Ares Management provides 1 bln pound loan to Daisy Group
Ares Management Corp said Feb. 26 that its European Direct Lending group provided a 1 billion pound loan to Daisy Group, which will use the funds to refinance its existing credit facilities. Daisy Founder and Chairman Matthew Riley will also buy out one of the company’s minority investors. Daisy Group provides telecommunications, IT and cloud services to U.K. businesses.
26 February 2019•3 mins read
