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Ares Management Prices European Direct Lending CLO II at Over €300 Million
LONDON, February 19, 2026--Ares Management Corporation (NYSE: ARES) ("Ares"), a leading global alternative investment manager, announced today the pricing of its second European Direct Lending Collateralized Loan Obligation, Ares European Direct Lending CLO II ("EDL CLO II"), at over €300 million.
About this update from Ares Management Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":227,"url":"https://media.zenfs.com/en/business-wire.com/7e48b4ba530b4a5d00889d33e69634f7"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/H21iJZI9XisGVmPNUiqlcQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ1NDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/7e48b4ba530b4a5d00889d33e69634f7","width":480,"height":227}},"lazy":false},{"type":"text","content":"LONDON, February 19, 2026--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) ("Ares"), a leading global alternative investment manager, announced today the pricing of its second European Direct Lending Collateralized Loan Obligation, Ares European Direct Lending CLO II ("EDL CLO II"), at over €300 million.","length":335,"tagName":"p"},{"type":"text","content":"Consistent with the underlying composition of its predecessor, EDL CLO II is a diversified CLO comprised entirely of directly originated and actively managed loans issued by over 70 middle-market companies predominantly based in Western Europe and primarily operating in resilient industries. The instrument is weighted towards senior-secured floating rate loans and will be rated by S&P and KBRA. Ares believes EDL CLO II is among the first multi-currency middle-market CLOs in Europe.","length":490,"tagName":"p"},{"type":"text","content":""We are pleased to successfully price our second European Direct Lending CLO in less than 12 months as we continue building on our nearly 20 years of corporate direct lending experience in Europe," said Michael Dennis, Partner and Co-Head of European Credit. "Looking ahead, we intend to deepen our culture of innovation to deliver compelling solutions to our investors and borrowers."","length":405,"tagName":"p"},{"type":"text","content":""Our investors’ needs are evolving and we are pleased to serve them by offering a range of solutions and the depth of capabilities required to support their objectives," said Andrea Fernandez, Partner and Chief Operating Officer of European Direct Lending. "We believe the strength of demand for EDL CLO II is a testament to our experience in structuring and managing bespoke vehicles in pursuit of differentiated returns."","length":443,"tagName...