{"filing":{"accession_number":"0001628280-26-038606","cik":"0001176948","ticker":"ARES-PB","company_name":"Ares Management Corp","form":"8-K","filing_date":"2026-05-28","report_date":null,"primary_document":"ares-20260521.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1176948/000162828026038606/ares-20260521.htm"},"events":[{"id":8563,"run_id":7518,"accession_number":"0001628280-26-038606","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"summary":"Ares Management entered into Amendment No. 14 to its credit facility on May 21, 2026, extending maturity to 2031, increasing revolver commitments to $2.5 billion with accordion capacity to $3 billion, and modifying covenant restrictions. This material refinancing and restructuring of the company's debt capital structure affects investor assessment of financial flexibility and leverage.","company_name":"Ares Management Corp","ticker":"ARES-PB","filing_date":"2026-05-28","form":"8-K","submitted_at":null,"items":[{"id":2488,"accession_number":"0001628280-26-038606","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"Ares Management entered into Amendment No. 14 to its credit facility on May 21, 2026, extending maturity to 2031, increasing revolver commitments to $2.5 billion with accordion capacity to $3 billion, and modifying covenant restrictions. While this is a credit facility amendment rather than a traditional M\u0026A transaction, it represents a material refinancing and restructuring of the company's debt capital structure that would affect investor assessment of financial flexibility and leverage. The extension, increased capacity, and covenant modifications are material to the registrant's financial position.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-29T02:49:03.599265+00:00","company_name":"","ticker":null,"filing_date":""},{"id":2489,"accession_number":"0001628280-26-038606","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 is triggered, indicating creation of a direct financial obligation or off-balance sheet arrangement. However, the section merely incorporates Item 1.01 by reference without disclosing the substantive details. Without access to Item 1.01's content, the specific nature of the obligation cannot be determined—it could relate to debt issuance, lease arrangements, guarantees, or other financial commitments. The materiality and precise event classification depend on Item 1.01's disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-29T02:49:03.599265+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":2488,"accession_number":"0001628280-26-038606","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"Ares Management entered into Amendment No. 14 to its credit facility on May 21, 2026, extending maturity to 2031, increasing revolver commitments to $2.5 billion with accordion capacity to $3 billion, and modifying covenant restrictions. While this is a credit facility amendment rather than a traditional M\u0026A transaction, it represents a material refinancing and restructuring of the company's debt capital structure that would affect investor assessment of financial flexibility and leverage. The extension, increased capacity, and covenant modifications are material to the registrant's financial position.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-29T02:49:03.599265+00:00","company_name":"Ares Management Corp","ticker":"ARES-PB","filing_date":"2026-05-28"},{"id":2489,"accession_number":"0001628280-26-038606","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 is triggered, indicating creation of a direct financial obligation or off-balance sheet arrangement. However, the section merely incorporates Item 1.01 by reference without disclosing the substantive details. Without access to Item 1.01's content, the specific nature of the obligation cannot be determined—it could relate to debt issuance, lease arrangements, guarantees, or other financial commitments. The materiality and precise event classification depend on Item 1.01's disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-29T02:49:03.599265+00:00","company_name":"Ares Management Corp","ticker":"ARES-PB","filing_date":"2026-05-28"}]}