET 1: 2000 AVENUE OF THE STARS STREET 2: 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 310-201-4100 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS STREET 2: 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ASSF IV AIV B Holdings III, L.P. CENTRAL INDEX KEY: 0001757327 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32663 FILM NUMBER: 221316752 BUSINESS ADDRESS: STREET 1: 2000 AVE OF THE STARS, 12TH FLOOR STREET 2: C/O ARES MANAGEMENT CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 310-201-4100 MAIL ADDRESS: STREET 1: 2000 AVE OF THE STARS, 12TH FLOOR STREET 2: C/O ARES MANAGEMENT CITY: LOS ANGELES STATE: CA ZIP: 90067 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ASSF Operating Manager IV, L.P. CENTRAL INDEX KEY: 0001683967 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32663 FILM NUMBER: 221316750 BUSINESS ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3102014100 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ACOF Investment Management LLC CENTRAL INDEX KEY: 0001684171 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32663 FILM NUMBER: 221316746 BUSINESS ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3102014100 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ACOF VI Holdings, L.P. CENTRAL INDEX KEY: 0001947935 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32663 FILM NUMBER: 221316747 BUSINESS ADDRESS: STREET 1: C/O ARES MANAGEMENT LLC STREET 2: 2000 AVENUE OF THE STARS, 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 310-201-4100 MAIL ADDRESS: STREET 1: C/O ARES MANAGEMENT LLC STREET 2: 2000 AVENUE OF THE STARS, 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ASOF Investment Management LLC CENTRAL INDEX KEY: 0001793548 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32663 FILM NUMBER: 221316748 BUSINESS ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR STREET 2: C/O ARES MANAGEMENT CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3102014100 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR STREET 2: C/O ARES MANAGEMENT CITY: LOS ANGELES STATE: CA ZIP: 90067 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ASOF Holdings I, L.P. CENTRAL INDEX KEY: 0001793549 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32663 FILM NUMBER: 221316749 BUSINESS ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR STREET 2: C/O ARES MANAGEMENT LLC CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 3102014100 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS, 12TH FLOOR STREET 2: C/O ARES MANAGEMENT LLC CITY: LOS ANGELES STATE: CA ZIP: 90067 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ASSF IV AIV B, L.P. CENTRAL INDEX KEY: 0001862592 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32663 FILM NUMBER: 221316751 BUSINESS ADDRESS: STREET 1: 2000 AVENUE OF THE STARS STREET 2: 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 310-201-4100 MAIL ADDRESS: STREET 1: 2000 AVENUE OF THE STARS STREET 2: 12TH FLOOR CITY: LOS ANGELES STATE: CA ZIP: 90067 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Clear Channel Outdoor Holdings, Inc. CENTRAL INDEX KEY: 0001334978 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310] IRS NUMBER: 880318078 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4830 NORTH LOOP 1604W, SUITE 111 CITY: SAN ANTONIO STATE: TX ZIP: 78249 BUSINESS PHONE: 210-822-2828 MAIL ADDRESS: STREET 1: 4830 NORTH LOOP 1604W, SUITE 111 CITY: SAN ANTONIO STATE: TX ZIP: 78249 4 1 tm2228255-3_4seq1.xml OWNERSHIP DOCUMENT X0306 4 2022-10-14 0 0001334978 Clear Channel Outdoor Holdings, Inc. CCO 0001259313 ARES MANAGEMENT LLC 2000 AVENUE OF THE STARS 12TH FLOOR LOS ANGELES CA 90067 0 0 1 0 0001757327 ASSF IV AIV B Holdings III, L.P. 2000 AVENUE OF THE STARS 12TH FLOOR LOS ANGELES CA 90067 0 0 1 0 0001862592 ASSF IV AIV B, L.P. 2000 AVENUE OF THE STARS 12TH FLOOR LOS ANGELES CA 90067 0 0 1 0 0001683967 ASSF Operating Manager IV, L.P. 2000 AVENUE OF THE STARS 12TH FLOOR LOS ANGELES CA 90067 0 0 1 0 0001793549 ASOF Holdings I, L.P. 2000 AVENUE OF THE STARS 12TH FLOOR LOS ANGELES CA 90067 0 0 1 0 0001793548 ASOF Investment Management