Ares Inks $1.6 Billion Private Loan to Support Evermark Deal

Ares Management Corp. credit funds have led a $1.6 billion private debt financing to support the merger of Suave Brands Company and Elida Beauty, according to a statement Thursday.

By Rene Ismail · Bloomberg Markets

Ares Management Corp. credit funds have led a $1.6 billion private debt financing to support the merger of Suave Brands Company and Elida Beauty, according to a statement Thursday.