Ares Management LP 7% Series A Preferred Units

By: ,

NON CUMULATIVE

Date Issued   6/1/2016

Shares Issued   11,000,000    Overallotment Shares  1,650,000

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S&P Rating  BBB-   Moodys Rating   NR

Security Ticker Symbol   ARES-A      OTC Temp Ticker   ARMGP

Market Traded ON   NYSE

Dividend Payment Paid on the Last Day of March, June, September and December beginning on 9/30/2016

Quarterly Dividend   .4325   Annual Dividend   1.75

Securities may be redeemed, at the issuers option, as early as 6/30/2021  the call price is $25 plus accrued dividends

Dividend Payment NOT will be Qualified Distributions

Maturity Date   None

 

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Company Investor Relations Page for Ares Management

Below you can find the offering Prospectus and Final Pricing Document

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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