ARES Prices Third Deal Of The Year

05 Dec 2012

Ares Management priced its $567.5 million collateralized loan obligation ARES CLO XXV; the third time the firm has come to market this year with such deals.

Ares Management priced its $567.5 million collateralized loan obligation ARES CLO XXV; the third time the firm has come to market this year with such deals. Bank of America arranged the transaction, pricing the top-rated $339.5 million tranche at LIBOR plus 139 basis points.

The deal, like many others ...

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