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Fitch Expects to Rate Ares Management LLC's Unsecured Notes 'BBB+'

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings expects to rate Ares Management LLC's new unsecured notes 'BBB+'. The $300 million of notes will be issued from newly created subsidiary Ares Finance Co. II LLC. Issuance proceeds will be used to fund the pending acquisition of Kayne Anderson, announced on July 23, 2015. Concurrent with the establishment of Ares Finance Co. II LLC, Fitch has assigned this entity an Issuer Default Rating (IDR) of 'BBB+'. KEY RATING DRIVERS IDRs AND SENIOR DEBT The IDR and

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