LLC 2000 AVENUE OF THE STARS 12TH FLOOR LOS ANGELES CA 90067 0 0 1 0 0001947935 ACOF VI Holdings, L.P. 2000 AVENUE OF THE STARS 12TH FLOOR LOS ANGELES CA 90067 0 0 1 0 0001684171 ACOF Investment Management LLC 2000 AVENUE OF THE STARS 12TH FLOOR LOS ANGELES CA 90067 0 0 1 0 Common Stock, par value $0.01 2022-10-14 4 P 0 200000 1.4746 A 50671580 I See Footnotes This statement is being filed by (i) ASSF IV AIV B Holdings III, L.P. ("ASSF IV AIV B Holdings"), (ii) ASSF IV AIV B, L.P. ("ASSF IV AIV B"), (iii) ASSF Operating Manager IV, L.P. ("ASSF Operating Manager IV"), (iv) ASOF Holdings I, L.P. ("ASOF I"), (v) ASOF Investment Management LLC ("ASOF Investment Management"), (vi) ACOF VI Holdings, L.P. ("ACOF VI"), (vii) ACOF Investment Management LLC ("ACOF Investment Management") (Continued in footnote 2) (viii) Ares Management LLC, (ix) Ares Management Holdings L.P. ("Ares Management Holdings"), (x) Ares Holdco LLC ("Ares Holdco"), (xi) Ares Management Corporation ("Ares Management"), (xii) Ares Voting LLC ("Ares Voting"), (xiii) Ares Management GP LLC ("Ares Management GP") and (xiv) Ares Partners Holdco LLC ("Ares Partners") (collectively, the "Reporting Persons"). Due to the electronic system's limitation of 10 Reporting Persons per joint filing, this statement is being filed in two parts. Ares Partners is the sole member of each of Ares Voting and Ares Management GP, which are respectively the holders of the Class B and Class C common stock of Ares Management, which common stock allows them, collectively, to generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met. Ares Management is the sole member of Ares Holdco, which is the general partner of Ares Management Holdings, which is the sole member of Ares Management LLC, which is: (a) the general partner of ASSF Operating Manager IV, which is the manager of each of ASSF IV AIV B Holdings and ASSF IV AIV B; (b) the sole member of ASOF Investment Management, which is the manager of ASOF I; and (c) the sole member of ACOF Investment Management, which is the manager of ACOF VI. Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, Ryan Berry, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over Board Members' decisions. The Reporting Persons collectively beneficially own, or may be deemed to beneficially own, in the aggregate 50,671,580 shares of Common Stock by reason of the direct or indirect beneficial ownership of such shares as follows: (i) ASSF IV AIV B Holdings directly holds 17,225,151 shares of Common Stock, (ii) ASSF IV AIV B directly holds 1,943,773 shares of Common Stock, (iii) ASOF I directly holds 19,852,354 shares of Common Stock and (iv) ACOF VI directly holds 11,650,302 shares of Common Stock. Each of the Reporting Persons and the Board Members, and the other directors, officers, partners, stockholders, members and managers of the Reporting Persons, expressly disclaims beneficial ownership of the Common Stock, except to the extent of any pecuniary interest therein, and this Form 4 shall not be deemed an admission that any such person or entity is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purposes. ARES MANAGEMENT LLC /s/ Josh Bloomstein By: Josh Bloomstein Its: Authorized Signatory 2022-10-18 ASSF IV AIV B HOLDINGS III, L.P. By: ASSF OPERATING MANAGER IV, L.P., Its manager /s/ Chris Kerezsi By: Chris Kerezsi Its: Authorized Signatory 2022-10-18 ASSF IV AIV B, L.P. By: ASSF OPERATING MANAGER IV, L.P., Its manager /s/ Chris Kerezsi By: Chris Kerezsi Its: Authorized Signatory 2022-10-18 ASSF OPERATING MANAGER IV, L.P. /s/ Chris Kerezsi By: Chris Kerezsi Its: Authorized Signatory 2022-10-18 ASOF HOLDINGS I, L.P. By: ASOF INVESTMENT MANAGEMENT LLC, Its manager /s/ Chris Kerezsi By: Chris Kerezsi Its: Authorized Signatory 2022-10-18 ASOF INVESTMENT MANAGEMENT LLC /s/ Chris Kerezsi By: Chris Kerezsi Its: Authorized Signatory 2022-10-18 ACOF VI HOLDINGS, L.P. By: ACOF INVESTMENT MANAGEMENT LLC, Its manager /s/ Chris Kerezsi By: Chris Kerezsi Its: Authorized Signatory 2022-10-18 ACOF INVESTMENT MANAGEMENT LLC /s/ Chris Kerezsi By: Chris Kerezsi Its: Authorized Signatory 2022-10-18