Fitch rates Ares notes A-

Fitch Ratings said it gave an expected A- ratings to Ares Finance Co. IV LLC and its planned senior unsecured notes due 2052. The amount is to be determined.

The issuer is an indirect, debt-issuing subsidiary of Ares Management Corp., also rated A- by Fitch.

The agency said the A- ratings are equalized with the parent’s because Ares and its subsidiaries will guarantee the debt and receive all the issuer’s revenue.

The outlook is stable.

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