MARKET

ARES-PRA

ARES MANAGEMENT
ARES-PRA
NYSE
Delisted
P/E
P/S
P/B
MARKET CAP
31.14
1.741
5.64
309,876,000.00
FOCUS-Private credit ties to banks deepen in Europe as default risk rises
A record 80% of European private credit funds borrowed from banks via 'subscription lines' in 2023. Most European funds use 'sub-line' debt - data shows. Private credit funds are also adding leverage to their loans to boost returns. Private lending may mask corporate distress, sources say.
Reuters · 5d ago
BREAKINGVIEWS-Simmering M&A gumbo lacks essential ingredients
Dealmakers cooked up more than $520 bln of mergers during the first two months of 2024. Financial and legal advisers gathered in New Orleans are still stewing. The recipe calls for some Fed and private equity spice, says Breakingviews' Jeffrey Goldfarb.
Reuters · 03/08 16:14
RPT-BREAKINGVIEWS-Banks’ hot new trade could burn others, for once
U.S. Banks are embracing the synthetic risk transfer, a riff on pre-crisis financial engineering. Banks find outside investors willing to take the first chunk of losses on loans if borrowers come unstuck. John Foley: The danger to banks is minimal, but banks are caught in an ever-tighter bind. He says risk transfers let banks pass on the riskiest part of a loan portfolio.
Reuters · 03/01 13:00
BREAKINGVIEWS-Banks’ hot new trade could burn others, for once
U.S. Banks are embracing a hot trade called the synthetic risk transfer. Banks find outside investors willing to take the first chunk of losses on loans if borrowers come unstuck. John Foley says the danger to banks is minimal, but investors need to read the fine print. Risk transfers are a riff on pre-crisis financial engineering wheezes.
Reuters · 02/29 13:00
BREAKINGVIEWS-A $16 bln deal models buyouts’ modest comeback
A $16 billion deal models buyouts’ modest comeback, says Jonathan Guilford. Banks backed away from buyouts after interest rates began rising in 2022. M&A loans fell 80% last year from 2021's peak. Truist Financial’s insurance brokerage unit deal shows Wall Street lenders tiptoeing back.
Reuters · 02/28 15:45
MEDIA-Ares leads $3.3 bln private loan for UK insurance broker Ardonagh at low rate - Bloomberg News
Reuters · 02/16 16:10
ANALYSIS-US banks, private equity firms compete to finance debt-backed deals
US banks, private equity firms compete to finance debt-backed deals. U.S. Banks reduced lending to lower-quality corporate borrowers in 2022 as interest rates rose. Credit markets recovered after the Fed paused its monetary tightening last year. Private credit firms are entering into activities once dominated by regional banks.
Reuters · 02/14 11:00
U.S. RESEARCH ROUNDUP-Hanover Insurance, Lincoln National, Transdigm Group
Wall Street analysts revise their ratings and price targets on several U.S.-listed companies. Hanover Insurance Group, Lincoln National and Transdigm Group among those. Asbury Automotive Group, Hershey and Harley-Davidson among companies with revised targets. Some analysts raised their targets on Monday.
Reuters · 02/12 07:18
More

Webull offers ARES MANAGEMENT stock information, including NYSE: ARES-PRA real-time market quotes, financial reports, professional analyst ratings, in-depth charts, corporate actions, ARES-PRA stock news, and many more online research tools to help you make informed decisions. Trade stocks for 0 commission and 0 contract fees on the web version for easy and convenient access, or download the Webull app and trade on the go.

You can practice and explore trading ARES-PRA stock methods without spending real money on the virtual paper trading platform.