03:50 AM EDT, 10/10/2024 (MT Newswires) -- Ares Management ( ARES ) said late Wednesday it has priced a $750 million offering of 5.600% senior notes due 2054.

The company expects to use net proceeds of about $737.7 million to help fund its acquisition of the international business of GLP Capital Partners (GLP) and for general corporate purposes.

The offering is expected to close on Friday.