Ares Management Provides Additional $300 Million Financing to Tempus

MT Newswires Live

02/19

Ares Management (ARES) said late Tuesday that Ares Credit funds served as the administrative agent on $300 million in incremental debt financing for Tempus AI (TEM).

The company said Ares Credit funds provided Tempus total debt of about $560 million, including $260 million in 2022 and 2023.

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