Ares Management LP announced the pricing of a secondary public offering of 7.5 million common units, representing limited partnership interests of an investor, at $20.00 per unit.
The investor has granted the underwriters an option to buy up to 1,125,000 additional common units.
None of Ares, its officers, directors or employees are offering any common units in the transaction. Neither Ares nor its officers, directors or employees will receive any proceeds from the sale.
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