Ares Management is prepping its latest collateralized loan obligation, the $412.80 million Ares XXVII CLO, which will bring the total amount of broadly syndicated collateralized loan obligations Ares manages to roughly $14.11 billion, according to a presale report from Standard and Poor's.

Goldman Sachs is arranging the deal, which is set to close today.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.