Ares Said to Be Planning $402 Million CLO With Bank of America

Ares Management LLC is planning to raise a $402 million collateralized loan obligation with Bank of America Corp., according to two people familiar with the talks.

To contact the reporter on this story: Kristen Haunss in New York at khaunss@bloomberg.net

To contact the editor responsible for this story: Faris Khan at fkhan33@bloomberg.net

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